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Hyosung
Hyosung Group is a major South Korean conglomerate established in 1966. The company operates across diverse sectors including textiles, heavy industries, chemicals, and information & communication. History * 1966: Foundation of Tongyang Nylon Corporation * 1970: Merger of Hanil Nylon Co., Ltd. * 1971: Foundation of the Electronic Communication Research Center * 1973: Foundation of Tongyang Dye Engineering Co., Ltd. * 1973: Foundation of Tongyang Polyester Co., Ltd. * 1973: Foundation of Toplon Co., Ltd. * 1975: Acquisition of HanYoung Industrial Co., Ltd. * 1978: Development of BCF yarn for carpets * 1978: Foundation of Heavy Industries Technology Research Institute * 1980: Construction of Gumi Computer Plant * 1984: Merger with Toplon Co., Ltd. * 1984: Merger with Hyosung Construction Co., Ltd. * 1985: Establishment of Hyosung NAS Co., Ltd. (currently Hyosung Information Systems) * 1986: Establishment of Hyosung Hitachi Data Systems Co., Ltd. (currently Hyosung TNS) * 1987 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hyosung Chemical
Hyosung Chemical Corporation (Korean: 효성화학, Hanja: 曉星化学) is a South Korean company specializing in the production and sale of chemical products. As of December 31, 2023, Hyosung Chemical Corporation reported annual revenues of approximately $2.14 billion USD, with assets totaling around $3.12 billion USD. History Hyosung Chemical Corporation traces its origins to Hyosung Group, founded in 1966. The company initially focused on industrial materials and later expanded into the chemical sector. In 1971, it established Korea's first private corporate research institute, driving advancements in polymer and resin technologies. By the 1980s, it started the development of a chip for manufacturing PET bottles and securing US FDA approval for beverage-grade PET resins. In 1998, Hyosung restructured its divisions, integrating multiple subsidiaries to streamline its operations with developments such as the world's second low-temperature heat-sealable resin and Korea's fir ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hyosung Heavy Industries
Hyosung Heavy Industries Corporation () is a South Korean heavy industries company specializing in power transmission and distribution solutions, transformers, construction and renewable energy. It is a subsidiary of Hyosung Group. In 2024, the company reported a revenue of 4.3 trillion KRW. Its operating income stood at 257.8 billion KRW, while the total number of employees was 3,291. History Hyosung Heavy Industries was originally established in 1962 as HanYoung Industrial Co., Ltd. In 1969, it developed Korea's first 154kV extra-high-voltage transformer. The company was renamed as Hyosung Heavy Industries Corporation in 1977. Throughout the 1980s and 1990s, the company expanded its operations in power solutions and circuit breakers. In 2018, it was spun off from the Hyosung Corporation as an independent entity. Since 2019, the company has invested heavily in hydrogen energy and digital solutions to enhance its technological capabilities. The company's headquarters is locate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hyosung TNC
Hyosung TNC Corporation (Korean: 효성티앤씨, 曉星-) is a South Korean textile manufacturing and trading company specializing in textiles and international trade. The company produces textile materials through its spandex brand CREORA™ and sustainable fiber brand regen™. Additionally, Hyosung TNC operates Some Sevit, a floating cultural complex in Seoul, and provides logistics management services through the Gwangju Refrigerated Warehouse. History Founding and Early Years (1957–1969) Hyosung TNC Corporation was originally established as Hyosung Trading Company in 1957 by Cho Hong-jai. In 1962, the company relocated its headquarters to 112 Sogong-dong, Jung-gu, Seoul. Two years later, it partnered with Korea Nylon and Hanil Nylon to form Tongyang Caprolactam Co., Ltd., The establishment of Tongyang Nylon Co., Ltd. followed in 1966, along with the completion of its Ulsan Plant. In 1968, Tongyang Nylon introduced its first yarn product under the Toplon brand. Expa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cho Hyun-joon
Cho Hyun-joon (; born January 16, 1968) is a South Korean businessman and has been the Chairman of Hyosung Group since 2017. Early life Born in Seoul in 1968, Cho married Lee Mi-Kyung who is third daughter of Lee Hee-sang, a member of the Dong-Awon Group in 2001. They have three children, Cho In-Young, Cho In-Seo and Cho Jae-Hyun. Promotion to Chairman On December 29, 2016, Cho Hyun-joon took office as chairman. Educational Background He graduated from Posung Middle School in 1983 and St. Paul's School in the U.S. in 1987. In 1991, he studied in the School of Political Science at Yale University Yale University is a Private university, private Ivy League research university in New Haven, Connecticut, United States. Founded in 1701, Yale is the List of Colonial Colleges, third-oldest institution of higher education in the United Stat ... and graduated with a master's degree at Keio University, Graduate School of Law in Japan in 1996. Career In 1992, he joined ... [...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. Several dozen large South Korean family-controlled corporate groups fall under this definition. The term first appeared in English text in 1972. Chaebol 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 Group, Hyundai has made efforts in the thawing of North Korea–South Korea relations, North Korean relations, despite some controversy. Many South Korean family-run chaebol have been criticised for low dividend payouts and other governance practices that favor controlling shareholders ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Seoul
Seoul, officially Seoul Special Metropolitan City, is the capital city, capital and largest city of South Korea. The broader Seoul Metropolitan Area, encompassing Seoul, Gyeonggi Province and Incheon, emerged as the world's List of cities by GDP, sixth largest metropolitan economy in 2022, trailing behind New York metropolitan area, New York, Greater Tokyo Area, Tokyo, Greater Los Angeles, Los Angeles, Paris metropolitan area, Paris, and London metropolitan area, London, and hosts more than half of South Korea's population. Although Seoul's population peaked at over 10 million, it has gradually decreased since 2014, standing at about 9.6 million residents as of 2024. Seoul is the seat of the Government of South Korea, South Korean government. Seoul's history traces back to 18 BC when it was founded by the people of Baekje, one of the Three Kingdoms of Korea. During the Joseon dynasty, Seoul was officially designated as the capital, surrounded by the Fortress Wall of Seoul. I ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Technology Companies
Finance refers to monetary resources and to the study and discipline of money, currency, assets and liabilities. As a subject of study, is a field of Business Administration wich study the planning, organizing, leading, and controlling of an organization's resources to achieve its goals. Based on the scope of financial activities in financial systems, the discipline can be divided into personal, corporate, and public finance. In these financial systems, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. Due to its wide scope, a broad range of subfields exists within finance. Asset-, money-, risk- and investment management aim to maximize value and minimize volatility. Financial analysis assesses the viability, stability, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South Korean Brands
South is one of the cardinal directions or compass points. The direction is the opposite of north and is perpendicular to both west and east. Etymology The word ''south'' comes from Old English ''sūþ'', from earlier Proto-Germanic ''*sunþaz'' ("south"), possibly related to the same Proto-Indo-European root that the word ''sun'' derived from. Some languages describe south in the same way, from the fact that it is the direction of the sun at noon (in the Northern Hemisphere), like Latin meridies 'noon, south' (from medius 'middle' + dies 'day', ), while others describe south as the right-hand side of the rising sun, like Biblical Hebrew תֵּימָן teiman 'south' from יָמִין yamin 'right', Aramaic תַּימנַא taymna from יָמִין yamin 'right' and Syriac ܬܰܝܡܢܳܐ taymna from ܝܰܡܝܺܢܳܐ yamina (hence the name of Yemen, the land to the south/right of the Levant). South is sometimes abbreviated as S. Navigation By convention, the ''bottom or dow ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
