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Hyundai WIA Corporation (Formerly WIA Corporation)

Company Profile

■URL

http://en.hyundai-wia.com/main/main.asp

■Address

153 Jeongdong-ro, Seongsan-gu, Changwon, Gyeongnam, Korea

Business Overview

-An auto parts manufacturer in the Hyundai/Kia Automotive Group. It is the only Korean auto parts manufacturer that produces engines.

-The company's business is divided into the following two categories

Business Segment Products Sales % (2023)
Automotive parts Modules - Modules and module parts 34.2%
Modules parts - 4WD parts
- Constant velocity joints
- Engines		 56.0%
Mobility solutions
Machinery		 - Equipment to automate factory operations
- Machine tools		 7.2%
Special/Customized products - Protective equipment 2.6%

　

-In the fiscal year that ended in Dec. 2023, the automotive-parts business accounted for 90% of company-wide sales.

Shareholders

(As of Dec. 31, 2023)

Major Shareholders Interest Ratio (%)
Hyundai Motor Company 25.35
Kia Motors Corporation 13.44
National Pension Service 10.00
Total 48.79
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Products

Thermal management
-Integrated thermal management systems

　

Driveline system
AXLE
- FR Axle/ FRONT (FR Axle/ FRONT)
- FF Axle / REAR (FR Axle/ REAR)
- FF Axle

PTU (Power Transfer Unit)
-1-axis PTU
-2-axis PTU
- Offset PTU

ATC (Active Transfer Case)

e-LSD (Electronic Limited Slip Differential)

Coupling

Electrified Axle

　

Engines
Gasoline Engine
- Kappa Engine
- Gamma Engine
- Nu Engine
- Theta Engine

Diesel Engine
- 4D56 Engine
- J2/JT Engine
- U2 Engine

Turbocharger Engine

　

Module
Chassis Module
- Platform Module
- Front Chassis Module
- Rear Chassis Module

Axle Module
- Truck Front Module
- Truck Rear Module

Tire Module

　

CVJ：Constant Velocity Joints
Constant velocity joint

Outboard Joint
- RBJ (Rzeppa Ball Joint)
- LBJ (Lean-manufacturing Ball Joint)
- CBJ (Compact Ball Joint)
- CUJ (Compact Undercut-free Joint)
- HUJ (High Performance Undercut Joint)

Inboard Joint
- TJ & TJi (Tripod Joint)
- LTJ (Lean-manufacturing Tripod Joint)
- CTJ (Compact Tripod Joint)
- CWTJ (Compact Wrinkled Tripod Joint, Anti-Shudder)
- TSJ (Tri-Spherical Joint)
- HDJ (Tri-Spherical Joint)
- CGJ (Cross Groove Joint)
- HCG (High-Efficiency Cross Groove)

Shaft

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History

Mar. 1976 The Company was established.
Mar. 1979 The Company started manufacturing automotive transmission systems.
Oct. 1986 The Changwon Plant and Namsan Plant were completed.
Apr. 1988 A testing and prototyping facility was completed.
May. 1989 The Company established a U.S subsidiary.
Jan. 1990 The Ansan Plant and Banwol Plant were completed.
Apr. 1993 The Gwangju Plant was completed.
Dec. 1993 The Company manufactured its 1 millionth transmission system for commercial vehicles, recording the largest production volume among transmission manufacturers in Korea.
Jan. 2000 The Company adopted a new company name, WIA Corporation.
Jun. 2000 The Company manufactured its 3 millionth constant velocity joint.
Aug. 2000 The Company was spun off from the Hyundai Group.
Apr. 2001 The Company became a group company of the the Hyundai Motor Group.
Dec. 2001 The Company received QS9000 and ISO14001 certifications.
Mar. 2004 The Company increased its production capacity to make 1.5 million CV joints per year.
Jul. 2004 The Company launched commercial production of automotive chassis modules.
Dec. 2004 The Company increased production capacity to make 2 million CV joints per year.
Jan. 2005 The Company established Wia Automotive Parts Co.,Ltd. (Zhangjiagang) in Jiangsu Province, China.
Feb. 2005 The Company obtained ISO/TS16949 certification.
Jun. 2005 The Company and Fuji Univance Corporation formed a technical alliance in the area of electronic control transfers for front-engine, rear-drive-wheel vehicles.
Oct. 2005 The Company started producing manual transmissions for passenger vehicles.
Oct. 2005 The Company entered the automotive engine market.
Nov. 2006 The Company established WIA Automotive Engine (Shangdong) Co., Ltd. in Shangdong Province.
Jan. 2007 Jointly with Dymos and Hyundai Powertech, which are members of the Hyundai Motor Group, the Company established Hwaseong Drivetrain R&D Center in Hwaseong, Korea. 
Apr. 2007 A new engine plant was completed in Shandong Province, China. 
Jan. 2008 The Company completed new CVT plant in Jiangsu Province, China.
Sep. 2008 The Company completed engine plant No.2 in Shandong Province, China.
Jan. 2009 The Company established WIA Magna Powertrain jointly with Magna Powertrain AG of Austria, entering the electronic control coupling business for all-wheel-drive vehicles.
Aug. 2009 The Company adopted a new name, Hyundai WIA Corporation.
Sep. 2009 WIA Automotive Parts Co.,Ltd. (Zhangjiagang) adopted a new corporate name, Jiangsu Hyundai WIA Co., Ltd.
Mar. 2010 The Company established Hyundai WIA India Pvt. Ltd. in India.
Sep. 2010 Production of the Kappa engine started at the Pyeongtaek Plant.
Dec. 2010 The Company manufactured its 20 millionth CVJ.
Feb. 2011 The Company was listed on Korea Exchange.
Jun. 2011 Mass production of dual clutch transmissions (DCTs) started at the Changwon Plant.
Aug. 2013 The Company and IHI of Japan have jointly established Hyundai WIA IHI Turbo Co., Ltd. in Korea
Jul. 2014 The Company established Beijing WIA Turbocharger Co., Ltd. in China.
Sep. 2014 The Company established Hyundai WIA Mexico S. DE R.L. DE in Mexico.
Apr. 2015 The Company produced 5 millionth transfer.
Jul. 2015 Opened a training center at Shandong Hyundai Wia Automotive Engine Company.
Mar. 2016 The Company completed a plant in Mexico.
Mar. 2016 The Company produced 100 millionth CVJ.
Jul. 2016 Increased production lines producing CVJs at production plant in Jiangsu Province, China
Mar. 2017 Started production of diesel engines at the Seosan Plant in Korea
Sep. 2021 Completed construction of an engine plant in St. Petersburg, Russia.
Sep. 2021 Established Hyundai-Wia Alabama, Inc.
Feb. 2023 Established Wia Slovakia s.r.o.
Dec. 2023 Established two subsidiaries: MOVIENT, a modular production company; and TECZEN, a parts manufacturer.

Supplemental Information 1

The Hyundai Motor Group's Ratio of Shareholding

 (As of Dec. 31, 2023)


Hyundai Motor Group Correlation Chart

The Hyundai Motor Group's Ratio of Shareholding in Automotive Companies

 (As of Dec. 31, 2023)

Name of group company

 

Company in which the company holds shares

 Hyundai
Motor		 Kia
Corporation		 Hyundai
Mobis		 Hyundai
Transys		 Hyundai
WIA

Hyundai Kefico
Hyundai Motor - 34.16% - 41.13% 25.35% 100.00%
Kia Corporation - - 17.54% 40.43% 13.44% -
Hyundai Mobis 21.64% - - 15.74% - -
Hyundai WIA - - - 1.88% - -
Hyundai Steel - - 5.88% - - -
Hyundai GLOVIS - - 0.70% - - -

>>>Business Report up until FY ended Dec. 31, 2013
>>>Business Report up until FY ended Dec. 31, 2014
>>>Business Report up until FY ended Dec. 31, 2015
>>>Business Report up until FY ended Dec. 31, 2016
>>>Business Report up until FY ended Dec. 31, 2017
>>>Business Report up until FY ended Dec. 31, 2018
>>>Business Report up until FY ended Dec. 31, 2019
>>>Business Report up until FY ended Dec. 31, 2020
>>>Business Report up until FY ended Dec. 31, 2021
>>>Business Report up until FY ended Dec. 31, 2022

Note: A figure in brackets ( ) indicates a loss

×
International Suppliers Fair (IZB) 2024
Integrated thermal management system modules
Development completed in 2024. The coolant and refrigerant modules are integrated into one module, which improves the thermal management efficiency of electric vehicles (EVs) and saves space by 25%.
International Suppliers Fair (IZB) 2024
Integrated thermal management system modules
Development completed in 2024. The coolant and refrigerant modules are integrated into one module, which improves the thermal management efficiency of electric vehicles (EVs) and saves space by 25%.
International Suppliers Fair (IZB) 2024
Integrated thermal management system modules
Development completed in 2024. The coolant and refrigerant modules are integrated into one module, which improves the thermal management efficiency of electric vehicles (EVs) and saves space by 25%.
International Suppliers Fair (IZB) 2024
Integrated thermal management system modules
Development completed in 2024. The coolant and refrigerant modules are integrated into one module, which improves the thermal management efficiency of electric vehicles (EVs) and saves space by 25%.
International Suppliers Fair (IZB) 2024
Integrated thermal management system modules
Development completed in 2024. The coolant and refrigerant modules are integrated into one module, which improves the thermal management efficiency of electric vehicles (EVs) and saves space by 25%.
International Suppliers Fair (IZB) 2024
Integrated thermal management system modules
Development completed in 2024. The coolant and refrigerant modules are integrated into one module, which improves the thermal management efficiency of electric vehicles (EVs) and saves space by 25%.
International Suppliers Fair (IZB) 2024
Driveshaft Portfolio
International Suppliers Fair (IZB) 2024
Driveshaft Portfolio
International Suppliers Fair (IZB) 2024
The air conditioning system
The HVAC(Heating, Ventilation, Air Conditioning) module, heat exchanger, and compressor: designed to reduce the volume of air conditioning parts and improve efficiency. In the case of the actual HVAC module, the height was reduced by 30%, and a two-story structure was adopted to improve electricity costs.
International Suppliers Fair (IZB) 2024
The air conditioning system
The HVAC(Heating, Ventilation, Air Conditioning) module, heat exchanger, and compressor: designed to reduce the volume of air conditioning parts and improve efficiency. In the case of the actual HVAC module, the height was reduced by 30%, and a two-story structure was adopted to improve electricity costs.
International Suppliers Fair (IZB) 2024
The air conditioning system
The HVAC(Heating, Ventilation, Air Conditioning) module, heat exchanger, and compressor: designed to reduce the volume of air conditioning parts and improve efficiency. In the case of the actual HVAC module, the height was reduced by 30%, and a two-story structure was adopted to improve electricity costs.
International Suppliers Fair (IZB) 2024
The air conditioning system
The HVAC(Heating, Ventilation, Air Conditioning) module, heat exchanger, and compressor: designed to reduce the volume of air conditioning parts and improve efficiency. In the case of the actual HVAC module, the height was reduced by 30%, and a two-story structure was adopted to improve electricity costs.
International Suppliers Fair (IZB) 2024
The air conditioning system
The HVAC(Heating, Ventilation, Air Conditioning) module, heat exchanger, and compressor: designed to reduce the volume of air conditioning parts and improve efficiency. In the case of the actual HVAC module, the height was reduced by 30%, and a two-story structure was adopted to improve electricity costs.
International Suppliers Fair (IZB) 2024
The air conditioning system
The HVAC(Heating, Ventilation, Air Conditioning) module, heat exchanger, and compressor: designed to reduce the volume of air conditioning parts and improve efficiency. In the case of the actual HVAC module, the height was reduced by 30%, and a two-story structure was adopted to improve electricity costs.
International Suppliers Fair (IZB) 2024
The air conditioning system
The HVAC(Heating, Ventilation, Air Conditioning) module, heat exchanger, and compressor: designed to reduce the volume of air conditioning parts and improve efficiency. In the case of the actual HVAC module, the height was reduced by 30%, and a two-story structure was adopted to improve electricity costs.
International Suppliers Fair (IZB) 2024
The air conditioning system
The HVAC(Heating, Ventilation, Air Conditioning) module, heat exchanger, and compressor: designed to reduce the volume of air conditioning parts and improve efficiency. In the case of the actual HVAC module, the height was reduced by 30%, and a two-story structure was adopted to improve electricity costs.
International Suppliers Fair (IZB) 2024
Electric Torque Vectoring System (e-TVTC)
This part distributes the torque to the left and right tires to greatly improve driving stability. Since both left and right tires can be 100% controlled as the driver desires. HYUNDIA WIA also added a disconnecting function, that physically disconnects the drive motor from the drive shaft to enhance fuel efficiency. The advanced technology of e-TVTC was applied to Hyundai Motor’s concept car ‘RN22e’, the essence of advanced technologies.
International Suppliers Fair (IZB) 2024
Electric Torque Vectoring System (e-TVTC)
This part distributes the torque to the left and right tires to greatly improve driving stability. Since both left and right tires can be 100% controlled as the driver desires. HYUNDIA WIA also added a disconnecting function, that physically disconnects the drive motor from the drive shaft to enhance fuel efficiency. The advanced technology of e-TVTC was applied to Hyundai Motor’s concept car ‘RN22e’, the essence of advanced technologies.
International Suppliers Fair (IZB) 2024
e-LSD (EV)
International Suppliers Fair (IZB) 2024
e-LSD (EV)
International Suppliers Fair (IZB) 2024
Integrated Drive Axle (IDA)
Currently used in Hyundai Motor and KIA’s EVs. IDA integrated a ‘drive shaft’ that transmits torque to the wheel and a ‘wheel bearing’ that connects it to the wheel. HYUNDAI WIA reduced the weight of the parts and increased rigidity, which significantly improved the driving performance.
International Suppliers Fair (IZB) 2024
Integrated Drive Axle (IDA)
Currently used in Hyundai Motor and KIA’s EVs. IDA integrated a ‘drive shaft’ that transmits torque to the wheel and a ‘wheel bearing’ that connects it to the wheel. HYUNDAI WIA reduced the weight of the parts and increased rigidity, which significantly improved the driving performance.
International Suppliers Fair (IZB) 2024
Integrated Drive Axle (IDA)
Currently used in Hyundai Motor and KIA’s EVs. IDA integrated a ‘drive shaft’ that transmits torque to the wheel and a ‘wheel bearing’ that connects it to the wheel. HYUNDAI WIA reduced the weight of the parts and increased rigidity, which significantly improved the driving performance.
International Suppliers Fair (IZB) 2024
Integrated Drive Axle (IDA)
Currently used in Hyundai Motor and KIA’s EVs. IDA integrated a ‘drive shaft’ that transmits torque to the wheel and a ‘wheel bearing’ that connects it to the wheel. HYUNDAI WIA reduced the weight of the parts and increased rigidity, which significantly improved the driving performance.
Aachen Colloquium 2023
Coolant module with HEX type 2
-EV thermal management system: Coolant module with heat exchanger consisting of integrated chiller, reservoir tank, dual 3-way valve, integrated driver and two types of electric water pumps
-Development completed
Aachen Colloquium 2023
Coolant module with HEX type 2
-EV thermal management system: Coolant module with heat exchanger consisting of integrated chiller, reservoir tank, dual 3-way valve, integrated driver and two types of electric water pumps
-Development completed
Aachen Colloquium 2023
Coolant module with HEX type 2
-EV thermal management system: Coolant module with heat exchanger consisting of integrated chiller, reservoir tank, dual 3-way valve, integrated driver and two types of electric water pumps
-Development completed
Aachen Colloquium 2023
Coolant module with HEX type 2
-EV thermal management system: Coolant module with heat exchanger consisting of integrated chiller, reservoir tank, dual 3-way valve, integrated driver and two types of electric water pumps
-Development completed
Aachen Colloquium 2023
Coolant module with HEX type 2
-EV thermal management system: Coolant module with heat exchanger consisting of integrated chiller, reservoir tank, dual 3-way valve, integrated driver and two types of electric water pumps
-Development completed
Aachen Colloquium 2023
Coolant module with HEX type 2
-EV thermal management system: Coolant module with heat exchanger consisting of integrated chiller, reservoir tank, dual 3-way valve, integrated driver and two types of electric water pumps
-Development completed
Aachen Colloquium 2023
Coolant module with HEX type 2
-EV thermal management system: Coolant module with heat exchanger consisting of integrated chiller, reservoir tank, dual 3-way valve, integrated driver and two types of electric water pumps
-Development completed
Aachen Colloquium 2023
Corner Module with IDA
Improved handling response and turning performance through increased camber stiffness.
Aachen Colloquium 2023
Corner Module with IDA
Improved handling response and turning performance through increased camber stiffness.
Aachen Colloquium 2023
e-TVTC
Electronic Torque Vectoring by Twin Clutch
Aachen Colloquium 2023
e-TVTC
Electronic Torque Vectoring by Twin Clutch
Aachen Colloquium 2023
e-TVTC
Electronic Torque Vectoring by Twin Clutch
Aachen Colloquium 2023
e-TVTC
Electronic Torque Vectoring by Twin Clutch
Aachen Colloquium 2023
e-LSD (EV)
-Electronic-Limited Slip Differential
-Electronic control of torque distribution of left and right driving wheels to improve handling and escape performance
Aachen Colloquium 2023
e-LSD (EV)
-Electronic-Limited Slip Differential
-Electronic control of torque distribution of left and right driving wheels to improve handling and escape performance
Aachen Colloquium 2023
e-LSD (EV)
-Electronic-Limited Slip Differential
-Electronic control of torque distribution of left and right driving wheels to improve handling and escape performance
Aachen Colloquium 2023
e-LSD (EV)
-Electronic-Limited Slip Differential
-Electronic control of torque distribution of left and right driving wheels to improve handling and escape performance
Aachen Colloquium 2022
Corner module with IDA (Integrated drive axle)
Aachen Colloquium 2022
Corner module with IDA (Integrated drive axle)
Aachen Colloquium 2022
Corner module with IDA (Integrated drive axle)
Aachen Colloquium 2022
IDA (with hollow shaft)
Integrated Drive Axle (with hollow shaft) Installed models: Hyundai Ioniq5 and Kia EV6
Aachen Colloquium 2022
CV joint assembly
CUJ 8 Ball, 52°, HUJ 8 Ball 54°
CUJ = Compact Undercut-free Joint;
HUJ = High performance Undercut Joint
Aachen Colloquium 2022
CV joint assembly
CUJ 8 Ball, 52°, HUJ 8 Ball 54°
CUJ = Compact Undercut-free Joint;
HUJ = High performance Undercut Joint
Aachen Colloquium 2022
CV joint assembly
CUJ 8 Ball, 52°, HUJ 8 Ball 54°
CUJ = Compact Undercut-free Joint;
HUJ = High performance Undercut Joint
Aachen Colloquium 2022
e-LSD (EV)
Electronic-Limited Slip Differential
Electronic control of torque distribution of left and right drive wheels to improve handling and escape performance
Aachen Colloquium 2022
e-LSD (EV)
Electronic-Limited Slip Differential
Electronic control of torque distribution of left and right drive wheels to improve handling and escape performance
Aachen Colloquium 2022
e-LSD (EV)
Electronic-Limited Slip Differential
Electronic control of torque distribution of left and right drive wheels to improve handling and escape performance
Aachen Colloquium 2022
e-TVTC
Electronic Torque Vectoring by Twin Clutch
Aachen Colloquium 2022
e-TVTC
Electronic Torque Vectoring by Twin Clutch
Aachen Colloquium 2022
e-TVTC
Electronic Torque Vectoring by Twin Clutch
China International Auto Products Expo 2013
CVJ
China International Auto Products Expo 2013
CVJ
China International Auto Products Expo 2013
CVJ
China International Auto Products Expo 2013
6 speed DCT transmission
China International Auto Products Expo 2013
6 speed AMT transmission
China International Auto Products Expo 2013
Reduction gear
China International Auto Products Expo 2013
4WD PTU (2 step)
China International Auto Products Expo 2013
4WD PTU (1 step)
China International Auto Products Expo 2013
4WD E-LSD
China International Auto Products Expo 2013
Electric coupling
China International Auto Products Expo 2013
4WD 2 speed TOD
China International Auto Products Expo 2013
4WD electric transfer case
China International Auto Products Expo 2013
4WD mechanical transfer case
China International Auto Products Expo 2013
Crankshaft
Installed: Chrysler
China International Auto Products Expo 2013
Differential
Installed vehicle: Ford “Fiesta”
China International Auto Products Expo 2013
Automatic plate
China International Auto Products Expo 2013
Differential case
Installed vehicle: Ford “F150”
China International Auto Products Expo 2013
Powertrain and driveline system
China International Auto Products Expo 2013
VTJ
China International Auto Products Expo 2013
CTJ
China International Auto Products Expo 2013
DUJ
China International Auto Products Expo 2013
WTJ

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