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  5. 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%