Subsidy Tracker: Parent Headquarters Country Summary Page

HQ Country: 
South Korea
Subsidy Total: 
$2,117,344,579
Number of Awards: 
489
Time Period: 

Earliest year of data: 1995. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this HQ Country are for the period since 2009.

Notes: 

The dollar total above adjusts for the fact that there is an overlap between the amounts in one or more Megadeal entries and those of one or more of the other entries. Dollar totals do not include awards for which no subsidy value is disclosed.


Top 10 Parent CompaniesTotal Subsidy $Number of Awards
LG$687,094,67733
Kia Motors$410,000,0001
Samsung$349,938,71438
Hyundai Motor$254,019,67012
Hankook Tire$166,600,0002
Doosan$125,347,50780
SK Holdings$121,000,0001
Hanwha$2,913,1659
Hyundai Heavy Industries$387,7841
Korean Air Lines$43,0622


Individual Subsidy Records:

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Company Parent Location Subsidy Source Year Subsidy Valuesort icon Loan/Bailout Value Type of Subsidy
Kia Kia Motors Georgia multiple 2006 $410,000,000 MEGADEAL
Hyundai Hyundai Motor Alabama multiple 2002 $234,600,000 MEGADEAL
Samsung Samsung Texas multiple 2006 $233,400,000 MEGADEAL
LG Chem-Compact Power LG Michigan multiple 2009 $198,000,000 MEGADEAL
LG CHEM MICHIGAN INC. LG United States federal 2017 $151,431,953 federal grant
LG CHEM MICHIGAN INC. LG United States federal 2010 $151,342,047 federal grant
Hankook Tire Hankook Tire Tennessee multiple 2013 $150,600,000 MEGADEAL
Hynix Semiconductor (previously Hyundai) SK Holdings Oregon multiple 1995 $121,000,000 MEGADEAL
Samsung Austin Semiconductor LLC Samsung Texas local 2006 $119,108,917 property tax abatement
Compact Power, Inc. LG Michigan state 2009 $100,000,000 tax credit/rebate
LG Chem Michigan, Inc. LG Michigan state 2010 $100,000,000 tax credit/rebate
Samsung Samsung Texas local 2012 $83,600,000 MEGADEAL
UTC POWER CORPORATION Doosan United States federal 2017 $47,775,534 federal grant
Compact Power, Inc. LG Michigan state 2009 $25,259,000 tax credit/rebate
LG Chem Michigan, Inc. LG Michigan state 2010 $25,259,000 tax credit/rebate
Hankook Tire Manufacturing TN, LP Hankook Tire Tennessee state 2015 $16,000,000 grant
Samsung Samsung Texas state 2006 $10,800,000 grant
Samsung Semiconductor, Inc. Samsung California state 2015 $9,000,000 tax credit/rebate
LG FUEL CELL SYSTEMS INC. LG United States federal 2014 $7,405,040 federal grant
LG FUEL CELL SYSTEMS INC. LG United States federal 2018 $7,405,040 federal grant
UTC POWER CORPORATION Doosan United States federal 2009 $7,272,661 federal grant
LG FUEL CELL SYSTEMS INC. LG United States federal 2011 $6,144,547 federal grant
Samsung Semiconductor, Inc. Samsung California state 2014 $6,000,000 tax credit/rebate
LG FUEL CELL SYSTEMS INC. LG United States federal 2018 $5,696,566 federal grant
UTC Power Corp. Doosan United States federal 2010 $5,300,100 federal allocated tax credit
LG FUEL CELL SYSTEMS INC. LG United States federal 2013 $5,100,000 federal grant
LG FUEL CELL SYSTEMS INC. LG United States federal 2017 $5,078,249 federal grant
UTC POWER CORPORATION Doosan United States federal 2011 $4,895,267 federal grant
LG FUEL CELL SYSTEMS INC. LG United States federal 2012 $4,625,000 federal grant
HYUNDAI AMERICA TECHNICAL CENTER, INCORPORATE Hyundai Motor United States federal 2018 $4,215,593 federal grant
UTC POWER CORPORATION Doosan United States federal 2012 $4,000,000 federal grant
UTC POWER CORPORATION Doosan United States federal 2008 $3,727,339 federal grant
UTC POWER CORPORATION Doosan United States federal 2017 $3,077,937 federal grant
UTC POWER CORPORATION Doosan United States federal 2011 $2,664,000 federal grant
HBAS Manufacturing, Inc. Samsung Kentucky state 2007 $2,500,000 tax credit/rebate
Hyundai-Kia America Technical Center, Inc. Hyundai Motor Michigan state 2012 $2,500,000 grant/loan hybrid program
LG FUEL CELL SYSTEMS INC. LG United States federal 2009 $2,500,000 federal grant
UTC POWER CORPORATION Doosan United States federal 2011 $2,500,000 federal grant
UTC POWER CORPORATION Doosan United States federal 2010 $2,500,000 federal grant
LG FUEL CELL SYSTEMS INC. LG United States federal 2015 $2,500,000 federal grant
LG FUEL CELL SYSTEMS INC. LG United States federal 2018 $2,500,000 federal grant
HBAS Manufacturing, Inc., f/k/a Harman Becker Automotive Systems (Kentucky), Inc. Samsung Kentucky state 2000 $2,300,000 tax credit/rebate
HYUNDAI AMERICA TECHNICAL CENTER, INCORPORATE Hyundai Motor United States federal 2013 $2,267,291 federal grant
HYUNDAI AMERICA TECHNICAL CENTER, INCORPORATE Hyundai Motor United States federal 2013 $2,267,291 federal grant
HBAS Manufacturing, Inc. Samsung Kentucky state 2005 $2,026,186 tax credit/rebate
LG FUEL CELL SYSTEMS INC. LG United States federal 2010 $2,004,954 federal grant
Samsung Information Systems America, Inc. Samsung California state 2014 $2,000,000 tax credit/rebate
UTC POWER CORPORATION Doosan United States federal 2010 $2,000,000 federal grant
UTC POWER CORPORATION Doosan United States federal 2010 $2,000,000 federal grant
UTC POWER CORPORATION Doosan United States federal 2010 $2,000,000 federal grant
HYUNDAI AMERICA TECHNICAL CENTER, INCORPORATE Hyundai Motor United States federal 2012 $1,948,302 federal grant
HBAS Manufacturing, Inc. Samsung Kentucky state 2001 $1,871,119 tax credit/rebate
UTC POWER CORPORATION Doosan United States federal 2011 $1,828,500 federal grant
ClearEdge Power, Inc. Doosan Oregon state 2008 $1,803,119 tax credit/rebate
UTC POWER CORPORATION Doosan United States federal 2009 $1,800,000 federal grant
ClearEdge Power, Inc. Doosan Oregon state 2008 $1,605,298 tax credit/rebate
Hyundai-Kia America Technical Center, Inc. Hyundai Motor Michigan state 2012 $1,591,683 property tax abatement
UTC POWER CORPORATION Doosan United States federal 2009 $1,500,000 federal grant
LG FUEL CELL SYSTEMS INC. LG United States federal 2010 $1,287,000 federal grant
UTC FUEL CELLS LLC Doosan United States federal 2007 $1,250,000 federal grant
ClearEdge Power, Inc. Doosan Oregon state 2009 $1,239,541 tax credit/rebate
LG FUEL CELL SYSTEMS INC. LG United States federal 2009 $1,233,680 federal grant
ClearEdge Power, Inc. Doosan Oregon state 2009 $1,233,332 tax credit/rebate
LG FUEL CELL SYSTEMS INC. LG United States federal 2009 $1,227,260 federal grant
UTC FUEL CELLS LLC Doosan United States federal 2005 $1,200,000 federal grant
Hyundai Capital America Hyundai Motor California state 2015 $1,200,000 tax credit/rebate
HYUNDAI AMERICA TECHNICAL CENTER, INCORPORATE Hyundai Motor United States federal 2013 $1,097,255 federal grant
HYUNDAI AMERICA TECHNICAL CENTER, INCORPORATE Hyundai Motor United States federal 2017 $1,097,255 federal grant
HARMAN BECKER AUTOMOTIVE SYSTEMS, INC (HBAS) Samsung Missouri state 2011 $1,016,389 tax credit/rebate
UTC FUEL CELLS, LLC Doosan United States federal 2004 $1,000,000 federal grant
LG FUEL CELL SYSTEMS INC. LG United States federal 2010 $1,000,000 federal grant
LG FUEL CELL SYSTEMS INC. LG United States federal 2010 $1,000,000 federal grant
UTC POWER CORPORATION Doosan United States federal 2010 $1,000,000 federal grant
UTC POWER CORPORATION Doosan United States federal 2011 $1,000,000 federal grant
LG FUEL CELL SYSTEMS INC LG Ohio state 2011 $999,875 grant/loan hybrid program
LG FUEL CELL SYSTEMS INC LG Ohio state 2010 $999,770 grant/loan hybrid program
UTC FUEL CELLS LLC Doosan United States federal 2006 $990,000 federal grant
UTC POWER CORPORATION Doosan United States federal 2010 $977,937 federal grant
ClearEdge Power, Inc. Doosan Oregon state 2009 $943,016 tax credit/rebate
UTC POWER Doosan United States federal 2010 $901,987 federal grant
Hyundai Capital America Hyundai Motor California state 2014 $885,000 tax credit/rebate
UTC FUEL CELLS LLC Doosan United States federal 2005 $800,000 federal grant
UTC FUEL CELLS LLC Doosan United States federal 2005 $800,000 federal grant
LG FUEL CELL SYSTEMS INC LG Ohio state 2010 $750,000 grant/loan hybrid program
UTC FUEL CELLS LLC Doosan United States federal 2007 $750,000 federal grant
Hanwha Advanced Materials America LLC Hanwha Michigan state 2013 $720,000 tax credit/rebate
UTC POWER Doosan United States federal 2010 $675,036 federal grant
UTC FUEL CELLS LLC Doosan United States federal 2009 $633,794 federal grant
Hanwha Advanced Materials America LLC Hanwha Michigan state 2013 $616,000 property tax abatement
UTC POWER CORPORATION Doosan United States federal 2008 $600,000 federal grant
UTC POWER CORPORATION Doosan United States federal 2007 $600,000 federal grant
UTC POWER CORPORATION Doosan United States federal 2007 $600,000 federal grant
UTC POWER CORPORATION Doosan United States federal 2007 $600,000 federal grant
HARMAN BECKER AUTOMOTIVE SYSTEMS, INC (HBAS) Samsung Missouri state 2008 $570,000 training reimbursement
HARMAN BECKER AUTOMOTIVE SYSTEMS, INC (HBAS) Samsung Missouri state 2007 $561,833 tax credit/rebate
HARMAN BECKER AUTOMOTIVE SYSTEMS, INC (HBAS) Samsung Missouri state 2008 $544,000 training reimbursement
HARMAN BECKER AUTOMOTIVE SYSTEMS, INC (HBAS) Samsung Missouri state 2007 $514,000 training reimbursement
UTC POWER CORPORATION Doosan United States federal 2009 $500,000 federal grant
LG Chem LG Georgia state 2004 $490,000 grant
LG FUEL CELL SYSTEMS INC. LG United States federal 2009 $485,671 federal grant
ADITI TECHNOLOGIES PRIVATE LIMITED Samsung Washington state 2008 $478,475 tax credit/rebate
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