ILJIN Co., Ltd.
Company Profile
Business Overview
-The Group consists of four companies; lLJIN Bearing Co., Ltd., ILJIN Global Co., Ltd., ILJIN Corporation, and Bearing Art Corporation.
-The Group manufactures and sells wheel bearings and parts used in transmission systems, engines, steering systems, and suspension systems.
| ILJIN Bearing Co., Ltd. | |
| Established | Dec. 1978 |
| Address | 85, Gongdan-ro, Gyeongju-si, Gyeongsangbuk-do, Korea |
| TEL | 82-54-770-5555 |
| Sales | Non-consolidated : 269,841 million won (FY ended Dec. 31, 2019) |
| Capital | Non-consolidated : 11,270 million won (As of Dec. 31, 2019) |
| Number of employees | 344 |
| ILJIN Global Co., Ltd. | |
| Established | Jan. 1978 |
| Address | 527, Samsung-ro, Gangnam-gu, Seoul, Korea |
| TEL | 82-2-553-1795 |
| Sales | Non-consolidated : 444,835 million won (FY ended Dec. 31, 2019) Consolidated : 558,466 million won (FY ended Dec. 31, 2019) |
| Capital | Non-consolidated : 789,870 million won (As of Dec. 31, 2019) |
| Number of employees | 509 |
| ILJIN Corporation | |
| Established | Jan. 1986 |
| Address | 45, Yurim-ro 13beon-gil, Gyeongju-si, Gyeongsangbuk-do, Korea |
| TEL | 82-54-770-7500 |
| Sales | Non-consolidated : 274,651 million won (FY ended Dec. 31, 2019) Consolidated : 799,094 million won (FY ended Dec. 31, 2019) |
| Capital | Non-consolidated : 3,000 million won (As of Dec. 31, 2019) |
| Number of employees | - |
| Bearing Art Corporation | |
| Established | May 2011 |
| Address | 310, Anhyeon-ro Hyeongok-myeon, Gyeongju-si, Gyeongsangbuk-do, Korea |
| TEL | 82-70-4161-5000 |
| Sales | Non-consolidated : 421,561 million won (FY ended Dec. 31, 2019) |
| Capital | Non-consolidated : 3,000 million won (As of Dec. 31, 2019) |
| Number of employees | 974 |
Shareholders
(As of Dec. 31, 2019)
| ILJIN Bearing Co., Ltd. | |
| Lee, Sang Il | 80.00% |
| Hyundai Motor Company | 20.00% |
| Total | 100.00% |
| ILJIN Global Co., Ltd. | |
| Lee, Sang Il and interested parties | 100.00% |
| Total | 100.00% |
| ILJIN Corporation | |
| Lee, Dong Seob and interested parties | 100.00% |
| Total | 100.00% |
| Bearing Art Corporation | |
| Lee, Gi Ryun and interested parties | 100.00% |
| Total | 100.00% |
Products
Bearings
Hub Unit Bearings
-Ball Bearing
-Tapered Bearings
-Wheel Bearing with ABS Sensor
Bearings for Transmissions
-Flanged Double-Row Ball Bearings
-Polymer Cage Tapered Bearing
-Steel Cage Tapered Bearing
Axle Bearings
-High Load Tapered Bearing
Suspension/Steering
-Ball Joint
-Stabilizer Link
-Tie Rod End
-Arm
-Corner Module
-Door Checker
History
| 1978 | ILJIN Forging Co., Ltd. was established. (Currently called ILJIN Bearing Co., Ltd.) |
| 1982 | Bloxwich Korea was established. (Currently called ILJIN Global Co., Ltd.) |
| 1983 | The Group launched the commercial production of door checkers and door hinges. |
| 1986 | Dong-A Automotive Co., Ltd. was established. (Currently called ILJIN Corporation) |
| 1987 | The Group launched the commercial production of ball joints and tie rod ends. |
| 1988 | The Group launched the commercial production of flywheels and ring gears. |
| 1995 | The Group began the commercial production of wheel bearings. |
| 1997 | The Group established ILJIN Automotive Private Ltd. in India. |
| 1997 | The Group acquired ISO9001 certification. |
| 1998 | The Group acquired QS9000 certification. |
| 1999 | The Group started export of the second-generation wheel bearings to Australia. |
| 1999 | The Group began the commercial production of corner module assemblies. |
| 2000 | The Group started the commercial production of the third-generation bearings with built-in sensors. |
| 2002 | The Group started export of the third-generation wheel bearings to the U.S.A. |
| 2002 | The Group acquired ISO14001 certification. |
| 2002 | The Group established ILJIN Australia Ptv. Ltd. in Australia. |
| 2002 | The Group established Beijing ILJIN Automotive Systems in China. |
| 2003 | The Group established ILJIN USA Corporation in U.S.A. |
| 2005 | The Group established Young-World Metal in Korea. (Currently called Young-World) |
| 2005 | The Group established ILJIN Slovakia s.r.o in Slovakia. |
| 2006 | The Group established Tianjin ILJIN Automotive Systems in China. |
| 2008 | The Group established ILJIN America Corporation in South Carolina, U.S.A. |
| 2008 | The Group established ILJIN GmbH in Germany. |
| 2010 | The Group started export of the third-generation wheel bearings to Europe. |
| 2010 | The Group established ILJIN Alabama Corporation in Alabama, U.S.A. |
| 2011 | The Company established Bearing Art in Korea. |
| 2012 | Received 5-star quality rating from the Hyundai-Kia Group. |
| 2012 | In USA, ILJIN USA Corporation absorbed ILJIN America Corporation. |
| 2013 | Bearing Art Corporation completed Yeongju Plant. |
| 2014 | The Group established Technical Research Center in Michigan, U.S.A. |
| 2015 | The Group established Chongqing ILJIN Automotive Systems in China. |
| 2016 | The Group established Technical Research Center in Germany. |
| 2016 | The Group established ILJIN Global India Pty. Ltd. in India. |
Supplemental Information 1
>>>Business Report FY ended Dec. 31, 2015
>>>Business Report FY ended Dec. 31, 2016
>>>Business Report FY ended Dec. 31, 2017
>>>Business Report FY ended Dec. 31, 2018
Note: A figure in brackets ( ) indicates a loss