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| Young Chang was founded in 1956 as a ] of ] pianos for Korea and other parts of Asia.<ref name=":0">{{Cite report|url=https://www.usitc.gov/publications/docs/pubs/332/pub3196.pdf|title=Pianos: Economic and Competitive Conditions Affecting the U.S. Industry (Publication 3196)|last=Lundy|first=David|last2=Dominque|first2=David|date=May 1999|publisher=U.S. International Trade Commission|issue=|doi=|volume=|pmid=|id=Investigation No. 332-401|last3=Pogany|first3=Peter|last4=Sastrum|first4=Carl|last5=Watkins|first5=Ralph|access-date=21 July 2018|format=PDF}}</ref>{{Rp|E–8}} The company was founded by three brothers, Jai-Young Kim, Jai-Chang Kim and Jai-Sup Kim, as South Korea emerged as a major economy and producer of high quality goods. The first Young Chang factory was built in Seoul in 1964.<ref>{{cite book|editor-first=Robert |editor-last=Palmieri |title=Piano: An Encyclopedia|date=2003|publisher=Routledge|location=New York |isbn=0-415-93796-5|page=442|edition=2.}}</ref> | |||
| During the late 1980s and early 1990s, Young Chang manufactured ] ] and ] for ], and also manufactured acoustic, acoustic/electric, electric guitars and basses under their own "Fenix" brand.<ref>Blue Book Of Electric Guitars 9th Edition Zachary Fjestad, Edited by S.P. Fjestad {{ISBN|1-886768-57-9}}</ref> However, because of the similarities to thted {{US$|32 million}} to establish a subsidiary in ], ''Young Chang (America) Timber'', to cut and process North American ] and ] for export to its Asian manufacturing sites.<ref name=":0" />{{Rp|3–5}}{{Rp|6–11}}{{Rp|E–8}} | |||
| In 1995, Young Chang opened a new {{US$|40 million}} factory in Tianjin.<ref name=":0" />{{Rp|2–11}}{{Rp|5–5}} The Chinese facility allowed Young Chang to start serving the low-end markets, part of a long-term strategy involving shifting production from Korea to China.<ref name=":0" />{{Rp|4–12}} The quality of pianos produced by this new plant was initially high, but dropped sharply after technicians who had helped set up the production returned to Korea, which had a significant impact on their ability to complete sales.<ref name=":0" />{{Rp|4–15}}{{Rp|6–12}} | |||
| ], a former vice president from Steinway & Sons (head of manufacturing) and an experienced piano designer, joined the company in 1995. Pramberger brought many innovations to piano design, including the "Platinum Touch Action" and the patented asymmetrically tapered soundboard. The ''Pramberger Platinum'' series, introduced in 2001, was Young Chang's top-of-the-line for three years. These models incorporated some German materials including Renner action parts. Joseph Pramberger died in 2003, and the following year, his estate sold the Pramberger name to ], but his patents and innovations are still exclusive to Young Chang. | |||
| The year following the opening of the Tianjin, China factory, in October 1996, Young Chang entered into ], emerging in August 1998.<ref name=":0" />{{Rp|5–12}} Young Chang has more than 2,000 full-time workers, designing and building its upright and grand pianos, and also the electronic Kurzweil Music Systems. ] acquired Young Chang in 2006. | |||
| == See also == | |||
| *] | |||
| *] | |||
| ==References== | ==References== | ||
Revision as of 12:50, 7 September 2019
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