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- Kyung Chang Industrial Co., Ltd.
- Kyung Chang Industrial Co., Ltd. Business Report FY ended Dec. 2017
Kyung Chang Industrial Co., Ltd. Business Report FY ended Dec. 2017
Market Share
-The Company supplies some 50 percent of cables used in Hyundai Motor's passenger vehicles, small- and medium-size buses, and trucks that are less than 3 tons. The remaining 50 percent is being provided by INFAC Corporation.
-The Company is the exclusive supplier of reservoir tanks to Hyundai Motor, Hyundai Mobis, Ssangyong Motor, and GM Korea.
Product Orders
|
(In KRW 100 million) |
| Customer |
Product |
Order Date |
Delivery Period |
Value of Order |
| Volkswagen |
Hybrid DCT transmission parts |
Jul. 2016 |
Aug. 2018～Dec. 2025 |
1,959 |
| BorgWarner |
DCT transmission parts
|
Jul. 2017 |
Jan. 2018～Dec. 2025 |
685 |
| Hyundai Dymos |
Improved 7-speed DCT gear actuator |
Jun. 2017 |
Feb. 2019～Dec. 2023 |
1,927 |
R&D Expenditure
|
(in millions of won) |
|
FY ended Dec. 31, 2017 |
FY ended Dec. 31, 2016 |
FY ended Dec. 31, 2015 |
| Amount |
177,661 |
167,072 |
149,005 |
| % of sales |
2.6% |
2.5% |
2.3% |
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