SEOUL -- A fight to control Korea Zinc is intensifying as the two families that founded it -- one supported by an Asian private equity firm -- are split over what direction to take the key supplier to the semiconductor and carmaking industries.
Korea Zinc traces its roots back to another metals producer, Young Poong, founded in 1949 by two friends, Chang Byung-hee and Choi Ki-ho, according to the latter company's website. The Choi family has controlled Korea Zinc since its founding in 1974, while the Chang family has managed Young Poong.
