THN Corporation Business Report FY ended Dec. 2018
Breakdown of Market-share in the Wire Harness Market in Korea
(The breakdowns are based on the Company' s projection, %)
| Company | FY ended Dec. 2018 | FY ended Dec. 2017 | FY ended Dec. 2016 |
| The Company | - | 12.0 | 11.3 |
| Kyungshin Corporation | - | 44.5 | 46.8 |
| Yura Corporation (Formerly called Sewon ECS) |
- | 43.5 | 41.8 |
*The above three companies provide wire harnesses to Hyundai Motor Corporation as Tier 1 suppliers.
R&D Expenditure |
(in millions of won) |
| FY ended Dec. 31, 2018 |
FY ended Dec. 31, 2017 |
FY ended Dec. 31, 2016 |
|
| Amount | 9,752 | 8,967 | 7,570 |
| % of sales | 2.6 | 2.8 | 2.6 |
Capacity Utilization Rate (Domestic)
| FY ended Dec. 31, 2018 | |
| Capacity utilization rate | 95.5% |