Chung Ju-yung creates Hyundai Construction.
Accept the challenge actively. Lead change without fear of failure. Build creative tomorrows. These tenets behind “The Hyundai Spirit” help explain how Hyundai was built, and why it will continually grow and thrive in the future.
The company begins construction of a car factory and introduces a new vehicle to Koreans.
Hyundai enters the semiconductor industry, establishing Hyundai Electronics.
Hyundai introduces an IBM-compatible personal computer called the Blue Chip PC.
HCEA moves their headquarters out of Chicago and establishes offices in Atlanta.
HCEA separates the sales and service of construction equipment from Material Handling equipment (forklifts).