South Korea Supplier Report - SAE International · CONTENTS South Korea – Automotive Industry Overview ..... 6 Overview of Macro Ec onomic Situation..... 6

South KoreaSupplier Report

SupplierBusiness

CONTENTS South Korea – Automotive Industry Overview .................................................................................... 6 Overview of Macro Economic Situation............................................................................................... 6 Planned Investment in Infrastructure Development Projects ............................................................ 7 National Automotive Policy & Plans .................................................................................................... 8

Excise Tax Structure Import Duty .................................................................................................... 9 Manufacturing Advantage ................................................................................................................... 11 Overview of Automotive Industry & Supply Chain ............................................................................ 13

Production in 2010 & Forecasts ........................................................................................................ 16 Export destinations .......................................................................................................................... 17

Structure of Automotive Industry ....................................................................................................... 19 Manufacturing Presence of OEMs & Production Bases .................................................................. 19 Location of Suppliers & Clusters ..................................................................................................... 20

Investments by OEMS ......................................................................................................................... 22 Investments by Vehicle Component Suppliers .................................................................................. 23 Who Supplies Whom .......................................................................................................................... 24 Opportunities & Future Outlook ........................................................................................................ 26

Supplier Profiles .................................................................................................................................. 28 ACS ................................................................................................................................................... 28 Atlas BX ............................................................................................................................................ 30 Austem ............................................................................................................................................. 32 Autoliv Korea ................................................................................................................................... 34 Celltrion DBI .................................................................................................................................... 36 Central Corporation ........................................................................................................................ 37 Continental Automotive Electronics .............................................................................................. 39 Dai-il Corporation ............................................................................................................................ 41 Daehan Solution .............................................................................................................................. 44 Daeki Corporation ........................................................................................................................... 46 Daesung Electric .............................................................................................................................. 48 Daewon Kang Up ............................................................................................................................. 50 DAS .................................................................................................................................................. 53 Dayou A-Tech .................................................................................................................................. 54 Denso PS .......................................................................................................................................... 56 Dongah Tire & Rubber .................................................................................................................... 58 Dongbo Industrial ........................................................................................................................... 60 Dongil Rubber Belt .......................................................................................................................... 62 Dongyang Mechatronics ................................................................................................................. 64 Doowon Climate Control ................................................................................................................ 67 Doowan Precision Industry ............................................................................................................. 69

The South Korea Supplier Report

© 2011 IHS Inc. 3

Duck II Industry ............................................................................................................................... 71 Duckyang Industry .......................................................................................................................... 73 Ecoplastic ......................................................................................................................................... 75 Frixa ................................................................................................................................................. 77 Halla Climate Control ..................................................................................................................... 79 Hanil E-Hwa .................................................................................................................................... 83 Hankook Tire ................................................................................................................................... 87 Heesung Catalysts ............................................................................................................................ 91 Hwashin ........................................................................................................................................... 93 Hyosung Corporation ...................................................................................................................... 96 Hyundai Dymos ............................................................................................................................... 99 Hyundai Mobis ............................................................................................................................... 102 Hyundai Powertech ........................................................................................................................ 107 Hyundai Wia ................................................................................................................................... 110 Iljin Global ....................................................................................................................................... 113 INFAC Corporation ......................................................................................................................... 115 Inzi Controls ................................................................................................................................... 118 KOMOS ............................................................................................................................................ 121 Korea Flange ................................................................................................................................... 123 Koryo Motors & Interior ................................................................................................................. 126 Kumho Tires ................................................................................................................................... 128 Kyung Chang Industrial .................................................................................................................. 131 Kyung Chang Wiper ....................................................................................................................... 133 Kyungshin Corporation .................................................................................................................. 135 LG Chem ......................................................................................................................................... 137 Mondo Corporation........................................................................................................................ 140 Nexen Tire ...................................................................................................................................... 145 Pyeong Hwa Automotive ............................................................................................................... 148 Robert Bosch Korea ......................................................................................................................... 151 S&T Daewoo ................................................................................................................................... 153 S&T Dynamics ................................................................................................................................ 156 Samsung SDI ................................................................................................................................... 159 Sangsin Brake.................................................................................................................................. 162 Sebang Global Battery .................................................................................................................... 164 Sejong Industrial.............................................................................................................................166 Sejung ..............................................................................................................................................169 Shinhan Valve Industrial ................................................................................................................. 171 SL Corporation ............................................................................................................................... 173 Sungwoo Automotive ..................................................................................................................... 177

The South Korea Supplier Report

© 2011 IHS Inc. 4

Sungwoo Hitech ............................................................................................................................. 179 THN Corporation ........................................................................................................................... 182 Unick Corporation.......................................................................................................................... 184 Wooshin Industrial ........................................................................................................................186 Yoosung Enterprise ........................................................................................................................188 Yura Corporation ............................................................................................................................190

LIST OF TABLES AND FIGURES Figure 1: Automotive Parts Imports (2010) .......................................................................................... 10 Figure 2: Automotive Parts Sales (2010) .............................................................................................. 15 Figure 3: South Korean Vehicle Production, Sales & Export .............................................................. 16 Figure 4: Automotive Parts Exports (2010).......................................................................................... 17 Figure 5: Market Share in the US Automotive Industry (2009) ......................................................... 18 Figure 6: Distribution of Auto Parts Manufacturers throughout the Industrial Complexes ............ 21

Table 1: Automotive Annual Excise Tax Schedule for Personal Use ................................................... 9 Table 2: Automotive Import Duties..................................................................................................... 11 Table 3: Economic Indicator Comparison with China & ASEAN Countries: ..................................... 12 Table 4: Shareholdings in Carmakers in South Korea ........................................................................ 13 Table 5: Size of Tier One Suppliers in South Korea: ........................................................................... 14 Table 6: Carmakers in South Korea and Number of Suppliers:......................................................... 20 Table 7: OEM Plants& Vehicle Production Capacity in South Korea ............................................... 20 Table 8: Planned New Car Models in South Korea ............................................................................ 23

The South Korea Supplier Report

© 2011 IHS Inc. 5