Difference between revisions 847708809 and 849574990 on enwiki

{{short description|Multinational conglomerate headquartered in Seoul}}
{{merge to|Hyundai Group|date=March 2018}}⏎
{{hatnote|For the automobile manufacturer, see [[Hyundai Motor Company]].  This article is about the Hyundai Group before the completion of its break-up in 2003. For the continuing non-automobile manufacturer, see [[Hyundai Group]]. }}
{{other uses}}
{{short description|Multinational conglomerate headquartered in Seoul}}
{{merge to|Hyundai Group|date=March 2018}}⏎
{{Infobox company
|company name  = Hyundai Chung Ju-yung car <br /><small>{{nobold|{{lang|ko|현대}}</small><br /><small>{{lang|ko|現代}}</small>}}
|logo          = Hyundai logo (english).svg
|logo_size     = 230px
|image         = 
|image_caption =
|type          = Enterprise Group
|fate          = Broken up 
|foundation    = 1947
|founder       = [[Chung Ju-yung]] 
|location      = [[Seoul]], [[South Korea]]
|area_served   = Worldwide
|industry      = [[Conglomerate (company)|Conglomerate]]
|products      = 
|revenue       = 
|net_income    = 
|assets        = 
|num_employees = 
|homepage      = www.hyundaigroup.com
}}
{{Infobox Korean name
|hangul    = {{lang|ko|현대}}
|hanja     = {{lang|ko|現代}}
|rr        = Hyeondae
|mr        = Hyŏndae
}}

'''Hyundai Group'''<ref>Pronunciations in English vary. Among the variants are:
*{{IPAc-en|ˈ|h|j|ʌ|n|d|eɪ}} {{respell|HYUN|day}} or {{IPAc-en|ˈ|h|ʌ|n|d|eɪ}} {{respell|HUN|day}}
*{{IPAc-en|ˈ|h|j|ʌ|n|d|aɪ}} {{respell|HYUN|dy}} or {{IPAc-en|ˈ|h|ʌ|n|d|aɪ}} {{respell|HUN|dy}}
*{{IPAc-en|h|aɪ|ˈ|uː|n|d|aɪ}} {{respell|hy|OON|dy}} or {{IPAc-en|h|i|ˈ|uː|n|d|aɪ}} {{respell|hee|OON|dy}}
*{{IPAc-en|h|i|ˈ|ʌ|n|d|eɪ}} {{respell|hee|UN|day}}.</ref> ({{kKorean|hangul={{lang|ko| = 현대그룹}}|hanja={{lang|ko|現代그룹}}}}, {{IPA-ko|çjəːndɛ|pron}}) is a [[Multinational corporation|multinational]]  (conglomerate) headquartered in [[Seoul]], [[South Korea]]. It was founded by [[Chung Ju-yung]] in 1947 as a [[construction]] firm and Chung was directly in control 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 reduced the [[Hyundai Group]]'s business to encompass only container shipping services, the manufacturing of lifts, and tourism. Today, most companies bearing the name Hyundai are not legally connected to Hyundai Group.  They include [[Hyundai Motor Group]], [[Hyundai Department Store Group]], [[Hyundai Heavy Industries Group]] and [[Hyundai Development Company]]. However, most of the former subsidiaries of the Hyundai conglomerate continue to be run by relatives of Chung. If these companies were considered as forming a single broad family business, then it would remain the largest company in South Korea with enormous economic and political power in the country.

==Etymology==
The name "Hyundai" comes from the Korean word 現代{{lang|ko|{{linktext|現代}}}} ([[hanja]] form), which means "modernity".<ref name=smokescompetition>{{cite news|url=http://money.cnn.com/2010/01/04/autos/hyundai_competition.fortune/index.htm|title=Hyundai smokes the competition|accessdate=11 January 2012|publisher=CNN Money|date=5 January 2010|first=Alex|last=Taylor III}}</ref>

== History ==
(contracted; show full)[[Category:Conglomerate companies of South Korea]]
[[Category:Electronics companies of South Korea]]
[[Category:Manufacturing companies of South Korea]]
[[Category:Conglomerate companies established in 1947]]
[[Category:Manufacturing companies established in 1947]]
[[Category:Vehicle manufacturing companies established in 1947]]
[[Category:1947 establishments in Korea]]
[[Category:South Korean brands]]