Hyundai Corporation is a South Korean company founded in 1976 as part of the Hyundai chaebol. It is a general trading company providing export and import services with a wide variety of products including marine vessels, industrial plants and machinery, commercial automobiles and rolling stock, steel, chemical products, and general commodities. Hyundai Corporation owns Qingdao Hyundai Shipbuilding in China. It also owns in partnership with POSCO Pos-Hyundai Steel at Irungattukottai near Chennai, India. It has 32 worldwide offices. In December 2009, Hyundai Heavy Industries purchased a 50% plus-one-share majority stake in Hyundai Corporation, and installed new management on January 1, 2010. Hyundai Corporation recorded sales of ₩41,000,000,000,000 in 2001. It was the highest sales in Korea as a company. Hyundai Corporation was awarded US$25,000,000,000 Export-Tower Award, due to its export was $25,280,000,000. During the same period, those the company behind Hyundai Corporation such as Samsung, LG, SK, Daewoo recorded its export respectively $22,500,000,000, $12,300,000,000, $5,800,000,000, $5,800,000,000. Wikipedia