2015 Hyundai Tucson Msrp-Hyundai society (Hangul: ; Hanja: , pronounced [jnd]) is a conglomerate headquartered in Seoul, South Korea. It was founded by Chung Ju-yung in 1947 as a construction perfect 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 reduced the Hyundai Group’s issue to encompass only container shipping services, the manufacturing of lifts, and tourism. Today, most companies bearing the declare Hyundai are not legally similar to Hyundai Group. They total Hyundai Motor Group, Hyundai Department amassing Group, Hyundai unventilated Industries outfit and Hyundai move forward Company. However, most of the former subsidiaries of the Hyundai conglomerate continue to be control by intimates of Chung. If these companies were considered as forming a single broad relations business, then it would remain the largest company in South Korea next huge economic and embassy power in the country.
Hyundai was founded as a small construction conclusive by Chung Ju-yung in 1947. Hyundai Construction began full of life outdoor of South Korea in 1965, initially entering the markets of Guam, Thailand and Vietnam.
Hyundai Motor Company was founded in 1967. Hyundai close 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 instigation 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 prehistoric PC clones marketed toward consumers instead of business.
Hyundai announced a major dealing 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 concern units and a plan to break stirring the activity into five independent event groups by 2003.
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Hyundai Motor Company
Hyundai branded vehicles are manufactured by Hyundai Motor Company, which along in imitation of 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 roughly 75,000 people on 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. popular models insert the Sonata and Elantra mid-sized sedans.
The Asan Foundation, traditional by Chung Ju-yung in 1977 behind 50 percent of the stock of Hyundai Construction, subsidizes medical services in Korea primarily through the Asan Medical center and six additional hospitals. The launch has sponsored conferences on Eastern ethics and funded academic research into customary Korean culture. In 1991, it conventional the annual Filial Piety Award.
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