Hyundai logo history
The history of Hyundai is linked to that of its founder, Chung Ju-yung (1915-2001). Farmer's son, he left his family at 16 years and practices several odd jobs to survive maneuver, rice dealer and repairer of cars. In 1947 he founded Hyundai Engineering & Construction (Hyundai means "modernity" in Korean), which remained the center of his group. After the Korean War, the American Ford entrust them compensation for their military vehicles and construction of barracks for the army of the United States.
The 1960s will be conducive to Chung Ju-yung who puts his talents to Korea General Park Chung-hee. It will be the builder of the highway that connects Seoul to Busan in 1968. He engages in shipbuilding, where excellent Koreans. Its shipyards will become the largest in the world, including those of Ulsan. In 2006, Hyundai is the largest shipbuilder global production value.
Hyundai Motors was established in 1967. The company will produce the first Korean car 100% from 1973, the Pony. Chung Ju-yung immediately understands the economic importance of public works and construction in the Middle East, where South Korea imports most of its hydrocarbon consumption. Hyundai will be chosen several times to make major infrastructure projects in the Middle East.
In 1983, Hyundai Electronics is created in a form of diversification. His business grows primarily on the markets for precision engineering, petrochemical and robotics.
The group also created a subsidiary, Hyundai Asan specializes in projects of cooperation between South Korea and North Korea.
Having bought the Kia brand in 1998, Hyundai Motor is now the 5th car manufacturer, with 3.7 million vehicles sold worldwide. First Korean car manufacturer, Hyundai became the first employer in the country with 170 000 workers, and second behind Samsung in the turnover.
Hyundai has also served in the production of CRTs (before the advent of LCD), renowned for their quality and relatively low prices (eg the series of ImageQuest F900, F910 etc).
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