[THE INVESTOR] An exodus may have begun among the South Korean companies operating in the UK in the wake of Brexit, according to industry sources.



Some firms have already pulled out, and others have put in place mid- to long-term plans for leaving Britain.



“Even before the latest referendum, South Korean companies in the UK area have been considering adjustments to their business plans due to some fundamental shifts in the European markets,” said one official of a South Korean firm operating in Britain who wished to remain anonymous.



Now with Britain’s decision to leave the European Union, those plans have picked up steam, he added.





Her Majesty the Queen at Samsung's Digital Classroom in London in March. Samsung Electronics