ILJIN Group

ILJIN Group is a Korean Chaebol (conglomerate).

History

The ILJIN Group was established in 1967 to produce high-voltage electrical transmission equipment. Founder Huh Chin-kyu(허진규) wanted to localise technology to foster South Korea's economic independence, and started the company after an earlier company he worked in as engineer went bust.[1]

In addition to the production of cables and other high-voltage equipment, he ILJIN Group expanded to also produce special materials and components for electrical systems and communication equipment, and was ranked between the 50th and 60th largest companies in South Korea by assets. The company is a major producer of synthetic diamonds.[1]

Notable projects

The ILJIN Group, together with LG Cable, was the local partner of French company Cegelec[2] in the supply and technology transfer of the catenary for the Korea Train Express.[3]

External links

References

  1. 1 2 "Proud developers of local technology". JoongAng Daily. 2010-08-09. Retrieved 2010-10-10.
  2. "SNCF International in South Korea" (PDF). SNCF. May 2008. Retrieved 2010-08-27.
  3. D. Suh, Sunduck (2000). "RISK MANAGEMENT IN A LARGE-SCALE NEW RAILWAY TRANSPORT SYSTEM PROJECT ─ Evaluation of Korean High Speed Railway Experience ─" (PDF). IATSS Research (IATSS) 24 (2). Retrieved 2010-08-30.
This article is issued from Wikipedia - version of the Wednesday, September 03, 2014. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.