Comparing the performance of Korean, American and Japanese companies, semiconductors are sluggish but automobiles and other industries are doing well - Korean Employers Association

According to the ``Comparison of the actual management situation of representative companies by industry in South Korea, the United States, and Japan'' announced by the Korean Employers Association on the 3rd, the semiconductor companies representing South Korea and the United States have continued to deteriorate in performance since last year. half
It has become clear that the problem has become more serious over time. The average year-over-year sales growth rate for the four leading semiconductor companies in South Korea and the United States will be 2.7% in 2022, compared to 22.3% in 2021.
It decreased significantly. In the first half of 2023, it was -29.7%. The average operating profit margin was sluggish at -9.4% in the first half of 2023.
Meanwhile, in the first half of 2023, South Korea's leading automobile companies recorded an average sales growth rate of 19.6% and an average operating profit margin of 7.9%.
Record. Internet services have also continued to perform well since last year, with an average sales increase rate of 10.3% and operating profit margin of 18.6%.
By country, Japan has the highest average sales growth rate in the first half of 2023, while the US has the highest average operating profit margin.
Each country was the highest. South Korea ranked first in sales growth rate last year, but in the first half of this year it ranked second in both sales growth rate and operating profit margin.
In the first half of this year, the average sales growth rate (-2.3%) and average operating profit margin (1.0%) of South Korea's leading distribution companies were both higher than those in the United States and Japan.
It was lower than the book. On the other hand, it is known that Korea is doing better in automobiles, pharmaceuticals, and biotechnology than the United States and Japan.