Hyosung Corp - Company Profile
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Business Description
Hyosung Corp (Hyosung), an industrial conglomerate, operates in diverse business areas such as textiles, chemicals, industrial materials, power and industrial systems, construction, trading, and information and communication.
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R&D Overview
The company’s R&D focuses on providing innovative products in the areas of textiles, industrial materials, chemicals, power and industrial systems, and information and communication fields. The company has four R&D centers which includes R&DB Labs, Power and Industrial Systems R&D Center, Steel Wire Technical Center and Electronic Communication Research Center in South Korea. In FY2022, it spent KRW21,035 million on R&D, which as a percentage of revenue, stood at 0.6% and grew 8.2% YoY.
Business Segments
- Holdings
- Imported Car Dealer
- Information Communication
- Others
- Pump Manufacturing
- Textile Manufacturing
- Trading
Overview
Provides services in lease business and manages subsidiaries.
Performance
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Overview
Supplies and maintains imported cars.
Performance
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Overview
Operates through Hyosung TNS Inc.; Hyosung Information Systems; Hyosung ITX Co., Ltd.; Galaxia Electronics Co., Ltd.; and Galaxia Communications Co., Ltd. - Major products include mobile solutions, data storage systems, contents delivery network and LED business.
Performance
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Overview
Provides services in lease business and sunlight generating business.
Performance
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Overview
Provides centrifugal pumps for petrochemical and refinery plants, thermal and nuclear power plants. - Key products include boiler feed-water pumps, circulating water pumps, condensate extraction pumps, high performance pumps, spare parts. - Services include field services, repair, diagnosis and upgrade.
Performance
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Overview
Manufactures tire stiffeners and carpets. - Operates through Hyosung TNC, a chemical fiber industry. - Supplies fiber, textiles, and other dye products like nylon, spandex, and polyester.
Performance
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Overview
Imports and supplies steels and tire stiffeners. Operates through Hyosung TNC. Major Products include steel & metal products, chemical products, and LED Business Division.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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