A specialized company producing core components for automotive steering systems based on precision cold/hot forging technology. A global manufacturer supplying products to major domestic and international complete vehicle manufacturers and Tier 1 parts suppliers across automotive, industrial machinery, and electronics sectors.Aspecializedcompanyproducingcorecomponentsforautomotivesteeringsystemsbasedonprecisioncold/hotforgingtechnology.AglobalmanufacturersupplyingproductstomajordomesticandinternationalcompletevehiclemanufacturersandTier1partssuppliersacrossautomotive,industrialmachinery,andelectronicssectors.
Key Products/TechnologiesKeyProducts/Technologies
Key product categories include automotive steering system components such as PINION, IBJ ASS'Y, B/STUD, BOLT, PLUG, PLUNGER, and HEAD CAP SCREW.KeyproductcategoriesincludeautomotivesteeringsystemcomponentssuchasPINION,IBJASS'Y,B/STUD,BOLT,PLUG,PLUNGER,andHEADCAPSCREW.
The PINION is a device that converts rotational force from the steering wheel into linear motion for the RACK BAR, including R-EPS (IPA: INPUT, PINION ASS'Y), MRP (C-EPS, MDPS), and NPS models.ThePINIONisadevicethatconvertsrotationalforcefromthesteeringwheelintolinearmotionfortheRACKBAR,includingR-EPS(IPA:INPUT,PINIONASS'Y),MRP(C-EPS,MDPS),andNPSmodels.
The IBJ ASS'Y consists of HOUSING and BALL PIN components that transmit power received from the rack and pinion during steering to the wheels.TheIBJASS'YconsistsofHOUSINGandBALLPINcomponentsthattransmitpowerreceivedfromtherackandpinionduringsteeringtothewheels.
The B/STUD is a core component of the BALL JOINT, allowing free changes in wheel direction.TheB/STUDisacorecomponentoftheBALLJOINT,allowingfreechangesinwheeldirection.
The PLUG performs clearance adjustment between the pinion and rack bar and external sealing.ThePLUGperformsclearanceadjustmentbetweenthepinionandrackbarandexternalsealing.
The PLUNGER is a component assembled inside a hydraulic timing chain adjustment device.ThePLUNGERisacomponentassembledinsideahydraulictimingchainadjustmentdevice.
Core technologies include precision cold and hot forging techniques.Coretechnologiesincludeprecisioncoldandhotforgingtechniques.
Notably, the company developed the integrated cold forging technology, which forms bar stock in a single process, a domestic first, bringing innovation to production methods.Notably,thecompanydevelopedtheintegratedcoldforgingtechnology,whichformsbarstockinasingleprocess,adomesticfirst,bringinginnovationtoproductionmethods.
Continuous securing of unique process technologies, such as PINION HELICAL GEAR rolling development.Continuoussecuringofuniqueprocesstechnologies,suchasPINIONHELICALGEARrollingdevelopment.
Core AdvantagesCoreAdvantages
Unique Technology and Market Share: A dominant competitive position in automotive steering system components, based on precision cold/hot forging technology and the domestically first integrated cold forging technology. A market-leading company, holding over 80% of the domestic production share in the pinion shaft gear processing sector.UniqueTechnologyandMarketShare:Adominantcompetitivepositioninautomotivesteeringsystemcomponents,basedonprecisioncold/hotforgingtechnologyandthedomesticallyfirstintegratedcoldforgingtechnology.Amarket-leadingcompany,holdingover80%ofthedomesticproductionshareinthepinionshaftgearprocessingsector.
Extensive Patent Portfolio: Demonstration of technical expertise and innovation through numerous patents, utility models, and design registrations, including 'Manufacturing Method for Pinion Shafts for Automotive Steering Devices,' 'Manufacturing Method for Hollow Wheel Shafts,' and 'Intermediate Forming for Output Shaft Processing in Column-Type Power Steering Devices'.ExtensivePatentPortfolio:Demonstrationoftechnicalexpertiseandinnovationthroughnumerouspatents,utilitymodels,anddesignregistrations,including'ManufacturingMethodforPinionShaftsforAutomotiveSteeringDevices,''ManufacturingMethodforHollowWheelShafts,'and'IntermediateFormingforOutputShaftProcessinginColumn-TypePowerSteeringDevices'.
Global Customer Network and Quality Reliability: Establishment of a global supply chain, providing products to major domestic manufacturers like Hyundai, Kia, Ssangyong, and Renault Samsung, as well as international OEMs and Tier 1 suppliers such as GM, Ford, Chrysler in the US, and Mercedes-Benz, BMW, Volkswagen, Volvo in Europe. High reliability secured through strict quality management systems like IATF 16949.GlobalCustomerNetworkandQualityReliability:Establishmentofaglobalsupplychain,providingproductstomajordomesticmanufacturerslikeHyundai,Kia,Ssangyong,andRenaultSamsung,aswellasinternationalOEMsandTier1supplierssuchasGM,Ford,ChryslerintheUS,andMercedes-Benz,BMW,Volkswagen,VolvoinEurope.HighreliabilitysecuredthroughstrictqualitymanagementsystemslikeIATF16949.
Long-standing History and R&D Investment: Accumulation of technical know-how over 60 years since its establishment in 1962, coupled with continuous investment in research and development. Enhancement of technology development capabilities and proactive development of next-generation components through the establishment of a corporate research institute.Long-standingHistoryandR&DInvestment:Accumulationoftechnicalknow-howover60yearssinceitsestablishmentin1962,coupledwithcontinuousinvestmentinresearchanddevelopment.Enhancementoftechnologydevelopmentcapabilitiesandproactivedevelopmentofnext-generationcomponentsthroughtheestablishmentofacorporateresearchinstitute.
Production Efficiency and Cost Competitiveness: Achievement of quality and productivity improvements and cost reduction through the development of integrated cold forging technology. Recognition by clients for new technologies and processes. Precision machining capabilities utilizing advanced equipment such as CNC lathes and grinding machines.ProductionEfficiencyandCostCompetitiveness:Achievementofqualityandproductivityimprovementsandcostreductionthroughthedevelopmentofintegratedcoldforgingtechnology.Recognitionbyclientsfornewtechnologiesandprocesses.PrecisionmachiningcapabilitiesutilizingadvancedequipmentsuchasCNClathesandgrindingmachines.
Target IndustrieTargetIndustrie
Automotive Industry (steering systems, engine components)AutomotiveIndustry(steeringsystems,enginecomponents)
ISO 9002 Quality System Certification (acquired in 1997, 1999).ISO9002QualitySystemCertification(acquiredin1997,1999).
QS 9000 Certification (acquired in 2001).QS9000Certification(acquiredin2001).
Operation of strict quality management systems including IATF 16949.OperationofstrictqualitymanagementsystemsincludingIATF16949.
Possession of a total of 9 patents.Possessionofatotalof9patents.
Key patents include 'Manufacturing Method for Pinion Shafts for Automotive Steering Devices (2001),' 'Manufacturing Method for Hollow Wheel Shafts (2006),' and 'Intermediate Forming for Output Shaft Processing in Column-Type Power Steering Devices (2008)'.Keypatentsinclude'ManufacturingMethodforPinionShaftsforAutomotiveSteeringDevices(2001),''ManufacturingMethodforHollowWheelShafts(2006),'and'IntermediateFormingforOutputShaftProcessinginColumn-TypePowerSteeringDevices(2008)'.
Completion of 6 patent registrations, 1 utility model registration, and 2 design registrations.Completionof6patentregistrations,1utilitymodelregistration,and2designregistrations.
Strengthening of technology development capabilities through the establishment of a corporate research institute (2008).Strengtheningoftechnologydevelopmentcapabilitiesthroughtheestablishmentofacorporateresearchinstitute(2008).
Introduction
Location
55 Chungjusandan 3-ro, Cheongju, Chungcheongbuk-do, South Korea
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Information
55 Chungjusandan 3-ro, Cheongju, Chungcheongbuk-do, South Korea