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{{Short description|South Korean conglomerate}}
Since its establishment in 1957, Hyosung Corp. has become one of Korea's leading industrial conglomerates and has contributed greatly to the rapid success of the Korean economy. Hyosung's success is mainly attributed to its leading edge production and technology as well as an unwavering commitment to quality.
{{About|Hyosung Corporation|the motorcycle manufacturer|KR Motors|the Korean singer|Jun Hyo-seong}}
{{More citations needed|date=April 2020}}
{{Infobox company
| name = Hyosung Corporation
| logo = Hyosung Group logo.svg
| logo_size =
| type = [[Public company|Public]]
| traded_as = {{kse|004800}}
| foundation = {{start date and age|1966}}
| location = 119, Mapo-daero, Mapo-gu, [[Seoul]], [[South Korea]]
| key_people = [[Cho Hyun-joon]] - CEO and Chairman
| industry = Conglomerate|
| revenue = {{increase}} [[US$]] 17.0&nbsp;billion (2015)<ref name=1K>{{cite web|url=http://investing.businessweek.com/research/stocks/financials/financials.asp?ticker=004800:KS&dataset=incomeStatement&period=A&currency=US%20Dollar|title=hyosung corporation (004800:Korea SE)|publisher=businessweek.com|accessdate=September 1, 2014}}{{dead link|date=April 2023|bot=medic}}{{cbignore|bot=medic}}</ref>
| operating_income = {{increase}} US$ 816 &nbsp;million (2015) <ref name=1K/>
| net_income = {{increase}} US$ (451) &nbsp;million (2015) <ref name=1K/>
| assets = {{increase}} US$ 12.0&nbsp;billion (2015) <ref name=1K/>
| equity = {{increase}} US$ 2.98&nbsp;billion (2015) <ref name=1K/>
| num_employees = 25,000 (as of January 2015)
| homepage = [http://www.hyosung.com http://www.hyosung.com]
}}{{Infobox Korean name
|hangul=효성그룹
|hanja=曉星그룹
|rr=Hyoseong Geurup
|mr=Hyosŏng Kŭrup
}}


'''Hyosung Corporation''' is a South Korean industrial [[chaebol]], founded in 1966. It operates in various fields, including the chemical industry, industrial machinery, [[Information Technology|IT]], trade, and construction. It is known in Korea mostly for high-end apartments and [[automatic teller machine]]s. Its CEO and Chairman is Cho Hyun-joon (조현준).
Furthermore, Hyosung's global network of over 30 overseas subsidiaries and satellite offices has enabled it to effectively expand its presence in diverse fields such as apparel and industrial synthetic fibers, specialty chemicals, industrial machinery, construction & development, information technology, and international trade. By combining the corporate pillars of technology and quality together with its overseas network, the Hyosung Corp. has become the leading multi-national corporation as seen today. In order to prepare itself for the new challenges of tomorrow, the Hyosung Corporation has completed a major corporate re-organization into autonomous Performance Units and Performance Groups in order to strengthen the link between performance and accountability.


Recently, Hyosung has become known for its technologies related to [[hydrogen vehicle]]s, such as [[Carbon fibers|carbon fiber]] for the fuel tank and hydrogen charging stations.<ref>{{Cite web|last=Kang|first=John|title=Hydrogen Hope Fuels Shares Of Korean Conglomerate Hyosung, Mints New Billionaire|url=https://www.forbes.com/sites/johnkang/2021/09/16/hydrogen-hope-fuels-shares-of-korean-conglomerate-hyosung-mints-new-billionaire/|access-date=2021-09-17|website=Forbes|language=en}}</ref>
Hyosung now stands ready to undertake the new challenges facing global corporations in the borderless 21st century as they seek ways to improve performance and continue building shareholder and corporate value. Regardless of the challenges, Hyosung maintains its original commitment to the credo of 'Professionalism'.


==See also==
== Lines of Business ==
*[[Economy of South Korea]]
[[Hyosung Motors & Machinery Inc.]]
*[[List of South Korean companies]]
*[[Hyosung Motors & Machinery Inc.]]: Motorcycle manufacturer and automobile parts supplier, spun off from Hyosung Corp. in 1980.

==References==
{{Reflist}}

{{Chaebol}}
{{KOSPI 200}}
{{Authority control}}

[[Category:Hyosung| ]]
[[Category:Chaebol]]
[[Category:Real estate companies of South Korea]]
[[Category:Manufacturing companies of South Korea]]
[[Category:Financial technology companies]]
[[Category:Chemical companies of South Korea]]
[[Category:Companies based in Seoul]]
[[Category:Financial services companies established in 1966]]
[[Category:Companies listed on the Korea Exchange]]
[[Category:Companies in the KOSPI 200]]
[[Category:South Korean brands]]
[[Category:Pump manufacturers]]
[[Category:Auto dealerships]]
{{Portal|Companies|South Korea}}
{{SouthKorea-company-stub}}
{{Finance-company-stub}}
{{Chemical-company-stub}}
{{Manufacturing-company-stub}}

Revision as of 08:37, 3 April 2024

Hyosung Corporation
Company typePublic
KRX: 004800
IndustryConglomerate
Founded1966; 58 years ago (1966)
Headquarters119, Mapo-daero, Mapo-gu, Seoul, South Korea
Key people
Cho Hyun-joon - CEO and Chairman
RevenueIncrease US$ 17.0 billion (2015)[1]
Increase US$ 816  million (2015) [1]
Increase US$ (451)  million (2015) [1]
Total assetsIncrease US$ 12.0 billion (2015) [1]
Total equityIncrease US$ 2.98 billion (2015) [1]
Number of employees
25,000 (as of January 2015)
Websitehttp://www.hyosung.com
Hyosung
Hangul
효성그룹
Hanja
曉星그룹
Revised RomanizationHyoseong Geurup
McCune–ReischauerHyosŏng Kŭrup

Hyosung Corporation is a South Korean industrial chaebol, founded in 1966. It operates in various fields, including the chemical industry, industrial machinery, IT, trade, and construction. It is known in Korea mostly for high-end apartments and automatic teller machines. Its CEO and Chairman is Cho Hyun-joon (조현준).

Recently, Hyosung has become known for its technologies related to hydrogen vehicles, such as carbon fiber for the fuel tank and hydrogen charging stations.[2]

See also

References

  1. ^ a b c d e "hyosung corporation (004800:Korea SE)". businessweek.com. Retrieved September 1, 2014.[dead link]
  2. ^ Kang, John. "Hydrogen Hope Fuels Shares Of Korean Conglomerate Hyosung, Mints New Billionaire". Forbes. Retrieved 2021-09-17.