The manufacturing sector is one of the top employers in Seoul. The IT and electronics industries have been replacing such traditional sectors as the manufacture of textiles and clothes, machinery, and chemicals. Food processing, beverage production, and publishing and printing are also important to the local economy.
A number of world renowned companies such as Daewoo Corporation, Hyundai, Samsung and Kia Motors have their headquarters in Seoul. The Gross Regional Domestic Product of Seoul contributes to roughly a quarter of Korea’s national GDP.