The Rise, Fall and Rise of Hyundai Group

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  • Опубликовано: 7 авг 2024
  • Many people know Samsung is the titanic and confusing business conglomerate in South Korea - known to be so dominant that some call the country the Republic of Samsung. But for many years the country’s economic development was not led by Samsung but instead its competitor Hyundai.
    In this re-recorded video, we look at the true rags to riches story of Hyundai Group and its mythical founder Chung Ju Yung. We review the largest business lines in the Hyundai Group chaebol (conglomerate) and consider the broad government spending trends that the company rode to the very top.
    INTERFERENCES by Alessandro Galantucci 500px.com/AlessandroGalantucci
    Creative Commons - Attribution 3.0 Unported - CC BY 3.0
    creativecommons.org/licenses/b...
    ------------------------------
    Music: Mob Battle - Silent Partner • Mob Battle - Silent Pa... ​
    ------------------------------
    Links:
    - The Asianometry Newsletter: asianometry.com
    - Patreon: / asianometry

Комментарии • 82

  • @Asianometry
    @Asianometry  3 года назад +11

    This is a remake of an older video with better audio. Check out other company profiles in this playlist: ruclips.net/p/PLKtxx9TnH76Qod2z94xcDNV95_ItzIM-S

    • @American-Motors-Corporation
      @American-Motors-Corporation 2 года назад

      Real reason for Hyundai's success is simply the government!
      The company has been on welfare since what 5 years after it was founded?!

  • @golamrabbi9151
    @golamrabbi9151 3 года назад +51

    ‘Heavy industries' is one of the coolest names

    • @jholotanbest2688
      @jholotanbest2688 3 года назад +3

      Nah, it is quite technical and dry name.

    • @shazmosushi
      @shazmosushi 3 года назад +8

      I also like 'General Atomics' and 'Industrial Light and Magic'

  • @andrewdarrell4970
    @andrewdarrell4970 3 года назад +54

    The music was kind of distracting, other wise great video!

    • @epm8593
      @epm8593 3 года назад +1

      Same herr

    • @transcrobesproject3625
      @transcrobesproject3625 3 года назад +1

      Definitely, some occasional music/SFX is good but background rock/metal guitar is a bit silly. Answers with Joe does these things super well, though admittedly he has a very different vibe (you see him and comedy is a big part). My 2c.

    • @MrTonypace
      @MrTonypace 3 года назад +2

      Nah, it fits the breakneck pace. Good music, would have liked a bit more detail on the creditor troubles in 2000.

    • @brienfoaboutanything9037
      @brienfoaboutanything9037 2 года назад

      All you need to know about Hyundai Motor Company: ruclips.net/video/kqx7jtatiqA/видео.html

  • @alibizzle2010
    @alibizzle2010 3 года назад +44

    And not even a mention of poor old Daewoo. I remember when they launched in the UK. They made a big deal of the fact that they made everything from ships to parts for the shuttle programme. As far as I remember they ended up selling the car division to GM

    • @adabraakman6343
      @adabraakman6343 3 года назад +17

      Daewoo is a whole story on its own but to summarize what happened to them there was massive fraudulent accounting within the company to hide debts, it's the South Korean equivalent of Enron

    • @excitableboy7031
      @excitableboy7031 3 года назад +7

      The founder literally ran away to north korea my dude

  • @JohnLee-db9zt
    @JohnLee-db9zt 2 года назад +8

    Finally a non Korean RUclipsr who knows how to pronounce Hyundai.

    • @aussiefurbymogwaifan6621
      @aussiefurbymogwaifan6621 2 месяца назад

      In Australia we pronounce it so you can hear the "y" like hu-yun-di or something like that

  • @chrishuston4445
    @chrishuston4445 2 года назад

    Thank you for your time putting this great video together.

  • @sarcasmo57
    @sarcasmo57 3 года назад +12

    They do make quality cars

    • @syedputra5955
      @syedputra5955 3 года назад +6

      Initially . No. Currently. Yes. By hiring those with motor business experience from german companies.

    • @MrTonypace
      @MrTonypace 3 года назад +5

      They were so bad when they started exporting - can't imagine what the original domestic cars were like.

    • @GodBimmer
      @GodBimmer 2 года назад

      Don't trusted, Korea always copycat technology and them claimed . Robotic manufacturer for industry car just made Japan, Germany, USA, and Switzerland. 🇯🇵🇩🇪🇺🇲🇨🇭

    • @aussiefurbymogwaifan6621
      @aussiefurbymogwaifan6621 2 месяца назад

      ​@@syedputra5955 like their N division? (The only place that isn't boring normie cars)

  • @01ai01
    @01ai01 2 года назад

    Thanks for the audio upgrade, much appreciated.

  • @kernix8779
    @kernix8779 3 года назад +13

    SK Hynix story next ?

    • @valopf7866
      @valopf7866 3 года назад +1

      That would be great!

    • @jasonw98
      @jasonw98 3 года назад +1

      Hynix is actually own by hyundai before

  • @Flankymanga
    @Flankymanga 3 года назад +1

    Good video as allways!

  • @bouncehouseofficial
    @bouncehouseofficial 3 года назад +5

    dude you are talking WAY faster than usual, pls slow down.

  • @willli8005
    @willli8005 2 года назад +2

    You are talking too fast and the music is distracting. Otherwise, great information.

  • @justkidding202
    @justkidding202 3 года назад +25

    Now it is really Asianometry and not Chinanometry. It is great that you are also doing some videos which are not Chinese related (even if it must be harder for you). I hope you will also make some videos about Japan or India... because Asia is quite big and diverse. However for this video, were you on speed or you must have woke up fresh as never before. Also the video about Hyundai could have been more in depth but it is maybe a part 1. Anyway keep up the good work.

    • @najibyarzerachic
      @najibyarzerachic 3 года назад +2

      Sourh-east-Asianometry . More content needed from South Asia, Asean, Middle east and Central Asia.

    • @TheOriginalFaxon
      @TheOriginalFaxon 2 года назад +2

      Aren't most of his videos about Taiwan though, not China? I swear I just went on a binge of his videos and the majority were all related to TSMC or taiwan in general lol

  • @jokg28
    @jokg28 2 года назад +4

    Could you do Daewoo group?

  • @blitzerblazinoah6838
    @blitzerblazinoah6838 6 месяцев назад +1

    Hyundai also distributed Nintendo's video games console under the ComBoy brand. Could you do an essay on Nintendo's out-of-court settlement with Samsung in 1994 over Samsung microchips being used in pirate Nintendo cartridges?

  • @NotnaRed
    @NotnaRed 3 года назад +9

    Didn't Hyundai also buy Boston Dynamics?

    • @GodBimmer
      @GodBimmer 2 года назад

      Don't trusted, Korea always copycat technology and them claimed . Robotic manufacturer for industry car just made Japan, Germany, USA, and Switzerland. 🇯🇵🇩🇪🇺🇲🇨🇭

  • @maxwalker1159
    @maxwalker1159 3 года назад +2

    Interesting

  • @Briguy1027
    @Briguy1027 3 года назад +4

    Interesting -- I suspect Hyundai's story was fodder for the numerous Korean dramas that portrayed chaebols both good and bad.

  • @musafawundu6718
    @musafawundu6718 2 года назад +2

    Combined together, all the Hyundai named companies are larger than all the Samsung ones.

  • @aave865
    @aave865 3 года назад +4

    The narration is too fast.

  • @buddyscheel7266
    @buddyscheel7266 28 дней назад

    Can someone tell me the difference between Hyundai Motor and Hyundai Motor Group? Is there a difference? And who‘s the ceo of Hyundai Motor Groups and Hyundai Motor

  • @shaikikbhalBasha
    @shaikikbhalBasha Год назад

    thanks

  • @lawrencebautista1
    @lawrencebautista1 2 года назад +3

    Please do Daewoo. Also, even though Hyundai Electronics could not compete, in the auto sector it's the other way around; Samsung Motors could not compete and after AFC was purchased by Renault to become Renault Samsung. And just recently, Samsung has sold its remaining shares to Renault and is now Renault Korea Motors, ending Samsung's botched auto dream.

    • @GodBimmer
      @GodBimmer 2 года назад

      Don't trusted, Korea always copycat technology and them claimed . Robotic manufacturer for industry car just made Japan, Germany, USA, and Switzerland. 🇯🇵🇩🇪🇺🇲🇨🇭

  • @erich623
    @erich623 3 года назад +4

    Is Hyundai larger then CSSC (in terms of tonnage, ships built, or...)?

    • @user-ep2vb7fm4m
      @user-ep2vb7fm4m 2 года назад +4

      CSSC built more ships but hyundai is much bigger in revenue and tonnage than them

  • @vonoxid
    @vonoxid 3 года назад +1

    Pronunciation 🔝 현대

  • @byaafacehead
    @byaafacehead 3 года назад +1

    Nice video! A request.. even with a small amount of Korean focused videos, would it be possible to create a Korean playlist? Makes it much easier to find them among your many videos!

  • @PAARYNAKAKKU-ic3td
    @PAARYNAKAKKU-ic3td 2 года назад

    INTRESTING

  • @channeltimes3548
    @channeltimes3548 3 года назад

    500won miracle!!

  • @lancecorporal7605
    @lancecorporal7605 2 года назад +5

    5:24
    as of September 25, 2021
    Hyundai Motor -> no 8; Kia -> no. 10
    No. 1. Samsung electronics
    2 SK Hynix (Hynix was formerly the semicon co. of the Hyundai group; sold to SK)
    3. Naver
    4. Samsung Biologics
    5. LG Chem
    6. Kakao
    7. Samsung SDI
    8. Hyundai Motor
    9. Celltrion
    10 Kia
    ranking -> market capitalization

  • @tylerbuegler5847
    @tylerbuegler5847 2 года назад +1

    Thats it?

  • @konradz7171
    @konradz7171 3 года назад +3

    pls no music lol

  • @JohnNy-ni9np
    @JohnNy-ni9np 3 года назад +3

    How much Hyundai lost when they opened the first car plant in Canada ?

    • @GodBimmer
      @GodBimmer 2 года назад

      Don't trusted, Korea always copycat technology and them claimed . Robotic manufacturer for industry car just made Japan, Germany, USA, and Switzerland. 🇯🇵🇩🇪🇺🇲🇨🇭

  • @wmchan44
    @wmchan44 3 года назад +1

    人心不足蛇吞象
    Human's insatiable greed is tantamount to a snake trying to swallow an elephant.
    Inevitably it will be choked to death.
    Many good businesses collapsed as they had over extended themselves and could not handled the needed cash flow to pay the heavy debts financing incurred in their rapid business expansion.
    Human greed blocks good judgements.
    Business success is not always guarenteed.
    Lessons are not learnt.

  • @user-gv8xk6tj8h
    @user-gv8xk6tj8h 3 года назад +1

    I recommend on:Alexander Mercouris ,channel

  • @michelbruns
    @michelbruns 3 года назад +3

    Wtf is this music

  • @edwardgreysand3327
    @edwardgreysand3327 2 года назад

    hmmm

  • @epm8593
    @epm8593 3 года назад +6

    Your speech is to fast, not like your previous videos (natural, unscripted feel, little bit pause makes my brain process easier). Please slower, English not my native nor second language.

    • @giannidc1207
      @giannidc1207 3 года назад +5

      u can slower the video here on utube by urself... stop complaining and ACT

    • @greenbrickbox3392
      @greenbrickbox3392 3 года назад +1

      You can change video speed in Settings>playback speed to lower percent. To a native speaker it sounds fine

    • @MrTonypace
      @MrTonypace 3 года назад +1

      @@greenbrickbox3392 But... I do feel like he wants his videos to be for everyone who is interested. 100% easy for me, agreed.

  • @ravindradaundkar4899
    @ravindradaundkar4899 3 года назад +5

    Trust me you don't need background music to your videos. They feel like ruined.
    Your previous style was good.

  • @truevision1463
    @truevision1463 3 года назад +1

    Are you a fan of The Wire? "When you come at the king, you best not miss"