Hyundai heavy industries. It was established in 1972, world’s number one shipbuilder and leads the shipbuilding industry with a 15% share of the market. The number of employees of the company is over 25,000. Its capital is about 15,451 billion won. Its head office is at Ulsan. It has a shipyard in Goon-san Its main business sector is shipbuilding like LNG/LPG ships, Containers, and special ship
What is the shipbuilding industry?
Shipbuilding is the construction of ships
and floating vessels.
It normally takes place in a specialized facility
known as a shipyard.
What is the shipbuilding industry?
South Korea is the world's largest shipbuilding nation with a global market share of 53.2% in 2011.
South Korea is the global leader in the production of advanced high-tech
STX Shipbuilding
Vision
Be the global top shipbuilding company
Mission
Contribute to innovate and create the ocean value
Strategy
1. Secure global competitiveness
2. Increase customer value
3. Manage building system
4. Build sustainable management
infrastructure
Core Value
1. Customer-centered philosophy
2. Speed
3. Technology
4. Win-win management
(중략)
Engineer-to-ord
1.Hyundai Heavy Industries
2.Samsung Heavy Industries
3.Daewoo Shipbuilding & Marine engineering
4.Hyundai Mipo Dockyard
5.STX Shipbuilding
6. Hyundai Samho Heavy Industries
7.대한선박
8.강남조선
9.성동조선
10.상해외고어쩌구조선
Supplier
Steel plate as a main material
High dependency on import
Steel plate 30% increase→
OP income 3~7% decrease
economic and military aid to South Korea and the Philippines.
Korea used these US economic aid for restoring ruined their country and constructing strong nation. (Industrialization)
In the Philippines case, US economic aid was relatively lower than South Korea. However, they already had a tied trade relationship with US government and cooperation, so they could growth their economy.