Hyundai WIA Corporation (Formerly WIA Corporation)

Company Profile

■URL

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

■Address

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

Business Overview

-The Company is an auto parts manufacturing company of the Hyundai - Kia Group.

-The Company conducts its business in two operating segments:

Business Division Products
Automotive parts -General components  (Transmissions, Constant velocity joints, etc.)
-Engines
-Modules (Chassis modules, platform modules, etc)
Machinery -Machine tools
-Heavy machinery (press lines, production facilities)
-Special products (aircraft parts)


-Market share in Korea (According to the Company)

Products 2016 2015 2014
Chassis module 31.4% 33.7% 30.9%
Wheel&Tire 52.5% 50.5% 49.0%
Manual transmission 28.6% 37.1% 42.4%
Transfer 95.7% 95.5% 95.2%
Engine 11.2% 13.0% 15.0%
Constant Velocity Joint (CVJ) 58.0% 55.5% 56.0%


>>>Market share in Korea (Details)

Shareholders

(As of Dec. 31, 2016)

Major Shareholders Interest Ratio (%)
Hyundai Motor Company 25.35
Kia Motors Corporation 13.44
National Pension Service 7.50
Total 46.29

Products

Engines
-Kappa engines
-Alpha engines
-Gamma engines
-Beta engines
-Nu engines
-D4BB engines
-J2/JT engines

Chassis modules
-Platform modules
-Front chassis modules
-Rear chassis modules

Axle modules
-Truck front modules
-Truck rear modules

Tire modules

Transmissions

Transfers

CVJ (Constant Velocity Joints)

Power steering systems

Axles

Cam shafts

Differential cases

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.

Supplemental Information 1

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

(As of Dec. 31, 2016)

Name of group company

 

Company in which the company holds shares

Hyundai
Motor
Kia
Motors
Hyundai
Mobis
Hyundai
Dymos
Hyundai
WIA
Hyundai Motor - - 20.78% - -
Kia Motors 33.88% - - - -
Hyundai Mobis - 16.88% - - -
Hyundai WIA 25.35% 13.44% - - -
Hyundai Kefico 100.00% - - - -
Hyundai Dymos 47.27% 45.37% - - 5.12%
Hyundai Powertech 37.58% 37.58% 24.85% - -
Hyundai Steel 6.87% 17.27% - - -
Hyundai IHL - - 90.00% - -
Hyundai Mseat - - - 99.81% -
Hyundai Partecs 56.00% 31.00% 13.00% - -
WIA Magna Powertrain - - - - 50.00%
HL Green Power - - 51.00% - -
Hyundai WIA IHI Turbo - - - - 51.00%
Hyundai Autron 60.00% 20.00% 20.00% - -


>>>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

Note: A figure in brackets ( ) indicates a loss