Hyundai Dymos, Inc. Business Report FY ended Dec. 2017

Highlights in Recent Years

Financial Overview (Consolidated)

(in millions of won)
FY ended Dec. 31, 2017 FY ended Dec. 31, 2016 Rate of
change (%)
Sales 4,006,243 4,339,633 (7.7)


Operating income 121,046 198,793 (39.1) -
Net income 63,095 133,671 (47.2) -

Business plan

-The Company announced that it produced its 1 millionth dual clutch transmission (DCT) on January 19, 2017. The company has been manufacturing 7-speed DCT at its Seosan Plant in Korea since August 2014. These DCTs are used on models including the Tucson, Sonata, and Ioniq from Hyundai Motor, as well as the Sportage, K5, and Niro from Kia Motors. Hyundai Dymos plans to increase its annual DCT capacity to 1.38 million units by 2020 through strengthening its global production capacity. (From a press release on January 20, 2017)

Business Partnership

-Dayou A-Tech Co., Ltd. has signed a contract to supply seat assemblies to the Company. The seat assemblies will be used in the next generation of the Soul subcompact car built by Kia Motors. Dayou A-Tech is a seat supplier based in Gwangju City, Korea. (From a press release on February 21, 2017)

Recent Development Outside Korea

-In October 2016, the Company began producing seats at its new plant in Cangzhou, Hebei Province, China. The plant will supply 220,000 sets of seats per year for the successor to the Hyundai Verna. It will also supply seats for 80,000 Tucson vehicles per year, starting in 2017. (From a press release on October 26, 2016)

R&D Structure

Facility Location Overview
Dongtan Seat R&D Center Hwaseong,
This facility was completed in March 2007.
Hwaseong Powertrain R&D Center Hwaseong,
This facility was established by three companies of the Hyundai Motor Group; Hyundai WIA, Hyundai Powertech, and the Company. It was completed in January 2007.
Dymos of America Farmington Hills,
This facility conducts R&D activities on automotive seats

R&D Expenses (Consolidated)

(in millions of won)
FY ended Dec. 31, 2017 FY ended Dec. 31, 2016 FY ended Dec. 31, 2015
Amount 83,400 73,600 76,700
% of Sales 2.08% 1.70 2.40%

R&D Achievements

Product Recent developments
Transmission -DCT for for passenger vehicles and AMT for hybrid buses
-MT for small-, medium- and heavy- buses and trucks
Axle -Axles for passenger vehicles
Kia / K9
Hyundai / Genesis EQ900

-Axles for SUVs
Kia / Sorento
Hyundai / Tucson
Hyundai / Santa Fe

-Axles for commercial vehicles
Hyundai / Starex
Hyundai / Porter

-Axles for small-, medium- and heavy- buses and trucks
-Axles for the Ssangyong and export models.
4WD Electronically controlled transfer case for SUVs

-Seats for passenger vehicles (production models)

Hyundai / Sonata
Hyundai / Genesis EQ900
Hyundai / Grandeur
Kia / K9

-Seats for passenger vehicles (new development models)
Successor model to the Kia / K9