Hyundai Kefico Corporation Business Report FY ended Dec. 2015
Financial Overview (Consolidated) |
(in millions of won) |
| FY ended Dec. 31, 2015 | FY ended Dec. 31, 2014 | Rate of change (%) |
|
| Sales | 1,805,984 | 1,741,519 | 3.7% |
| Operating income | 145,742 | 103,924 | 40.2% |
| Net income | 24,298 | 81,571 | (70.2%) |
R&D Structure
| Year established |
Facility |
| 1992 | KETI (KEFICO Engineering Technology Institute) |
| 1996 | Application Center |
| 2005 | Reliability Center |
| 2010 | R&D Center (Electronic control system) |
Recent Developments
FY ended Dec. 31, 2015
-The Company developed and began mass-producing standard-type engine control units, high-pressure fuel injection systems, high-pressure pumps, high-pressure sensors, and automatic transmission control units.
Technical alliances
-The Company licenses in manufacturing technology from Mitsubishi Electric Corporation (Japan), Nidec Tosok Corporation (Japan), and Robert Bosch GmbH (Germany).