홈 About Taekwang History
Origin and Development

Origin and Development

  • 1997
    ~
    Present    Group Takes Powerful Flight

    Advancing into broadcasting & telecommunications and creating a total financial system

    • 2016SEONHWA Art and Culture Foundation was renamed as
      Sehwa Art and Culture Foundation
      Ilju Educational Foundation was renamed as
      IljuSehwa Educational Foundation
    • 2014Commercialized UHD broadcasting and
      built UHD Production Center
    • 2013Ceremony for proclaiming CSR project of "Warm Light"
      Released the world’s first HTML-based Smart STB
    • 2012Advanced into MVNO business
      Whistling Rock CC opened
      Taekwang Industrial began Korea's first commercial production of carbon fiber
      Heungkuk Investment & Mutual Fund Management was renamed as Heungkuk Asset Management
    • 2011Group launched DRAMA cube (a drama-dedicated channel), CHAMP channel has been affiliated (for animation)
    • 2010Tcast launched cineF, a women's movie channel
      Group opened Ilju & Seonhwa Gallery
    • 2009Pink Spiders achieved 3 straight wins in V-League Group Acquired Qrix 7 Sos and started operating Cinecube as an art cinema by Tcast
      Group launched SEONHWA Art and Culture Foundation
    • 2008 Disclosed CI for Heungkuk Finance Group
      Established MPP for Tcast (SCREEN, FashionN, CH view)
    • 2006 Disclosed CI for t-broad and commercialized digital broadcasting
      Acquired Heungkuk Fire & Marine Insurance, Heungkuk Securities, and Yegaram Mutual Savings Bank
    • 2003Acquired Hanbit Broadcasting and 8 SOs and became the nation’s largest MSO and Established Taekwang Synthetic Fiber (Changshu) Co., Ltd. in China
    • 2000Group advanced into PP business (by creating E channel)
      Built Heungkuk Life Insurance’s Shinmun-ro Office
    • 1997Group advanced into broadcasting business
      (by creating Anyang Broadcasting Company)

  • 1971
    ~
    1995    Group Unfolds Wings

    Completed business diversification and vertical lineup in textile and materials

    • 1995Lineup in textile and materials completed
      (Construction of Petrochemical Plants 1 & 2 & 3 established)
    • 1993Central research institute established
      (Daedeok Science Complex)
    • 1990Ilju Academy and Culture Foundation established and
      Heungkuk Life Insurance Women's Volleyball team created.
    • 1987Daehan Synthetic Fiber received Best Business Grand Prize (from Daishin Economic Research Institute)
    • 1979Taekwang Industrial began Korea's first production of Spandex
    • 1978Acquired Goryo Mutual Savings Bank acquired
    • 1977Ilju Educational Foundation established (with approval for creation of Sehwa Girls' Middle and High School)
    • 1975Production of polyester
      (by acquiring Daehan Synthetic Fiber) began
      Head office moved to Seoul
      IPO for Taekwang Industrial
    • 1973Group advanced into finance business (by acquiring Heungkuk Life Insurance) and received a presidential citation on the 10th Trade Commenoration Day
    • 1971Dongyang Synthetic Fiber acquired and created Taekwang Industry Women's Volleyball team by the Group

  • 1950
    ~
    1969    Group Builds Its Foundation

    Business creation, incorporation and settlement

    • 1969Donglae Factory completed the integration of production system (synthetic fiber, yarn, woolen spinning)
    • 1968Taekwang Industrial Co., Ltd., registered as a trademark
    • 1967Ulsan Plant began acrylic fiber production
    • 1963Established system for direct yarn & woolen spinning at Gaya Plant
    • 1961Taekwang Industrial Co., Ltd. was established
    • 1954Taekwang Industrial Company was established
    • 1950Taekwang Industrial was launched
      (equity investment by Dongyang Industry)