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SMBA Selects 10 Daegu Companies as Potential Global Hidden Champions

According to Yonhap News,

(DAEGU=Yonhap News) Ten companies from Daegu City have been selected for the project to develop hidden champions.

The Small and Medium Business Administration, which conducts the project, selects companies with innovation and growth potential to develop them into hidden champions to realize the regional creative economy.

The average sales of the ten Daegu-based companies including Rhaon Entertainment are KRW 23.2 billion.

The selected companies will increase their competitiveness by receiving research and development, overseas marketing and financial supports for the next three years.

Copyrights Yonhap News. All Rights Reserved.

Source Text

Source: Yonhap News (May 24, 2016)
** This article was translated from the Korean.