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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] |
Chung Ju-yung
Chung Ju-yung or Jung Joo-young (; November 25, 1915 – March 21, 2001), was a South Korean entrepreneur, businessman and the founder of Hyundai Groups, one of the largest chaebols in South Korea. Raised as the eldest son of a poor Korean farmer, he became the richest man in South Korea. Chung was an integral part to the rapid development of Korea's economy, growing Hyundai Heavy Industries to be the largest ship builder in the world, as well as growing Hyundai Motor Group into the largest automobile manufacturer in Korea, and the third largest in the world. Chung was also a vital contributor to the development of South Korea's infrastructure after the Korean War's destruction of infrastructure, such as constructing the Gyeongbu Expressway in 1970, connecting the capital, Seoul, to the port city of Busan, in alliance with the President Park Chung Hee. Chung's business ventures steered through the tumultuous times of Japanese colonial rule in Korea as well as the post-Korean Wa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hyundai Electronics
SK hynix Inc. is a South Korean supplier of dynamic random-access memory (DRAM) chips and flash memory chips. Hynix is the world's second-largest memory chipmaker (after Samsung Electronics) and the world's third-largest semiconductor company. Founded as Hyundai Electronic Industrial Co., Ltd. in 1983 and known as Hyundai Electronics, the company has manufacturing sites in Korea, the United States, mainland China and Taiwan. In 2012, when SK Telecom became its major shareholder, Hynix merged with SK Group (the third largest conglomerate in South Korea). The company's major customers include Microsoft, Apple, Asus, Dell, MSI, HP Inc., and Hewlett Packard Enterprise (formerly Hewlett-Packard). Other products that use Hynix memory include DVD players, cellular phones, set-top boxes, personal digital assistants, networking equipment, and hard disk drives. History * 1949: Founded as Gukdo construction. * 1983: Incorporated and renamed as Hyundai Electronics Industries Co., Ltd. * ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hyundai Sonata
The Hyundai Sonata is a mid-size car that has been manufactured by Hyundai since 1985. The first generation Sonata, which was introduced in 1985, was a facelifted Hyundai Stellar with an engine upgrade, and was withdrawn from the market in two years due to poor customer reaction. While the nameplate was originally only sold in South Korea, the second generation of 1988 was widely exported. The Sonata is currently manufactured in the United States for the North American market, China and South Korea for the Asian market, and Russia for other markets. It was named after the musical term, '' sonata''. First generation (Y1; 1985) The first Sonata was introduced to compete with the Daewoo Royale series and was a more luxurious version of the Stellar. It included cruise control, power seats, head lamp washers, power brakes, electric operated adjustable side mirrors and chrome bumper trims. The Sonata was available with two trim options in Korea: Luxury and Super (the latter on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Showroom
A plumbing fixture showroom, Canada, 1921 A showroom, also referred to as a gallery, is a large space used to display products, entertainment or visual arts. Marketing location A showroom is a large space used to display products for sale, such as automobiles, furniture, appliances, carpets or apparel. It is a retail store of a company in which products are on sale in a space created by their brand or company. A showroom can also be a space for wholesale buyers to view fashion merchandise for sale in their retail stores. Among the various forms of showroom, one has been increasing significantly. The guide shop model is a strategy that many brands found to be present in both online and physical stores. A guide shop is a kind of showroom where the client can try and feel the products and purchase them to have it delivered on his/her home. Fashion stores are adopting the showrooms such guide shops for immersive brand experience and the vantage of no inventory in the stores. Also, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Car Dealership
A car dealership, or car dealer, is a business that sells new or used cars, at the retail level, based on a dealership contract with an automaker or its sales subsidiary. Car dealerships also often sell spare parts and automotive maintenance services. History of car dealerships in the United States The early cars were sold by automakers to customers directly or through a variety of channels, including mail order, department stores, and traveling representatives. For example, Sears made its first attempt at selling a gasoline-engined chain-drive high-wheeler in 1908 through its mail-order catalog and starting in 1951 the Allstate through select its stores and the catalog. The first dealership in the United States was established in 1898 by William E. Metzger. Today, direct sales by an automaker to consumers are limited by most states in the U.S. through franchise laws that require new cars to be sold only by licensed and bonded, independently owned dealerships. The first ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Automobile
A car or automobile is a motor vehicle with Wheel, wheels. Most definitions of ''cars'' say that they run primarily on roads, Car seat, seat one to eight people, have four wheels, and mainly transport private transport#Personal transport, people instead of cargo, goods. The year 1886 is regarded as the birth year of the car, when German inventor Carl Benz patented his Benz Patent-Motorwagen. Cars became widely available during the 20th century. One of the first cars affordable by the masses was the 1908 Ford Model T, Model T, an American car manufactured by the Ford Motor Company. Cars were rapidly adopted in the US, where they replaced Draft animal, animal-drawn carriages and carts. In Europe and other parts of the world, demand for automobiles did not increase until after World War II. The car is considered an essential part of the Developed country, developed economy. Cars have controls for driving, parking, passenger comfort, and a variety of lights. Over the decades, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ulsan
Ulsan (), officially the Ulsan Metropolitan City is South Korea's seventh-largest metropolitan city and the eighth-largest city overall, with a population of over 1.1 million inhabitants. It is located in the south-east of the country, neighboring Busan to the south and facing Gyeongju to the north. Ulsan is the industrial powerhouse of South Korea, forming the heart of the Ulsan Industrial District. It has the world's largest automobile assembly plant, operated by the Hyundai Motor Company; the world's largest shipyard, operated by Hyundai Heavy Industries; and the world's third largest oil refinery, owned by SK Energy. In 2020, Ulsan had a GDP per capita of $65,352, the highest of any region in South Korea. Administrative divisions Ulsan is divided into four '' gu'' (districts) and one ''gun'' (county): *Buk District () * Dong District () * Jung District () * Nam District () *Ulju County () History Stone tools found at the Mugeo-dong Ok-hyeon archaeological site indicates t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kaesong Industrial Complex
The Kaesŏng Industrial Region (KIR) or Kaesŏng Industrial Zone (KIZ) is a special administrative industrial region of North Korea (DPRK). It was formed in 2002 from part of the Kaesŏng Directly-Governed City. On 10 February 2016, it was temporarily closed by the South Korean government and all staff recalled by the Park Geun-hye administration, although the former President of South Korea, Moon Jae-in, signalled his desire to "reopen and expand" the region in 2017. Its most notable feature is the Kaesŏng industrial park, which operated from 2004 to 2016 as a collaborative economic development with South Korea (ROK). The park is located ten kilometres (six miles) north of the Korean Demilitarized Zone, an hour's drive from Seoul, with direct road and rail access to South Korea. The park allows South Korean companies to employ cheap labour that is educated, skilled, and fluent in Korean, whilst providing North Korea with an important source of foreign currency. , 123 South K ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hyundai Asan
Hyundai Asan is an arm of the South Korean conglomerate Hyundai Group and a major investor in North Korea. The company manages a number of projects, including the resort at the Mount Kumgang Tourist Region and road/rail building operations. It is also involved in the Kaesong Industrial Park project. Hyundai split The family-controlled Hyundai Group, which used to be South Korea's largest Chaebol, was split into three sub-groups after the Asian financial crisis. Chung Mong-hun was involved in a power struggle with his elder brother, Chung Mong-koo, who heads another part of the Hyundai Group, the automaker Hyundai Motor Company. Accusations of corruption Hyundai Asan has faced accusations of being a vehicle for illegally transferring US$100 million to North Korea from the government of former South Korean President Kim Dae-jung. The money was supposedly used to persuade North Korean leader Kim Jong-il to attend the inter-Korean summit in 2000. Hyundai Asan is building ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kumgangsan
Mount Kumgang () or the Kumgang Mountains is a mountain massif, with a peak, in Kangwon-do, North Korea. It is located on the east coast of the country, in Mount Kumgang Tourist Region, formerly part of Kangwŏn Province, and is part of the Taebaek mountain range which runs along the east of the Korean Peninsula. The mountain is about from the South Korean city of Sokcho in Gangwon-do. Seasonal names Mount Kumgang has been known for its scenic beauty since ancient times and is the subject of many different works of art. Including its spring name, ''Kŭmgangsan'' (, ), it has many different names for each season, but it is most widely known today in the Korean language as Kŭmgangsan. In summer it is called Pongraesan (봉래산, : ''the place where a Spirit dwells''); in autumn, Phung'aksan (풍악산, : ''hill of colored leaves'', or : ''great mountain of colored leaves''); in winter, Kaegolsan (개골산, : ''stone bone mountain''). Formation The creation of Mt. Kŭm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kia Motors
Kia Corporation, commonly known as Kia (, ; formerly known as Kyungsung Precision Industry and Kia Motors Corporation), is a South Korean multinational automobile manufacturer headquartered in Seoul, South Korea. It is South Korea's second largest automobile manufacturer, after its parent company, Hyundai Motor Company, with sales of over 2.8 million vehicles in 2019. the Kia Corporation is minority owned by Hyundai, which holds a 33.88% stake valued at just over US$6 billion. Kia in turn is a minority owner of more than twenty Hyundai subsidiaries ranging from 4.9% up to 45.37%, totaling more than US$8.3 billion. Etymology According to the company, the name "Kia" derives from the Sino-Korean characters (, 'to arise') and (, which stands for 亞細亞, meaning 'Asia'); it is roughly translated as "Rising from (East) Asia." History Origins and early expansion Kia was founded on June 9, 1944, as Kyungsung Precision Industry, a manufacturer of steel tubi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hyundai Logistics
Lotte Logistics (Korean: 롯데택배, formerly 현대택배) is a logistics and shipping company headquartered in Seoul, Korea, established in 1988. It is a subsidiary of Lotte Corporation. Lotte Logistics is known for its white trucks and also operates its own commercial vehicles. Major Korean competitors include Korean National Railroad (Korail), Hutchison Whampoa, Hanjin, Terzo Logistics, and Daehan Logistics. Historically, Hyundai only faced competition from Korail for the inexpensive ground-based delivery market. However, Hanjin and Daehan Logistics have expanded into the ground market by acquiring Shipyard Cargo Containing and RPS (originally Roadway Package System) and rebranded it as Hyundai Ground. In addition, all logistic acquired Korail and Hutchson Whampoa. Today Lotte Logistics offers ground, ocean and air transportation, rail and over-the-road freight products; international trade management; customs brokerage; consulting and supply chain design; e-commerce solutio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
