2014 Hyundai Santa Fe Limited for Sale-Hyundai bureau (Hangul: ; Hanja: , pronounced [jnd]) is a conglomerate headquartered in Seoul, South Korea. It was founded by Chung Ju-yung in 1947 as a construction answer 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 edited the Hyundai Group’s thing to encompass and no-one else container shipping services, the manufacturing of lifts, and tourism. Today, most companies bearing the reveal Hyundai are not legally united to Hyundai Group. They tally Hyundai Motor Group, Hyundai Department heap Group, Hyundai oppressive Industries work and Hyundai forward movement Company. However, most of the former subsidiaries of the Hyundai conglomerate continue to be run by associates of Chung. If these companies were considered as forming a single expansive relations business, subsequently it would remain the largest company in South Korea gone enormous economic and diplomatic facility in the country.
Hyundai was founded as a small construction perfect by Chung Ju-yung in 1947. Hyundai Construction began vigorous uncovered 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 creation 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 antediluvian PC clones marketed toward consumers otherwise of business.
Hyundai announced a major giving out restructuring in December 1995, affecting 404 executives.
In April 1999 Hyundai announced a major corporate restructuring, involving a two-thirds dwindling of the number of issue units and a plan to rupture occurring the action into five independent issue groups by 2003.
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Hyundai Motor Company
Hyundai branded vehicles are manufactured by Hyundai Motor Company, which along following 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 gifted of producing 1.6 million units annually. The company employs virtually 75,000 people approaching the world. Hyundai vehicles are sold in 193 countries through some 6,000 dealerships and showrooms worldwide. In 2012, Hyundai sold beyond 4.4 million vehicles worldwide. popular models enlarge the Sonata and Elantra mid-sized sedans.
The Asan Foundation, acknowledged by Chung Ju-yung in 1977 subsequently 50 percent of the accretion of Hyundai Construction, subsidizes medical services in Korea primarily through the Asan Medical center and six additional hospitals. The creation has sponsored conferences upon Eastern ethics and funded academic research into acknowledged Korean culture. In 1991, it established the annual Filial Piety Award.
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