Hyundai Vin Lookup-Hyundai group (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 run 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 concern to encompass on your own container shipping services, the manufacturing of lifts, and tourism. Today, most companies bearing the state Hyundai are not legally similar to Hyundai Group. They attach Hyundai Motor Group, Hyundai Department store Group, Hyundai close Industries action and Hyundai enhance 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 spacious associates business, then it would remain the largest company in South Korea taking into account vast economic and diplomatic faculty in the country.
Hyundai was founded as a small construction supreme by Chung Ju-yung in 1947. Hyundai Construction began working 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 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 early 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 tapering off of the number of thing units and a scheme to fracture up the group into five independent thing groups by 2003.
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Hyundai Motor Company
Hyundai branded vehicles are manufactured by Hyundai Motor Company, which along taking into account 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 just about the world. Hyundai vehicles are sold in 193 countries through some 6,000 dealerships and showrooms worldwide. In 2012, Hyundai sold more than 4.4 million vehicles worldwide. well-liked models augment the Sonata and Elantra mid-sized sedans.
The Asan Foundation, usual by Chung Ju-yung in 1977 taking into account 50 percent of the store of Hyundai Construction, subsidizes medical services in Korea primarily through the Asan Medical center and six other hospitals. The inauguration has sponsored conferences on Eastern ethics and funded academic research into established Korean culture. In 1991, it normal the annual Filial Piety Award.
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