This paper examines the sequential entry process of Korean firms in the electronics industry when making foreign direct investments in Asia, North America, and Europe during the 1980–1994 period. First, in terms of investment motives, Korean firms demonstrated partial utilization of monopolistic advantage factors centered on marketing-related resources when investing in Asia and Europe, but had not yet shown investment motives based on monopolistic advantage factors when investing in North America. On the other hand, Korean firms were gradually overcoming this initial lack of monopolistic advantage factors by sequentially entering markets starting from their core or main business lines over an extended period, thereby building various experiences and knowledge internally. This sequential entry tendency varied somewhat by region, appearing relatively stronger when Korean electronics firms invested in Asia and Europe compared to North America. These findings explicitly demonstrate that Korean firms are generally building internal organizational capabilities through sequential entry when making foreign direct investments.