Samsung and Hyundai-Kia Motor Market Capitalization Improves
Businessweek notes that Korea-based Samsung and Hyundai-Kia Motors' rankings in market capitalization surged in 2005.
General Electric remained the worldÂ’s biggest company in terms of market capitalization for a second consecutive year, ahead of ExxonMobile and Microsoft, in a ranking by BusinessWeek of 1,200 corporations worldwide, the U.S. magazine said Saturday. GE was valued at US$377.4 billion and Exxon at $361 billion.
Microsoft came third with $296.4 billion, and Citi Group and BP took fourth and fifth place with $245.6 billion and $236.2 billion. Their ranking was the same as last year.
Among Korean companies, Samsung Electronics saw its ranking surge from 48th to 32nd with $100.3 billion. The countryÂ’s largest lender Kookmin Bank and automaker Hyundai Motor ranked 273rd and 277th, up from 438th and 466th last year.
General Electric remained the worldÂ’s biggest company in terms of market capitalization for a second consecutive year, ahead of ExxonMobile and Microsoft, in a ranking by BusinessWeek of 1,200 corporations worldwide, the U.S. magazine said Saturday. GE was valued at US$377.4 billion and Exxon at $361 billion.
Microsoft came third with $296.4 billion, and Citi Group and BP took fourth and fifth place with $245.6 billion and $236.2 billion. Their ranking was the same as last year.
Among Korean companies, Samsung Electronics saw its ranking surge from 48th to 32nd with $100.3 billion. The countryÂ’s largest lender Kookmin Bank and automaker Hyundai Motor ranked 273rd and 277th, up from 438th and 466th last year.
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