What is "hyundai"

Hyundai Group (; )Pronunciations in English vary. Among the variants are:

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• or

• or

• .

The closest English pronunciation to the original Korean would be , but the final vowel is checked and cannot occur word-final in English. was a multinational chaebol (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 elevators, 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.

Hyundai is a zaibatsu of South Korea, including:

• Hyundai Group, the Korean industrial conglomerate ("chaebol")
• Hyundai Motor Company, a part of Hyundai Kia Automotive Group
• Hyundai Rotem, a part of Hyundai Motor Company
• Hyundai Heavy Industries, a part of Hyundai Heavy Industries Group
• Hyundai Corporation, a part of Hyundai Heavy Industries Group
• Hyundai Asan, a division of Hyundai Group
• Hyundai Engineering and Construction, a division of Hyundai Development Group
• Hyundai Electronics, renamed as Hynix in 2001
• Hyundai Unicorns Baseball Club, owned by Hyundai Group, are referred to as "Hyundai"
• Hyundai Department Store, a department store chain in South Korea