This arrangement reduced high import duties. Yamaha shipped partially completed pianos from Japan to the Young Chang factory in Incheon, South Korea, where Young Chang would perform final assembly work such as cabinet assembly, stringing, and action installation. In 1964 Yamaha and Young Chang entered into an agreement in which Yamaha helped Young Chang set up a full-fledged manufacturing operation. In 1962 the brothers incorporated as Young Chang Akki Co., Ltd. But the prospects were bright for economic development, and as a symbol of cultural refinement the piano was much coveted. Korea was recovering from a devastating war, and only the wealthy could afford pianos. In 1956, three brothers - Jai-Young, Jai-Chang, and Jai-Sup Kim - founded Young Chang and began selling Yamaha pianos in Korea under an agreement with that Japanese firm. Pianos made by: Young Chang Co., Ltd., Incheon, South Korea and Tianjin, China
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