FELIX TECHNOLOGY, established in 1998, is a company that has successfully conducted global business in various international markets through its global management strategy. It specializes in industrial forged products and automotive parts required for diverse industries such as shipbuilding, petrochemical plants, power generation, and automotive components. The company possesses expertise in producing products that demand extreme temperature and pressure conditions, along with various quality requirements. FELIX TECHNOLOGY manages the entire production process, from forging to machining and post-processing, ensuring stringent quality control and on-time delivery capabilities. In 2013, the company built its headquarters and factory in the Mieum Industrial Complex in Gangseo-gu, Busan, marking a new leap forward. It entered the 'Venture 100 Billion Won Club' in 2020, demonstrating sustained growth with an average annual increase of over 20%.FELIXTECHNOLOGY,establishedin1998,isacompanythathassuccessfullyconductedglobalbusinessinvariousinternationalmarketsthroughitsglobalmanagementstrategy.Itspecializesinindustrialforgedproductsandautomotivepartsrequiredfordiverseindustriessuchasshipbuilding,petrochemicalplants,powergeneration,andautomotivecomponents.Thecompanypossessesexpertiseinproducingproductsthatdemandextremetemperatureandpressureconditions,alongwithvariousqualityrequirements.FELIXTECHNOLOGYmanagestheentireproductionprocess,fromforgingtomachiningandpost-processing,ensuringstringentqualitycontrolandon-timedeliverycapabilities.In2013,thecompanybuiltitsheadquartersandfactoryintheMieumIndustrialComplexinGangseo-gu,Busan,markinganewleapforward.Itenteredthe'Venture100BillionWonClub'in2020,demonstratingsustainedgrowthwithanaverageannualincreaseofover20%.
Key Products/TechnologiesKeyProducts/Technologies
Industrial Forged Products: Production of flanges and various steel forged components. Continuous supply to shipbuilding, petrochemical plant, power generation, and construction sectors. Possession of technology to meet extreme temperature, pressure, and diverse quality conditions. The only company in Korea applying large-scale forging shape technology.IndustrialForgedProducts:Productionofflangesandvarioussteelforgedcomponents.Continuoussupplytoshipbuilding,petrochemicalplant,powergeneration,andconstructionsectors.Possessionoftechnologytomeetextremetemperature,pressure,anddiversequalityconditions.TheonlycompanyinKoreaapplyinglarge-scaleforgingshapetechnology.
Automotive Parts: Primary product includes steel pistons for diesel engines. Pioneering development and patent acquisition for eco-friendly and fuel-efficient automotive and industrial forged pistons. Implementation of forged piston technology that surpasses the pressure and temperature limitations of conventional aluminum pistons. Capability to globally develop the first Steel Piston based on new materials optimized for automotive lightweighting.AutomotiveParts:Primaryproductincludessteelpistonsfordieselengines.Pioneeringdevelopmentandpatentacquisitionforeco-friendlyandfuel-efficientautomotiveandindustrialforgedpistons.Implementationofforgedpistontechnologythatsurpassesthepressureandtemperaturelimitationsofconventionalaluminumpistons.CapabilitytogloballydevelopthefirstSteelPistonbasedonnewmaterialsoptimizedforautomotivelightweighting.
New Business Areas: Targeting high-value-added forged parts markets, including components for semiconductors, liquefied hydrogen, and aerospace engines. Expansion into LNG and hydrogen-related industrial sectors through technology partnerships with leading domestic companies like POSCO and Hanwha Aerospace.NewBusinessAreas:Targetinghigh-value-addedforgedpartsmarkets,includingcomponentsforsemiconductors,liquefiedhydrogen,andaerospaceengines.ExpansionintoLNGandhydrogen-relatedindustrialsectorsthroughtechnologypartnershipswithleadingdomesticcompanieslikePOSCOandHanwhaAerospace.
Production Facilities: Extensive possession of advanced machining equipment, including CNC (MAX 6 INCH 2SPINDLE 10 units) and MCT. Continuous domestic and international investment in facilities to secure competitive product quality.ProductionFacilities:Extensivepossessionofadvancedmachiningequipment,includingCNC(MAX6INCH2SPINDLE10units)andMCT.Continuousdomesticandinternationalinvestmentinfacilitiestosecurecompetitiveproductquality.
Core AdvantagesCoreAdvantages
Vertically Integrated Production System: Establishment of a vertically integrated production system that handles all processes from forging to machining and post-processing in-house. This ensures thorough quality control and reliable delivery capabilities across all stages.VerticallyIntegratedProductionSystem:Establishmentofaverticallyintegratedproductionsystemthathandlesallprocessesfromforgingtomachiningandpost-processingin-house.Thisensuresthoroughqualitycontrolandreliabledeliverycapabilitiesacrossallstages.
Unrivaled Technological Innovation and Market Leadership: Pioneering development and patent acquisition for eco-friendly and fuel-efficient automotive and industrial forged pistons. Achieved global market leadership with a 35% share in the diesel engine steel piston sector.UnrivaledTechnologicalInnovationandMarketLeadership:Pioneeringdevelopmentandpatentacquisitionforeco-friendlyandfuel-efficientautomotiveandindustrialforgedpistons.Achievedglobalmarketleadershipwitha35%shareinthedieselenginesteelpistonsector.
Global Business Capabilities and Export Achievements: Extensive experience in successful global business operations across various international markets since its establishment in 1998. Commenced exports of automotive parts to the US and European markets in 2000, achieving 80 million USD in export performance by 2023, establishing itself as a global export leader.GlobalBusinessCapabilitiesandExportAchievements:Extensiveexperienceinsuccessfulglobalbusinessoperationsacrossvariousinternationalmarketssinceitsestablishmentin1998.CommencedexportsofautomotivepartstotheUSandEuropeanmarketsin2000,achieving80millionUSDinexportperformanceby2023,establishingitselfasaglobalexportleader.
Continuous Business Diversification and Expansion: Expansion of business scope beyond traditional areas like shipbuilding, petrochemical plants, power generation, and automotive parts to future growth industries such as LNG, hydrogen, semiconductors, and aerospace engine components.ContinuousBusinessDiversificationandExpansion:Expansionofbusinessscopebeyondtraditionalareaslikeshipbuilding,petrochemicalplants,powergeneration,andautomotivepartstofuturegrowthindustriessuchasLNG,hydrogen,semiconductors,andaerospaceenginecomponents.
Customer-Centric Quality Management: Prioritizing stringent quality assurance and accurate delivery to meet customer demands, reflecting a customer-centric management philosophy.Customer-CentricQualityManagement:Prioritizingstringentqualityassuranceandaccuratedeliverytomeetcustomerdemands,reflectingacustomer-centricmanagementphilosophy.
Investment in Research and Development & Talent: Significant investment in continuous R&D, consistent quality improvement, and the cultivation of highly skilled professionals. Strengthening technological innovation capabilities through the establishment of an affiliated technology research institute in 2008.InvestmentinResearchandDevelopment&Talent:SignificantinvestmentincontinuousR&D,consistentqualityimprovement,andthecultivationofhighlyskilledprofessionals.Strengtheningtechnologicalinnovationcapabilitiesthroughtheestablishmentofanaffiliatedtechnologyresearchinstitutein2008.
Aerospace Engine Parts IndustryAerospaceEnginePartsIndustry
Major MarketsMajorMarkets
South Korea, UAE (ADCO), Iran (NIGC, NIOEC), Saudi Arabia (Aramco)SouthKorea,UAE(ADCO),Iran(NIGC,NIOEC),SaudiArabia(Aramco)
Europe (General market)Europe(Generalmarket)
USA (FEDERAL MOGUL, MERITOR, JTEKT, DETROIT, Chevron)USA(FEDERALMOGUL,MERITOR,JTEKT,DETROIT,Chevron)
South America (South American branch established)SouthAmerica(SouthAmericanbranchestablished)
Certifications/PatentsCertifications/Patents
ISO9001 Quality Management System Certification.ISO9001QualityManagementSystemCertification.
Patent acquisition for the first-ever developed eco-friendly and fuel-efficient automotive and industrial forged pistons.Patentacquisitionforthefirst-everdevelopedeco-friendlyandfuel-efficientautomotiveandindustrialforgedpistons.
Awarded 3 million USD Export Tower in 2005.Awarded3millionUSDExportTowerin2005.
Awarded 5 million USD Export Tower in 2007.Awarded5millionUSDExportTowerin2007.
Awarded 10 million USD Export Tower and CEO's Industrial Service Medal (for export contribution) in 2008.Awarded10millionUSDExportTowerandCEO'sIndustrialServiceMedal(forexportcontribution)in2008.
Recipient of the Gyeongnam Trader Award Grand Prize in 2008.RecipientoftheGyeongnamTraderAwardGrandPrizein2008.
Selected as one of the top 100 promising SMEs for exports to Japan by the Ministry of Knowledge Economy in early 2009.Selectedasoneofthetop100promisingSMEsforexportstoJapanbytheMinistryofKnowledgeEconomyinearly2009.
Prime Minister's Commendation for Export Contribution, Busan Export Grand Prize, and 70 million USD Export Tower (related to achieving 80 million USD in exports in 2023).PrimeMinister'sCommendationforExportContribution,BusanExportGrandPrize,and70millionUSDExportTower(relatedtoachieving80millionUSDinexportsin2023).
Received Busan Mayor's Commendation in 2024 (at the 33rd General Meeting of the Korea Marine Equipment Association).ReceivedBusanMayor'sCommendationin2024(atthe33rdGeneralMeetingoftheKoreaMarineEquipmentAssociation).
Selected as an Excellent Employment Company by Busan City in 2024.SelectedasanExcellentEmploymentCompanybyBusanCityin2024.
Introduction
Location
85 Mieumsandan 3-ro, Gangseo-gu, Busan, South Korea
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Information
85 Mieumsandan 3-ro, Gangseo-gu, Busan, South Korea