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Hyundai Corporation
Hyundai Corporation () is a South Korean company founded in 1976 as part of the Hyundai ''chaebol''. It is a general trading company providing export and import services with a wide variety of products including marine vessels, industrial plants and machinery, commercial automobiles and rolling stock, steel, chemical products, and general commodities. Hyundai Corporation owns Qingdao Hyundai Shipbuilding in China. It also owns in partnership with POSCO Pos-Hyundai Steel (steel trading & coil service center) at Irungattukottai near Chennai, India. It has 32 worldwide offices. In December 2009, Hyundai Heavy Industries (once a sibling company in Hyundai) purchased a 50% plus-one-share majority stake in Hyundai Corporation, and installed new management on January 1, 2010. Hyundai Corporation recorded sales of ₩41,000,000,000,000 in 2001. It was the highest sales in Korea as a company. Hyundai Corporation was awarded US$25,000,000,000 Export-Tower Award, due to its export was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hyundai Corporation Logo
Hyundai is a South Korean industrial conglomerate ("chaebol"), which was restructured into the following groups: * Hyundai Group, parts of the former conglomerate which have not been divested ** Hyundai Mobis, Korean car parts company ** Hyundai Asan, a real estate construction and civil engineering company * Hyundai Motor Group, the automotive part of the former conglomerate ** Hyundai Motor Company, an automobile manufacturer ** Hyundai N *** Hyundai Motorsport, a racing team *** Hyundai Motor India ** Hyundai Rotem, a manufacturer of railway vehicles, defense systems, and factory equipment ** Hyundai Engineering & Construction, a construction company * Hyundai Heavy Industries Group, the heavy industry part of the former conglomerate ** Hyundai Heavy Industries, the primary company representing the group ** Hyundai Corporation, a trading and industrial investment company ** Hyundai Mipo Dockyard, a shipbuilding company ** Hyundai Oilbank, a petroleum refinery company ** Hyundai Sa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hyundai Group
Hyundai Group (; ) is a South Korean conglomerate founded by Chung Ju-yung. The first company in the group was founded in 1947 as a construction company. With government assistance, Chung and his family members rapidly expanded into various industries, eventually becoming South Korea's second chaebol. Chung Ju-yung was directly in control of the company until his death in 2001. The company spun off many of its better known businesses after the 1997 Asian financial crisis and founder Chung Ju-yung's death, including Hyundai Motor Group, Hyundai Department Store Group, and Hyundai Heavy Industries Group. The Hyundai Group now focuses on elevators and tourism to Mount Kumgang. Etymology The name "Hyundai" comes from the Korean word (hanja form), which means "modernity". History * In 1947, Hyundai Togun (Hyundai Engineering and Construction), the initial company of the Hyundai Group, was established by Chung Ju-yung. Hyundai Construction began operating outside of South K ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chaebol
A chaebol (, ; ) is a large industrial South Korean conglomerate run and controlled by an individual or family. A chaebol often consists of multiple diversified affiliates, controlled by a person or group whose power over the group often exceeds legal authority. Several dozen large South Korean family-controlled corporate groups fall under this definition. The term first appeared in English text in 1972. Chaebols have also played a significant role in South Korean politics. In 1988, a member of a chaebol family, Chung Mong-joon, president of Hyundai Heavy Industries, successfully ran for the National Assembly of South Korea. Other business leaders were also chosen to be members of the National Assembly through proportional representation. Hyundai has made efforts in the thawing of North Korean relations, despite some controversy. Many South Korean family-run chaebols have been criticized for low dividend payouts and other governance practices that favor controlling shareho ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
POSCO
POSCO (formerly Pohang Iron and Steel Company) is a South Korean steel-making company headquartered in Pohang, South Korea. It had an output of of crude steel in 2015, making it the world's fourth-largest steelmaker by this measure. In 2010, it was the world's largest steel manufacturing company by market value. Also, in 2012, it was named as the world's 146th-largest corporation by the Fortune Global 500. POSCO currently operates two integrated steel mills in South Korea, in Pohang and Gwangyang. POSCO previously operated a joint venture with U.S. Steel, USS-POSCO Industries, in Pittsburg, California, United States, but U.S. Steel acquired full ownership of the facility in February 2020. History 1968–1971 In the 1960s, South Korean administration concluded that self-sufficiency in steel and the construction of an integrated steelworks were essential to economic development. Since South Korea had not possessed a modern steel plant prior to 1968, many foreign and domestic bu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hyundai Heavy Industries
Hyundai Heavy Industries Co., Ltd. (HHI; ) is the world's largest shipbuilding company and a major heavy equipment manufacturer. Its headquarters are in Ulsan, South Korea. History HHI was founded in 1972 by Chung Ju-yung as a division of the Hyundai Group, and in 1974, completed building its first ships. In 2002, the company was spun-off from its parent company. HHI has four core business divisions: Shipbuilding, Offshore & Engineering, Industrial Plant & Engineering, and Engine & Machinery. HHI also has five non-core related subsidiaries: Hyundai Electric & Energy Systems, Hyundai Construction Equipment, Hyundai Robotics, Hyundai Heavy Industries Green Energy, and Hyundai Global Service. The Hyundai Group started as a small South Korean construction firm in 1947, headed by its founder, Korean entrepreneur Chung Ju-yung. Another widely known and closely related Korean company, the Hyundai Motor Company, was founded in 1967, five years prior to the founding of the Heavy Indu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South Korean Won
The Korean Republic won, unofficially the South Korean won ( Symbol: ₩; Code: KRW; Korean: 대한민국 원) is the official currency of South Korea. A single won is divided into 100 jeon, the monetary subunit. The jeon is no longer used for everyday transactions, and it appears only in foreign exchange rates. The currency is issued by the Bank of Korea, based in the capital city of Seoul. Etymology The old "won" was a cognate of the Chinese yuan and Japanese yen, which were both derived from the Spanish-American silver dollar. It is derived from the hanja (, ''won''), meaning "round", which describes the shape of the silver dollar. The won was subdivided into 100 ''jeon'' (), itself a cognate of the Chinese unit of weight mace and synonymous with money in general. The current won (1962 to present) is written in hangul only and does not officially have any hanja associated with it. First South Korean won History The Korean won, Chinese yuan and Japanese yen were ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Dollar
The United States dollar ( symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank. The U.S. dollar was originally defined under a bimetallic standard of (0.7735 troy ounces) fine silver or, from 1837, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, it ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
