home > company > history Since its founding in 1957, Hyosung has grown into a sound Korean conglomerate with approximately 7,000 employees and annual sales over 4.50 trillion won. Currently 20 Performance Units compose 7 Performance Groups: Textile and Fiber PG, Chemical PG, Industrial PG, Information and Communication PG, and Trading Business PG. With its base firmly anchored in textile and fiber business, Hyosung ventured out into the areas of manufacturing, heavy industry, construction, and trading in the 1960s and the 1970s. Since the 1980s, the Company concentrated on the diversification of businesses, resulting in an astonishing growth in the petrochemical and information & communication field, and has since evolved into a more efficient and sophisticated corporation. A considerable part of Hyosung's products are intermediary industrial materials needed to manufacture finished goods. Therefore, from the very beginning, the Company has built a close working relationship with our suppliers and customers under the entrepreneurial spirit of pursuing co-prosperity based on sincerity and mutual trust. Capitalizing on the overseas network spanning North America, Europe, Southeast Asia, and the Middle East, Hyosung now trades with over 150 countries. The hard-working employees of Hyosung can be found in every corner of the world, always "close and personal" with our customers.