Hyosung Corp - Company Profile
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Hyosung Corp (Hyosung) is an industrial conglomerate. The company manufactures and distributes fiber products including terylene, viscose fiber, carbon fiber, acetate fiber, and other products. Its operations encompass businesses such as textiles, chemicals, industrial materials, power and industrial systems, construction, trading, and information and communication. Hyosung manufactures and sells synthetic fiber products and electronic products such as fibers, tire cords, automotive seatbelt yarns, airbag fabric, spandex, transformers, PET bottles, pumps, carpets, gear reducers and generators for power plants, and plastic wrapping films. It also manufactures wind turbines and charging systems for renewable energy. Hyosung is headquartered in Seoul, South Korea.
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Products and Services
Products | Services |
---|---|
Fiber: | Logistic Services |
Carpet Yarn | Repair and Rationalization |
Nylon Fiber | Comprehensive Design and Audit |
XYZ | XYZ |
XYZ | XYZ |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | New Products/Services | In April, Hyosung Information Systems introduced its advanced AI platform at AI EXPO KOREA 2024 in Seoul. |
2024 | New Products/Services | In March, the company launched Hyosung GV125R in Europe. |
2023 | New Products/Services | In September, the company launched Hyosung GV300S-Evo. |
Competitor Comparison
Key Parameters | Hyosung Corp | LG Chem Ltd | Mitsubishi Heavy Industries Ltd | Posco International Corp | Doosan Corp |
---|---|---|---|---|---|
Headquarters | South Korea | South Korea | Japan | South Korea | South Korea |
City | Seoul | Seoul | Chiyoda-Ku | Seoul | Seoul |
State/Province | - | - | Tokyo | - | - |
No. of Employees | 7,778 | 14,280 | 76,859 | 1,064 | 3,930 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Hyun Joon Cho | Chairman | Executive Board | 2017 | - |
H.S. Cho | Vice Chairman; Chief Operating Officer; President - Industrial Materials Performance Group | Executive Board | - | - |
Kyoo-Young Kim | President; Director | Executive Board | - | - |
Cho Yong-Soo | President | Senior Management | 2023 | - |
Simon Whitmarsh-Knight | Director - Marketing Director, Hyosung Textiles | Senior Management | 2022 | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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