This action was opposed by the Korean Fair Trade Commission because it would have meant a monopoly of production in Korea for Samick.

As early as 1995, the company began to fall into debt, which ultimately led to the purchase of about half of the shares by Samick in 2004. However, the patents introduced by Pramberger are reserved for Young Chang. These were instruments of the highest quality, but produced only for a few years (Pramberger died in 2003, which resulted in the sale of the brand to the Samick factory). This is how the Pramberger Platinum lineup of pianos was created, presented in the first years of the 21st century. He was previously associated for many years with the American Steinway & Sons manufacture, and thus had the experience and skills that changed Young Chang pianos. He influenced numerous innovations in the construction of Young Chang pianos. Another huge factory was opened in China, due to the cheaper than Korean production capacity.Īn extremely important person who started working with Young in 1995 was Joseph Pramberger. At the same time, the development of the company resulted in a new branch in Washington, D.C., which was responsible for the acquisition and processing of spruce and maple wood, which was later transferred to the production of instruments in Asia. Young Chang was expanded by the Kurzweil brand, a producer of digital pianos, among others. That's when Young Chang was among the top five leaders of the world's piano industry. The Young Chang brand has been awarded many times in Europe and Japan not only for its carpentry techniques, but also for the quality of its instruments. At the beginning of the 1990s, the Young Chang branch became part of Europe.

A year later an American branch was established in Los Angeles, two years later also in Canada. An important event was the construction of a full-size concert piano (275 cm) in 1983 - the first Korean instrument of this size. In the 1970s, thousands of pianos were exported to Japan. Young Chang has also produced large scale woodworking machines. After a few years, in 1964, Young Chang pianos were produced in two factories in South Korea and China.Ī few years later, carpentry technology started being appreciated in Europe - the company won a gold medal at the Worldskills in Switzerland and then a silver medal in Munich. The history of this Korean brand dates back to 1956, when the company was founded by the Kims brothers to distribute Yamaha upright and grand pianos in Asia.

How much is a young chang upright piano