Hyundai Kefico Corporation

Company Profile

■URL

http://www.hyundai-kefico.com/en/main/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 billions)

Customer FY ended Dec. 2020 FY ended Dec. 2019 FY ended Dec. 2018
Hyundai Motor Company 431.1 24% 499.7 25% 452.1 25%
Kia Motors Corp 254.5 14% 261.1 13% 213.5 12%
Hyundai Glovis 284.9 16% 318.4 16% 328.5 18%
Other Same-Group Companies 198.7 11% 256.6 13% 323.2 18%
KEFICO Automotive Systems (Beijing) Co., Ltd. 324.4 35% 653.0 33% 522.3 27%
Total 1,793.6 100% 1,988.8 100% 1,839.7 100%

Shareholders

(As of December 31, 2020)

Major Shareholder Interest Ratio (%)
Hyundai Motor Company 100.00

Products

Powertrain

Control Units
-Powertrain Management System
-Eco-friendly Vehicle Management System
-Other Electronic Management System

Sensors
-Manifold Absolute Pressure Sensor
-Oxygen Sensor
-Air Flow Sensor
-Throttle Position Sensor
-Crankshaft Position Sensor
-Camshaft Position Sensor
-Fuel Tank Pressure Sensor
-Oil Pressure Sensor
-Inhibitor Switch
-Speed Sensor
-Differential Pressure Sensor
-CVVL Position Sensor
-High Pressure Sensor

Actuators
-Injector
-LPI Injector
-GDI Injector
-GDI Pump
-Idle Speed Control Actuator
-VCM Motor
-Integratred VIS Actuator
-Purge Control Solenoid Valve
-On-off Solenoid Valve
-Variable Force Solenoid Valve (Direct control)
-Variable Force Solenoid Valve (Indirect control)
-Electronic Trottle Control Valve

Modules
-Intake Manifold Module
-Delivery Pipe Module
-Electronic Module

 

Eco-friendly Vehicle Management System

Hybrid Vehicle Management System
-Hybrid Control Unit
-Gate Drive
-Battery Management System for Hybrid

Fuel Cell Vehicle Management System
-Fuel Cell Control Unit
-Stack Voltage Monito
-Hydrogen Storage system Control Unit
-Conductivity Sensor
-Air Cut-off Valve
-Air Pressure Control Valve

Electric Vehicle Management System
-Electric vehicle Power Control Unit
-Battery Management System for EV

 

Other Electronic Management System

Control Units
-Electronic Control Unit for Sunroof

Sensor
-Vacuum Sensor
-Pressure Sensor for 4 Wheel Drive Coupling

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, 2020)

Name of group company

 

Company in which the company holds shares

Hyundai
Motor
Kia
Motors
Hyundai
Mobis
Hyundai
Transys
Hyundai
WIA
Hyundai Motor - 33.88% - 41.13 25.35
Kia Motors - - 17.28 40.43 13.44
Hyundai Mobis 21.43% - - 15.74 -
Hyundai WIA - - - - 1.88

>>>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

Note: A figure in brackets ( ) indicates a loss