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현대전자 Hyundai Electronics
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Founded:
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February 23rd, 1983
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Status:
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active (but vastly restructured)
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Key People:
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Kim Jooyong:
President (1992-September 1996)
Kim Yeonghwan:
President (September 1992- October 1999)
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Website:
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www.hynix.com (Hynix homepage)
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Profile:
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There'll hardly be anyone who doesn't know Hyundai Motors, Korea's biggest and most representative manufacturer of automobiles. Until the end of the 1999, Hyundai was the biggest of the country's jaebeol, massive conglomerates who had their hands in almost any kind of business.
Hyundai Electronics had its role in the video game business as the publisher of Nintendo consoles, beginning in October 1989 with the Hyundai Comboy, which was based on the American NES. The company continued licensing the Game Boy, SNES and the N64.
In 2000, the group fell apart after internal rivalries and financial crises. Hyundai Electronics initiated their split in 2000, which was completed in August 2001. Until then, the company had already spun off several internal departments and renamed itself to Hynix Semiconductor Inc1. Hynix doesn't have anything to do with video games at all, anymore.
In 1996, another gaming-relevant branch of the group was formed as a joint venture with Sega, adequately named Hyundai-Sega Entertainment, but later (August 2001) renamed to Hyundai Digital Entertainment2. Hyundai-Sega was primarily intended to distribute Sega arcade games in Korea, but it soon expanded its tasks to the publishing of PC games as well. In 2003, the online racing game CTRacer was started, which even survived the folding of the company in 2008, and is since offered through Mobilplanet.
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