Delphi Korea (Korea Delphi Automotive Systems Corporation) Business Report up until FY ended Dec. 2013

Business Highlights

Highlights in Recent Years

Financial Overview (Consolidated)

(in millions of won)
FY ended Dec. 31, 2013 FY ended Dec. 31, 2012 Rate of change (%)
Sales 1,249,367 1,230,344 1.5
Operating income 30,368 23,291 30.4
Net income 29,713 28,513 4.2


-The Company will supply condensers to Suzuki Motor's new plant in Thailand. They will be supplied to a new eco car based on the Swift, which is scheduled to go into production in 2012. Delphi will manufacture and supply the condensers through its Thai subsidiary, KDAC (Thailand) Co., Ltd. In addition, Korea Delphi is also supplying its condensers to the Swift being produced in Japan. (From a press release on May 13, 2010)

-The Company won a supply award to provide alternators for the Epsiron ll built by GM. Under this contract, the Company will deliver a total of 271,000 alternators to GMs global operations: it will supply 125,000 units to GM North America, 42,000 units to GM Europe, and 38,000 units to GM Daewoo Auto & Technology Company. The Company expects to generate additional 12.6 billion won in the first year sales from this business. (From a press release by the company on May 12, 2006)

-The Company has been awarded a contract from General Motors to supply parking brakes for GM's new K2XX platform designed for GM North America. The K2XX, which is the successor to the GMT900, is a new platform that will be used from 2013 for full-size pick-up trucks and SUVs for sale in the North American market. Delphi will supply 780,000 parking brakes per year. Korea Delphi predicts that this agreement will generate approximately 170 billion won in five years. (From a press release on Apr. 26, 2010)

Renault Samsung
-The Company won a new contract to supply power brakes for the SM5 and SM7 built by Renault-Samsung Motors. The Company said that it was selected as an optimal supplier for its advanced technology and high levels of cost efficiencies achieved in Korea. Up until now, Renault-Samsung Motors has been supplying power brakes for these models from Hitachi. (From a press release by the company on May 29, 2006)

The Company was awarded a new business to supply rear axles for the Rodius built by SsangYong Motor Company. The Company says this contract is expected to bring in additional 2.3 billion won annually to the company. (From a press release on Aug. 8, 2006)

Business Partnership

-The Company and Katcon of Mexico signed a memorandum of understanding to form a strategic alliance in the automotive exhaust business. Based on this collaboration, the two companies intend to share their technologies, production facilities, and human resources relating to vehicle exhaust systems. Having acquired Delphi USA's exhaust system division in 2009, Katcon conducts production and development operations on a global basis. It has research centers in both Europe and North America, and eight production facilities across the globe. (From a press release on Mar. 22, 2010)

New Subsidiary

-In September 2007, the Company established Changshu KDAC Co., Ltd. in order to manufacture alternators in Changshu City. In addition to supplying its products to Korean automakers, this subsidiary eyes business with Japanese automakers.


-The Company has received SsangYong Motor's Excellent Supplier Award for 2012. This is the fourth time for the company to be chosen by the automaker, following its achievements in 2004, 2005 and 2008. Four other suppliers also earned the award for 2012. (From a press release, April 2, 2013)

-The climate control division of the Company has received General Motors' Supplier of the Year 2013. The award recognizes Korea Delphi’s advanced technology and high-quality products it developed for and supplies to the automaker. The Division has won this award for two consecutive years. (From a press release on February 4, 2014)
sss-In October 2013, the Company said it received 2013 GM Supplier Quality Excellence Award for its compressors at an award ceremony held in Korea. The award recognizes suppliers that achieved zero defects over the past year. Delphi Korea supplied 1.05 million compressors to General Motors during 2012. (From a press release on October 18, 2013)

-The Company won a 2011 Business Partner Award from GM India. The Company is currently supplying compressors, HVAC modules, CRFMs (Condensers, Radiators, Fan Modules) and other products to GM India. (From a May 21, 2012 press release)

-The Company won the Toyota Quality Award in 2010 from Toyota Motor Engineering & Manufacturing North America, Inc. The award was given in recognition that its SP-15 compressor achieved a level of zero ppm in 2010. Korea Delphi started mass production of the SP-15 in June 2004. Up until April 2011, the company has supplied approximately 1,100,000 units of the SP-15 compressors to the Toyota Tacoma pickup trucks. (From a press release on June 22, 2011)


R&D Structure

-In May 2013, the Company established a new mechanical testing room at its electric equipment factory. The new laboratory has a real mode simulator to test the performances of half shafts. It is also equipped with an evaluation facility for electric power steering systems. (From a press release on June 14, 2013) 

-The Company announced that it has completed an extension project at its Daegu technology. Up until now it has carried out testing of electrical components and compressors at respective production plants. The expansion was intended to consolidate these functions so as to improve the company's testing capacity and efficiency. The extended facility also has an anechoic room, which enables the company to measure vehicle noise inside the building, instead of carrying out noise rating in the open air. The company says it plans to integrate into this facility various testing technologies that are required to meet GM's worldwide specs. (From a press release on Mar. 14, 2007)

-In May 1998, the Company established a technical center in Daegu.

Technological Alliance

-The Company and Daegu Gyeongbuk Institute of Science and Technology (DGIST) signed a memorandum of understanding on business collaboration. In accordance with the agreement, the supplier and the technical institute will cooperate in turning DGIST's new technology into a practical business solution and in conducting patent analysis in the area of braking technology. Plans also include opening Korea Delphi's advanced research center on the premises of DGIST's research center that will allow them to share technical information and equipment easily. Currently, the two organizations are carrying out joint research on electric parking brakes, electromechanical brakes, and electric power steering systems with a disturbance rejection controller. (From a press release on October 15, 2013)

-The Company and the Electronics and Telecommunications Research Institute (ETRI) have signed an agreement to collaborate on the development of intelligent vehicle systems based on information and communication technology (ICT). Their immediate plans include joint development of smart sensor technologies and Advanced Driver Assistance Systems (ADASs). They also intend to establish a joint research center and commercialize various new technologies developed by ETRI. (From a press release July 9, 2013)

Agreement on Technology Introduction

Partner Product
Delphi 58mm evaporators, MT-34 ECM, etc.
NTN (Japan) FTJ (low vibration constant velocity joint) axles
Hitachi (Japan) P32M front caliber brakes