IHS AUTOMOTIVE

The South Korean Automotive Supplier ReportSupplierBusiness

2015 edition supplierbusiness.com

REGIONAL REPORT

South Korea

Regional supplier reports are sponsored by

© 2015 IHS 2 2015 edition

IHS Automotive | The South Korean Automotive Supplier Report

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ContentsSouth Korea – Overview of Macro Economic Situa-tion 4Real GDP Development 6

Planned Investment in Infrastructure Development Projects 7

National Automotive Policy & Plans 9IHS Overview 10Industry Development 10Tax Structure 11

– Non-Tariff Barriers 13 – Regulations – Emissions & Safety 14

Manufacturing Advantage 16

Overview of Automotive Industry & Supply Chain 18Structure of Automotive Industry 19Recent Production Data & Forecasts 20Export Destinations & Trends 21Manufacturing Presence of OEMs & Production Bases 22Vehicle Parc and Density 23Investments by OEMS 23

Overview of Vehicle Component Industry 26Investments by Vehicle Component Suppliers 27List of Joint-ventures and Mergers & Acquisitions in 2013/2014 28

– Acquisitions: 28 – Joint-ventures: 28

OEM Supplier Relationship 29Involvement of Automakers in Supplier Development 30Technology Trends 30Cluster Development 30R&D Capabilities 31

Who Supplies Whom 32

Opportunities, Challenges & Future Outlook 34Short-term Production Overview 36Long-term Production Overview 36

South Korean Supplier Profiles 37ACS 38Atlas BX 40Austem 43Central Corporation 46Daehan Solution 49Daesung Electric 52Daesung Eltec 55Daewon Kang Up 57DAS 60Dayou A Tech 63Denso Korea Automotive 65DIC 67Dongah Tire & Rubber 70Dongbo Industrial 72Dongyang Mechatronics 74DRB Holding 77Duck II Industry 79Duckyang Industry 81Ecoplastic 83Frixa 86Hanil E-Hwa 88Hanil Precision 92HeesungCatalysts 94Hwashin 96Hyosung Corporation 99Hyundai Sungwoo Automotive 103Iljin Global 105INFAC Corporation 109Inzi Controls 112Jico 115Kiswire 117KM&I 120KOMOS 122Korea Flange 125Kyung Chang Industrial 128Hyung Chang Wiper 130Kyungshin Corporation 132Leehan Corporation 135Pyeong Hwa Automotive 137S&T Dynamics 141

© 2015 IHS 3 2015 edition

IHS Automotive | The South Korean Automotive Supplier Report

S&T Motiv 144Samsung SDI 148Sangsin Brake 151Sebang Global Battery 154Sejung 156Shinhan Valve Industrial 158SL Corporation 160

Sungwoo Hitech 164THN Corporation 167Unick Corporation 169Wooshin Industrial 171Wooshin Safety Systems 173Yoosung Enterprose 175Yura Corporation 178

FiguresFigure 1: South Korea Light-vehicle Sales Market Share by Design Parent (2015F) 13Figure 2: South Korea Light-vehicle Production by Global Production Segment (2010–2015) 19Figure 3: Kia Light-vehicle Sales by Region (2015F) 22

Figure 4: Hyundai Light-vehicle Sales by Region (2015F) 22Figure 5: South Korea Light-vehicle Production by Production Brand (2010–2015) 23Figure 6: South Korea Light-vehicle Production by Manufacturer (2012–2017) 34

TablesTable 1: South Korea - Key Macro-Economic Data 5Table 2: Special Excise Tax Rates and Other Vehicle Taxes 11Table 3: Annual Automotive Tax Rates for Personal Use Vehicles 12Table 4: Fuel Excise Tax 12Table 5: Automotive Import Duties 13

Table 6: Fuel-Efficiency Grades 14Table 7: Shareholdings in Carmakers in South Korea 19Table 8: Carmakers’ Plants in South Korea & Production Capacities 22Table 9: Planned New Car Models in South Korea 24Table 10: Carmaker’s Plant Locations 31