2003 Hyundai Tiburon Body Kit-Hyundai work (Hangul: ; Hanja: , pronounced [jnd]) is a conglomerate headquartered in Seoul, South Korea. It was founded by Chung Ju-yung in 1947 as a construction resolution and Chung was directly in rule of the company until his death in 2001.
Following the 1997 East Asian financial crisis and Chung’s death, Hyundai underwent a major restructuring and break-up, which abbreviated the Hyundai Group’s business to encompass on your own container shipping services, the manufacturing of lifts, and tourism. Today, most companies bearing the state Hyundai are not legally related to Hyundai Group. They add together Hyundai Motor Group, Hyundai Department collection Group, Hyundai close Industries work and Hyundai encroachment Company. However, most of the former subsidiaries of the Hyundai conglomerate continue to be govern by relatives of Chung. If these companies were considered as forming a single broad relations business, then it would remain the largest company in South Korea in the manner of huge economic and embassy capability in the country.
Hyundai was founded as a small construction conclusive by Chung Ju-yung in 1947. Hyundai Construction began vigorous external of South Korea in 1965, initially entering the markets of Guam, Thailand and Vietnam.
Hyundai Motor Company was founded in 1967. Hyundai unventilated Industries was founded in 1973, and completed the construction of its first ships in June 1974.
In 1983 Hyundai entered the semiconductor industry through the foundation of Hyundai Electronics (renamed Hynix in 2001).
In 1986 a Hyundai-manufactured IBM PC-XT compatible called the Blue Chip PC was sold in discount and toy stores throughout the US. It was one of the antiquated PC clones marketed toward consumers otherwise of business.
Hyundai announced a major meting out restructuring in December 1995, affecting 404 executives.
In April 1999 Hyundai announced a major corporate restructuring, involving a two-thirds tapering off of the number of situation units and a plan to rupture happening the society into five independent situation groups by 2003.
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Hyundai Motor Company
Hyundai branded vehicles are manufactured by Hyundai Motor Company, which along gone Kia comprises the Hyundai Kia Automotive Group. Headquartered in Seoul, South Korea, Hyundai operates in Ulsan the world’s largest integrated automobile manufacturing facility, which is skilled of producing 1.6 million units annually. The company employs not quite 75,000 people with reference to the world. Hyundai vehicles are sold in 193 countries through some 6,000 dealerships and showrooms worldwide. In 2012, Hyundai sold higher than 4.4 million vehicles worldwide. well-liked models tote up the Sonata and Elantra mid-sized sedans.
The Asan Foundation, established by Chung Ju-yung in 1977 following 50 percent of the stock of Hyundai Construction, subsidizes medical facilities in Korea primarily through the Asan Medical middle and six additional hospitals. The inauguration has sponsored conferences upon Eastern ethics and funded academic research into standard Korean culture. In 1991, it normal the annual Filial Piety Award.
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