linerprofit.blogg.se

(Only the headline and picture of this report may have been reworked by the Business Standard staff the rest of the content is auto-generated from a syndicated feed. The tumble in the South Korean firms' market share contrasted with the surge by Chinese firms, including top player CATL whose share jumped to 37.1 percent from 32.2 percent over the cited period.ĬATL and two other Chinese players - BYD and CALB - altogether accounted for 54.7 percent of the global market share, up from 43.7 percent a year ago.Ĭhinese EV battery makers have been leading the world market thanks to strong domestic demand and Beijing's policy support. Samsung SDI, which supplies batteries for the BMW iX and Fiat 500, saw its market share remain flat at 5 percent, ranking sixth.

SK On, the battery-making subsidiary of SK Innovation Co., suffered a 0.1-percentage-point decline to 5.9 percent but retained the No. LG Energy Solution counts Tesla, Volkswagen and Audi as its clients, reports Yonhap news agency. The market portion of LG Energy Solution fell to 12.3 percent from 19.6 percent during the period, with its global ranking dropping to third place from second. held a combined 23.1 percent of the global EV battery market in the January-November period, down 7.4 percentage points from a year earlier, according to the data from market researcher SNE Research. Custom virtual background while recording webcam 3. Heres what sets Vmaker apart from the rest: 1.

Vmaker lets you create, edit, and share videos on the go. The trio - LG Energy Solution Ltd., SK Innovation Co. Vmaker is an application that records screen, webcam, or both at the same time in addition to capturing microphone and system audio. Cho started last year at number 18 with a net worth of $2.35 billion.Three South Korean electric vehicle (EV) battery makers saw their global market share sink in the first 11 months of 2022 from a year earlier amid robust growth of Chinese rivals, industry data showed on Wednesday. Meanwhile, Cho became a billionaire in July 2021 when he took his COVID-19 test maker, SD Biosensor, public on Cosdac to raise $680 million. In the most recent ranking, SEO was ranked fourth with a net worth of $6.9 billion. Seo, who cofounded drugmaker Celltrion in 2002, has topped the 2021 Korea Wealth Rankings with a net worth of $12.5 billion. Two other billionaires on the list of Korea’s 50 richest people – Seo Jung-jin and Cho Young-sik – also made their fortunes from biotech.

Before last year’s stock market crash, South Korea created eight billionaires in the span of about six months, including the country’s first two from the crypto industry. The South Korean stock market is currently Asia’s second worst performer over the past 12 months after Hong Kong, with the country’s benchmark Kospi index falling 10%. at Sungkyunkwan University in Seoul.Ĭhung is the first self-made billionaire in South Korea since July last year, when Kim Jae-young, founder of online game developer Lionheart Studios, joined the three-comma club following a $925 million investment from local Internet giant Kakao. He earned a doctorate in animal science at Cornell University, a master’s degree in biology at Texas State University, and a bachelor’s degree in genetic engineering. , Its anti-wrinkle shot was the biggest revenue driver, accounting for 45% of Caregen’s total sales.Ĭaregen CEO Chung founded the company in 2001 and listed on Korea’s technology-rich KOSDAQ stock exchange in 2015. The company reported that revenue for the first three quarters of 2022 rose to nearly 50 billion won ($40 million), a 13.4% jump from the same period a year earlier, while its net income rose 2.1% to 21 billion ($16 million). Caregen says it sells and ships its products to more than 130 countries, and its largest markets are in the Middle East and North Africa, Europe, and the Asia Pacific regions. VmakerAuthor helps the L&D teams to create educational content without depending on any external team. Its most popular product is an injectable dermal filler used to treat wrinkles. forbes The Chung family’s net worth is estimated at $1.1 billion as of Friday’s close.īased in Anyang, south of Seoul, Caregen develops cosmetics and healthcare products based on peptides, which are short strings of amino acids that make up proteins. His children Min-woo and Yeon-woo each own 0.05%.

The first entrepreneurĬhung, who turns 53 later this month, is Caregen’s largest shareholder, with about 64% to his name. DDespite a volatile stock market, shares of South Korean biotechnology company Caregen have tripled over the past year, making its founder and CEO, Chung Yong-ji, a billionaire - joining the country’s three-comma club in seven months.