DI Corporation
 | This article needs to be updated. (April 2024) |
| Company type | Public |
|---|---|
| KRX: 003160 | |
| Industry | Semiconductors |
| Founded | June 10, 1955[1] |
| Headquarters | , South Korea |
Key people | Park Won-ho (Executive Chairman) |
| Products | Mémoriaux & Logic Burn-In Tester, Wafer Test Board |
Number of employees | 107 |
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]
Ownership
[edit]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
[edit]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
[edit]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
[edit]External links
[edit]- Official website of DI Corporation
References
[edit]- ^ a b c d "KSIA Korea Semiconductor Industry Association". Korea Semiconductor Industry Association. Archived from the original on 18 February 2013. Retrieved 19 December 2012.
- ^ "What does DI stand for?". Archived from the original on 2013-04-19. Retrieved 2013-05-06.
- ^ a b "PSY's riches from 'Gangnam Style' not made at home". Associated Press. Archived from the original on 13 January 2013. Retrieved 6 December 2012.
- ^ ""Gangnam Style" hit doubles value of Psy's father's stock". Reuters. 25 September 2012. Retrieved 18 October 2012.
- ^ "'Gangnam Style' Link Spurs DI Surge: Chart of the Day". Bloomberg. Retrieved 18 October 2012.
- ^ "Investing "Gangnam Style"". The Economist. 2 October 2012. Retrieved 18 October 2012.