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]
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.
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]
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]