Hyundai Lease Titling Trust atlanta Ga-Hyundai outfit (Hangul: ; Hanja: , pronounced [jnd]) is a conglomerate headquartered in Seoul, South Korea. It was founded by Chung Ju-yung in 1947 as a construction final and Chung was directly in manage 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 condensed the Hyundai Group’s situation to encompass deserted container shipping services, the manufacturing of lifts, and tourism. Today, most companies bearing the post Hyundai are not legally related to Hyundai Group. They attach Hyundai Motor Group, Hyundai Department stock Group, Hyundai stuffy Industries help and Hyundai press forward Company. However, most of the former subsidiaries of the Hyundai conglomerate continue to be govern by relations of Chung. If these companies were considered as forming a single expansive intimates business, then it would remain the largest company in South Korea considering enormous economic and political capacity in the country.
Hyundai was founded as a small construction unconditional by Chung Ju-yung in 1947. Hyundai Construction began keen outdoor of South Korea in 1965, initially entering the markets of Guam, Thailand and Vietnam.
Hyundai Motor Company was founded in 1967. Hyundai stifling 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 commencement 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 antique PC clones marketed toward consumers instead of business.
Hyundai announced a major management 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 thing units and a plan to break happening the intervention into five independent business groups by 2003.
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Hyundai Motor Company
Hyundai branded vehicles are manufactured by Hyundai Motor Company, which along behind 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 very nearly 75,000 people on the subject of the world. Hyundai vehicles are sold in 193 countries through some 6,000 dealerships and showrooms worldwide. In 2012, Hyundai sold greater than 4.4 million vehicles worldwide. popular models add up the Sonata and Elantra mid-sized sedans.
The Asan Foundation, customary by Chung Ju-yung in 1977 subsequently 50 percent of the growth of Hyundai Construction, subsidizes medical services in Korea primarily through the Asan Medical center and six further hospitals. The creation has sponsored conferences on Eastern ethics and funded academic research into conventional Korean culture. In 1991, it time-honored the annual Filial Piety Award.
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