Towing Capacity Hyundai Santa Fe-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 total 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 edited the Hyundai Group’s situation to encompass and no-one else container shipping services, the manufacturing of lifts, and tourism. Today, most companies bearing the state Hyundai are not legally joined to Hyundai Group. They include Hyundai Motor Group, Hyundai Department growth Group, Hyundai close Industries outfit and Hyundai progress Company. However, most of the former subsidiaries of the Hyundai conglomerate continue to be control by associates of Chung. If these companies were considered as forming a single spacious relatives business, next it would remain the largest company in South Korea subsequently gigantic economic and diplomatic capability in the country.
Hyundai was founded as a little construction resolution by Chung Ju-yung in 1947. Hyundai Construction began on the go external of South Korea in 1965, initially entering the markets of Guam, Thailand and Vietnam.
Hyundai Motor Company was founded in 1967. Hyundai heavy 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 establishment 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 It was one of the outdated PC clones marketed toward consumers on the other hand of business.
Hyundai announced a major supervision restructuring in December 1995, affecting 404 executives.
In April 1999 Hyundai announced a major corporate restructuring, involving a two-thirds narrowing of the number of thing units and a plot to break stirring the society 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 skilled of producing 1.6 million units annually. The company employs approximately 75,000 people regarding 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 add together the Sonata and Elantra mid-sized sedans.
The Asan Foundation, time-honored by Chung Ju-yung in 1977 later 50 percent of the gathering of Hyundai Construction, subsidizes medical facilities in Korea primarily through the Asan Medical middle and six further hospitals. The launch has sponsored conferences on Eastern ethics and funded academic research into conventional Korean culture. In 1991, it usual the annual Filial Piety Award.
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