DI Corporation

South Korean computer chip maker From Wikipedia, the free encyclopedia

DI Corporation is a South Korean company involved in the manufacture and supply of semiconductors test equipment and computer chips. DI stands for Dongil.[2]

Company typePublic
KRX: 003160
IndustrySemiconductors
FoundedJune 10, 1955[1]
Quick facts Company type, Traded as ...
DI Corp
Company typePublic
KRX: 003160
IndustrySemiconductors
FoundedJune 10, 1955[1]
Headquarters
Gangnam District, Seoul
,
South Korea
Key people
Park Won-ho
(Executive Chairman)
ProductsMémoriaux & Logic Burn-In Tester, Wafer Test Board
Number of employees
107
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Ownership

Its executive chairman is Park Won-ho, father of the K-Pop artist PSY, who released the song "Gangnam Style" in July 2012.

PSY, together with his father, uncle and grandmother own a combined 30 percent of the company.[3] The company's headquarters are located in Gangnam District, Seoul.

History

The company was established on June 10, 1955.[1]

It was listed on the Korea Stock Exchange in 1996.[1]

In 2003, it expanded and began operations overseas with the establishment of DI Japan Corp.[1]

Meteoric rise of share prices

According to Reuters, the company's market capitalization doubled in value after the release of "Gangnam Style", surging to 113.5 billion won ($101.29 million) in late September, 2012.[4]

In October 2012, Bloomberg L.P. reported that the "father-son connection" to the "Gangnam Style" music video has triggered an almost 500 percent rally in shares of DI Corporation.[5] The Economist compared its remarkable surge in share prices with stock market bubbles such as the 17th century Tulip mania.[6]

By the end of 2012, shares of DI corporation have surged eightfold since the release of the song.[3]

See also

External links

References

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