Biology of Business

KOSPI

28 companies

Amorepacific Corporation

Cosmetics & Beauty

Amorepacific sells K-Beauty cosmetics like male peacocks display tail feathers - costly signals of health and status. Sulwhasoo and Laneige products p...

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Asiana Airlines

Airlines

Asiana's routes trace migratory corridors across the Pacific—seasonal patterns refined over decades, energy-efficient flight paths, stopover hubs for...

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CJ CheilJedang

Food & Biotechnology

Korean food-biotech hybrid fermenting amino acids and food ingredients—lysine, nucleotides, seasonings produced through microbial cultivation. Industr...

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CJ Corporation

Conglomerate

Korean conglomerate spanning food, biotech, logistics, entertainment—specialized divisions cooperating like Portuguese man-of-war polyps. CJ CheilJeda...

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Coupang, Inc.

E-commerce

Coupang built its third logistics center in Taiwan in 2024—before the market became profitable—because ecosystem engineering requires infrastructure f...

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Daewoo Shipbuilding & Marine Engineering

Shipbuilding

Daewoo builds vessels like coral polyps secreting calcium carbonate shells - slow accretion of steel plates welded into hulls large enough to carry ci...

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Doosan Corporation

Trading & Investment

Doosan manufactures heavy equipment across Korean conglomerate. Its excavators, turbines, and desalination plants serve infrastructure projects global...

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Doosan Enerbility

Power Equipment

Doosan Enerbility builds power generation equipment. Its gas turbines and boilers convert fuel to electricity, massive machinery that spins generators...

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E-Mart

Retail

South Korean retail giant competing with e-commerce—hypermarket format blending grocery and general merchandise like omnivorous feeding strategies. Ph...

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Hyundai Motor

Automotive

Hyundai Motor is South Korea's largest automotive manufacturer, producing vehicles from sedans to SUVs and rapidly expanding its electric vehicle line...

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Kakao Corporation

Internet & Technology

KakaoTalk reached 48.9 million monthly active users in Q3 2024—97% of South Korea's internet users—creating network effects so dominant that the platf...

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Kia Corporation

Automotive

Kia crossed KRW 100 trillion in annual revenue for the first time in 2024 (KRW 107.45 trillion, $77.5 billion), achieving an 11.8% operating profit ma...

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Korea Investment Holdings

Financial Services

Operates financial services across securities, asset management, and banking like an organism distributing metabolic functions across specialized orga...

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Korean Air Lines Co., Ltd.

Aviation

Connects global destinations through hub-and-spoke networks that mirror how neurons route signals through synaptic junctions. Their Incheon hub concen...

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KT Corporation

Telecommunications

Functions as South Korea's nervous system - fiber optics like axons firing 5G signals at millisecond speeds. Smart cities respond to traffic, energy,...

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LG Chem

Chemicals

LG Chem executed the rarest corporate maneuver in 2020: surgical amputation of its most valuable limb. The company spun off LG Energy Solution—its bat...

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LG Display

Display Technology

Pioneered OLED screens that emit light through organic molecules, mimicking how fireflies generate bioluminescence. Their displays achieve pixel-level...

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LG Electronics

Consumer Electronics

LG Electronics achieved something most conglomerates fail at: growing platform revenue 75% year-over-year in 2024 while maintaining hardware dominance...

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LG Energy Solution

Energy Storage & Batteries

LG Energy Solution is a global leader in lithium-ion batteries for electric vehicles, energy storage systems, and consumer electronics, partnering wit...

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LG Household & Health Care

Consumer Goods

Markets consumer health and beauty products through brand ecosystems that occupy distinct market positions like species partition resources. Their por...

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LG Uplus

Telecommunications

Operates telecommunications networks that route data packets like ant colonies direct foragers through pheromone trails. Their infrastructure dynamica...

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Lotte Corporation

Conglomerate & Retail

Lotte is a major conglomerate with businesses spanning retail, food, entertainment, chemicals, and hospitality across Korea and Japan. The company ope...

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Naver Corporation

Internet & Technology

Naver crossed KRW 10 trillion in annual revenue in 2024 (KRW 10.7377 trillion, $7.7 billion)—the first Korean internet platform to reach that mileston...

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POSCO Holdings

Steel & Materials

POSCO Holdings is one of the world's leading steel manufacturers, expanding into clean energy materials including lithium, nickel, and hydrogen to sup...

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POSCO Holdings Inc.

Steel & Materials

POSCO Holdings recorded KRW 1.3 trillion in impairment losses in 2024—deliberately writing down steel assets to fund KRW 2.6 trillion in battery mater...

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Samsung Electronics

Technology/Electronics

Samsung Electronics is one of the world's largest technology companies, headquartered in Suwon, South Korea. The company exemplifies sophisticated mod...

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Samsung SDI

Battery Manufacturing

Samsung SDI recorded operating losses through Q1-Q3 2025 while committing $3.5 billion to a General Motors joint venture in Indiana (36 GWh annual cap...

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SK Hynix

Semiconductors

SK Hynix is one of the world's leading memory semiconductor manufacturers, specializing in DRAM and NAND flash memory chips for computers, servers, mo...

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