Businessweek

Hyosung Corporation, together with its subsidiaries, engages in the manufacture and sale of synthetic fiber products and electronic products. The company is also involved in the manufacture and sale of wind generators, transformers, wafer and LED chips, gas and pipe supply products, liquid pumps, plastic products, spandex products, air-bag cushions and fabrics, tire cords, steel cords, steel, polyesters threads and T/C, chemical products, and chemical fibers, as well as construction and other related business activities. In addition, it engages in the sale of new motor vehicles; solar power generation activities; development and supply of software; general trading and logistics businesses; installation of environmental hygiene treatment appliances; resources development and LED research; growing of crops; and real estate development and service activities, as well as provision of finance factoring services. Hyosung Corporation was founded in 1966 and is headquartered in Seoul, South Korea.