According to data released on Wednesday by corporate tracker CEO Score, propelled by a favorable business cycle in the semiconductor market and enhanced liquidity among leading chipmakers, the free cash flow of South Korea's top 500 listed companies (excluding financial institutions) has experienced a significant upswing over the past year. By the third quarter of this year, the combined free cash flow of these companies had soared to KRW 69.6 trillion (roughly equivalent to USD 47.3 billion), marking a 42% increase from the KRW 49.1 trillion recorded during the same period the previous year.
