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Investment soared among top 30 conglomerate groups in H1
Updated: 2017-08-20 13:06:16 KST
Investments made by Korea's top 30 conglomerates soared during the first half the year, due to strong performances by chip and display makers.
Market tracker 'CEO Score' says it amounted to a combined 32.5-billion U.S. dollars, a 28-percent increase from the same period last year.
Tech giant Samsung led the increase with investments worth 11-billion dollars, a rise of 66-percent on-year.
LG also made a 52-percent increase in investments, totaling 4.3 billion dollars.
However, car makers and heavy manufacturing industries, such as Hyundai Motors and Doosan, saw investments drop, with their respective industries seen struggling.
Reporter : jiyeonkim@arirang.co.kr