Subsidy Tracker: Parent Headquarters Country Summary Page

HQ Country: 
South Korea
Subsidy Total: 
$3,965,046,209
Number of Awards: 
585
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
Samsung$1,546,467,34042
LG$825,859,67293
SK Holdings$421,800,2834
Kia Motors$410,000,0001
Hyundai Motor$270,788,45719
Lotte Chemical$194,673,6282
Hankook Tire$166,600,0002
Doosan$125,400,60281
Hanwha$2,913,1659
Dongwon Group$500,0002


Individual Subsidy Records:

Download results as CSV or XML (maximum 10,000; for access to larger downloads contact Kasia Tarczynska)
Company Parent Location Subsidy Source Year Subsidy Valuesort icon Loan/Bailout Value Type of Subsidy
Samsung Electronics Samsung Texas multiple 2021 $1,185,920,000 MEGADEAL
Kia Kia Motors Georgia multiple 2006 $410,000,000 MEGADEAL
SK Innovation SK Holdings Georgia multiple 2019 $299,500,000 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
Lotte Chemical Louisiana LLC Lotte Chemical Louisiana local 2017 $180,459,628 property tax abatement
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
Avon Products, Inc. LG New York local 2005 $24,779,767 tax credit/rebate; property tax abatement
Hankook Tire Manufacturing TN, LP Hankook Tire Tennessee state 2015 $16,000,000 grant
Lotte Chemical Louisiana LLC Lotte Chemical Louisiana State 2018 $14,214,000 tax credit
Samsung Samsung Texas state 2006 $10,800,000 grant
Samsung SDI America Samsung Michigan state 2019 $10,000,000 tax credit/rebate
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
LG FUEL CELL SYSTEMS INC. LG United States federal 2019 $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 2021 $6,945,475 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
LG FUEL CELL SYSTEMS INC. LG United States federal 2019 $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
HYUNDAI AMERICA TECHNICAL CENTER, INCORPORATED Hyundai Motor United States federal 2021 $4,946,529 federal grant
Avon Products, Inc. LG New York local 2011 $4,906,974 tax credit/rebate; property tax abatement
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
Avon Products, Inc. / Avon Capital Corporation LG New York local 2014 $4,316,092 tax credit/rebate
HYUNDAI AMERICA TECHNICAL CENTER, INCORPORATE Hyundai Motor United States federal 2018 $4,215,593 federal grant
Avon Products, Inc. / Avon Capital Corporation LG New York local 2012 $4,135,581 tax credit/rebate; property tax abatement
HYUNDAI AMERICA TECHNICAL CENTER, INCORPORATE Hyundai Motor United States federal 2019 $4,131,329 federal grant
UTC POWER CORPORATION Doosan United States federal 2012 $4,000,000 federal grant
Avon Products, Inc. / Avon Capital Corporation LG New York local 2013 $3,928,757 tax credit/rebate; property tax abatement
Avon Products, Inc. LG New York local 2005 $3,847,995 tax credit/rebate; property tax abatement
Avon Products, Inc. LG New York local 2009 $3,834,469 tax credit/rebate; property tax abatement
UTC POWER CORPORATION Doosan United States federal 2008 $3,727,339 federal grant
Avon Products, Inc. / Avon Capital Corporation LG New York local 2016 $3,711,079 tax credit/rebate
Avon Products, Inc. LG New York local 2004 $3,480,157 tax credit/rebate; property tax abatement
Avon Products, Inc. LG New York local 2010 $3,308,463 tax credit/rebate; property tax abatement
Avon Products, Inc. LG New York local 2008 $3,199,661 tax credit/rebate; property tax abatement
Avon Products, Inc. LG New York local 2006 $3,085,603 tax credit/rebate; property tax abatement
UTC POWER CORPORATION Doosan United States federal 2017 $3,077,937 federal grant
Avon Products, Inc. / Avon Capital Corporation LG New York local 2015 $2,953,990 tax credit/rebate
LG Electronics USA, Inc. LG Michigan state 2018 $2,920,000 tax credit/rebate
Avon Products, Inc. / Avon Capital Corporation LG New York local 2017 $2,863,357 tax credit/rebate
Avon Products, Inc. LG New York local 2007 $2,800,966 tax credit/rebate; property tax abatement
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
LG FUEL CELL SYSTEMS INC. LG United States federal 2019 $2,500,000 federal grant
Avon Products, Inc LG New York Local 2018 $2,427,065 tax credit/rebate
Avon Products, Inc. LG New York local 2003 $2,356,399 tax credit/rebate; property tax abatement
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
HYUNDAI AMERICA TECHNICAL CENTER, INCORPORATE Hyundai Motor United States federal 2019 $2,169,391 federal grant
HYUNDAI AMERICA TECHNICAL CENTER, INCORPORATE Hyundai Motor United States federal 2020 $2,169,391 federal grant
HYUNDAI AMERICA TECHNICAL CENTER, INCORPORATED Hyundai Motor United States federal 2020 $2,169,391 federal grant
LG FUEL CELL SYSTEMS INC. LG United States federal 2021 $2,150,840 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
Avon Products, Inc. LG New York local 2004 $1,983,970 tax credit/rebate; property tax abatement
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
Avon Products Inc LG New York local 2019 $1,737,142 tax credit/rebate
Avon Products, Inc. LG New York local 2010 $1,712,122 tax credit/rebate; property tax abatement
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
Avon Products, Inc. LG New York Local 2018 $1,576,784 tax credit/rebate
Avon Products, Inc. LG New York local 2009 $1,561,667 tax credit/rebate; property tax abatement
Avon Products Inc LG New York local 2016 $1,517,472 tax credit/rebate
UTC POWER CORPORATION Doosan United States federal 2009 $1,500,000 federal grant
Avon Products, Inc. LG New York local 2011 $1,404,042 tax credit/rebate; property tax abatement
Avon Products, Inc. LG New York local 2003 $1,394,321 tax credit/rebate; property tax abatement
Avon Products Inc LG New York local 2014 $1,361,667 tax credit/rebate
LG FUEL CELL SYSTEMS INC. LG United States federal 2010 $1,287,000 federal grant
Download results as CSV or XML (maximum 10,000; for access to larger downloads contact Kasia Tarczynska)