Hyundai Kefico Corporation

Company Profile

■URL

https://www.hyundai-kefico.com/ko/main/index.do

■Address

102, Gosan-Ro, Gunpo-Si, Gyeonggi-Do, Korea

Business Overview

-The Company is a manufacturer of engine control units and transmission control units in the Hyundai Motor Group.

-The Company was founded as a joint venture among Hyundai Motor, Robert Bosch and Mitsubishi Electric in 1987. In 2012, the Company became a wholly-owned subsidiary of Hyundai Motor Group and changed its corporate name to Hyundai Kefico Corporation.

-Percentage breakdown of sales by customer.

(In KRW thousand millions)

Customers FY ended Dec. 2021
FY ended Dec. 2020
FY ended Dec. 2019
Net sales Ratio(%) Net sales 比率(%) Net sales 比率(%)
Hyundai Motor Company 4,847 25 4,311 24 4,997 25
Kia Motors Corp 2,851 14 2,545 14 2,611 13
Hyundai Glovis 3,686 19 2,849 16 3,184 16
KEFICO Automotive Systems (Beijing) Co., Ltd. 1,527 8 1,987 11 2,566 13
Other group companies 6,756 34 6,244 35 6,530 33
Total 19,667 100 1,793.6 100 19,888 100

Shareholders

(As of December 31, 2021)

Major Shareholder Interest Ratio (%)
Hyundai Motor Company 100.00

Products

FCEV
Hydrogen supply system module
-Hydrogen storage system management controller
-Hydrogen supply system assembly
-Hydrogen supply / shutoff valve
-Hydrogen pressure sensor
-Hydrogen gas sensor
-Drain valve

Air Supply
-Air shutoff valve
-Operating pressure control valve
-Fuel cell air compressor

Controller
-Fuel cell controller
-Fuel cell battery management controller
-Fuel cell stack voltage monitor
-Motor controller

EV/HEV
EV
-EV controller
-Electric power controller
-EV battery management controller
-SBW controller
-SBW actuator

HEV
-Hybrid controller
-HEV power controller
-HEV battery management controller

Internal combustion engine
GDI
-GDI engine controller
-High pressure injector
-High pressure sensor
-High pressure pump
-Fuel rail
-Purge control solenoid valve

MPI
-MPI engine controller
-Low pressure fuel injector (MPI)
-Low pressure fuel injector (LPI)
-Purge control solenoid valve
-Intake pressure sensor
-Air flow sensor
-Oxygen sensor
-Differential pressure sensor
-Electronic throttle valve
-Intake manifold module
-Cam position sensor
-Crank position sensor
-Continuously variable valve duration actuator
-Engine oil pressure sensor

PDI
-High pressure fuel injector
-Low pressure fuel injector (MPI)
-Low pressure fuel injector (LPI)
-High pressure pump
-High pressure sensor
-Fuel rail (GDI)
-Purge control solenoid valve
-Intake pressure sensor
-Air flow sensor
-Oxygen sensor
-Differential pressure sensor
-Electronic throttle valve
-Dual purge ejector
-Intake manifold module

Diesel
-Diesel engine controller
-Diesel fuel injector
-Diesel pump
-Common rail
-Intake pressure sensor
-Air flow sensor
-Oxygen sensor
-Differential pressure sensor
-Low-pressure exhaust gas recirculation (LP-EGR) valve
-Intake manifold module
-Cam position sensor
-Crank position sensor
-Continuously variable valve duration actuator
-Engine oil pressure sensor

Automatic transmission
-Gearbox controller
-SBW controller
-Speed sensor
-Inhibitor switch
-SBW actuator
-Solenoid valve
-E-module

History

1987 The Company was founded as a joint venture among Hyundai Motor, Robert Bosch and Mitsubishi Electric.
1987 The Company began commercial production of engine control units.
1989 The Company began commercial production of fuel injectors, air flow sensors and transmission control units.
1992 The Company established KETI (Kefico Engineering Technology Institute).
1993 The Company began commercial production of oxygen sensors.
1994 The Company began commercial production of auto cruise control systems.
1995 The Company began commercial production of idle speed actuators.
1996 The Company began commercial production of throttle position sensors and manifold absolute pressure (MAP) sensors.
1996 The Company acquired ISO9002 certification.
1996 The Company established the Application Engineering Center.
1997 The Company began commercial production of fuel tank pressure sensors and A/T solenoid valves.
1998 The Company began commercial production of powertrain control units.
1998 The Company acquired QS9000 and ISO9001 certification.
1999 The Company developed proprietary acceleration sensors.
2003 The Company acquired ISO14001 certification.
2004 The Company acquired ISO/TS16949 certification.
2005 The Company established the Reliability Center.
2005 Mitsubishi Electric sold all shares in the Company to Robert Bosch.
2006 The Company began commercial production of purge control solenoid valves.
2007 The Company was awarded five-star rating for quality from Hyundai/Kia.
2007 The Company produced its 100 millionth injector.
2007 The Company started commercial production of intake manifold modules for use in Theta2 engines.
2008 The Company received five-star ratings from both Hyundai Motor and Kia Motors in recognition of its high levels of technology and delivery performance.
2008 The Company began mass production of electronic throttle controls and 6-speed transmission control units.
2008 The Company established KEFICO Automotive Systems (Beijing) Co., Ltd. in China.
2009 The Company established KEFICO Vietnam Company Limited in Vietnam.
2010 The Company's Vietnam plant started mass production.
2010 The Company's Rizhao plant in Shandong Province started mass production.
2012 the Company became a wholly-owned subsidiary of Hyundai Motor Group.
2012 Changed its corporate name to Hyundai Kefico Corporation.
2015 The Company established KEFICO Automotive Systems (Chongqing) Co., Ltd. in China.
2016 The Company established HYUNDAI KEFICO MEXICO, S. DE R.L. DE C.V. in Mexico.

Supplemental Information 1

The Hyundai Group's ratio of shareholding in automotive companies (As of Dec. 31, 2021)

Name of group company

 

Company in which the company holds shares

Hyundai Motor Kia Motors Hyundai Mobis Hyundai Transys Hyundai WIA Hyundai 
Kefico
Hyundai Motor - 33.88% - 41.13% 25.35% 100.00%
Kia Motors - - 17.24% 40.43% 13.44% -
Hyundai Mobis 21.43% - - 15.74% - -
Hyundai WIA - - - 1.88% - -
Hyundai Steel - - 5.82% - - -
Hyundai Glovis - - 0.69% - - -

>>>Business Report up until FY ended Dec. 2013
>>>Business Report FY ended Dec. 2014
>>>Business Report FY ended Dec. 2015
>>>Business Report FY ended Dec. 2016
>>>Business Report FY ended Dec. 2017
>>>Business Report FY ended Dec. 2018
>>>Business Report FY ended Dec. 2019
>>>Business Report FY ended Dec. 2020

Note: A figure in brackets ( ) indicates a loss