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HS history

You are here: Home / Hyoseong / HS history

HS history

You are here: Home / Hyoseong / HS history
  • Market PenetrationSince 1973~1989
  • Market Entry 1990~2000
  • Growth2001~2010
  • Stabilization2011~2013
  • Reorganization2014~present

Market Penetration

Automotive DC motor
Success of the first domestic production (‘ 86)

1973.
Established as Samyoung Electric Co., Ltd
1977.
Company Name Changed as Hyoseong Electric Co., Ltd.
1982.
Developed Blower Motor for Bongo series
1986.
Developed Blower Motor for passenger vehicles
(Hyundai Excel and Stellar)
1987.
Established a joint Venture with Sugiyama of Japan

Market Entry

The beginning of DC motor export (‘95)
The first development of ABS DC motor in Korea (‘94)

1990.
Established as Hyoseong precision Co., Ltd.
1993.
New plant, Jeonggwan Busan constructed and relocated
1994.
R&D Center established
The first development of ABS DC Motor in Korea
1995.
Started exporting Blower Motor to Japan for the first time in Korea
1997.
Started exporting to GM in Canada and to GM & Ford in Australia
1999.
Started exporting Blower DC Motor directly to Delphi in North America
2000.
C.C.F (Condenser Cooling Fan) Motor developed

Growth

Build a global production base
Acquire Quality Competitiveness

2001.
Established Ulsan facility (2nd plant)
2003.
Established Hyoseong Tianjin Electric Co., Ltd(HST) in China
2004.
Acquired ISO/TS16949:2002 certification (KFQ)
2005.
Established Hyoseong America Corporation(HSAC) in US
Developed EPS DC Motor for the first time in Korea
2006.
Designated as C.C.C supplier by GM with HVAC Blower Motor
(C.C.C: Corporate Common Component)
2007.
Established Hyoseong Electric India Private Ltd(HSI) in India
2009.
Established Hyoseong Europe GmbH in Europe (HSE)
2010.
Exported BLDC ABS Motor export to German FIAT

Stabilization

Acceleration of overseas production base.
Core business reinforcement by region

2011.
Established Hyoseong Zhida Electric Co., Ltd, joint corporation (HSZD)
2012.
Established Tech Center in Shanghai, China
Acquired GM QSB, quality system certification
2013.
Established Hyoseong Baicheng(China Gillimseong) joint corporation

Reorganization

Jumping to Global motor manufacturing company

2014.
Hyoseong Electric Co., Ltd relocated to Jangan, Busan
Hyoseong precision co., Ltd. merged by Hyoseong Electric Co., Ltd
Selected as a Global Leading Company by Korea industrial complex Corp.
2015.
Completed India factory and started production
Awarded Quality management excellence by Busan City Administration
Won a Prize , “The 50 million dollar export tower” as a Best Exporter by Ministry of Industry and trade
Won a Prize , “Golden tower” as a Best Exporter by President
2016.
Selected as a company for World Class 300 programs by Small and Medium Business Administration
Selected as a company for Global Entrepreneur Program by Ministry of trade
Awarded 2016 Business Award in Auto parts industry
Selected as a company for Korea Hidden Champion Entrepreneur Business by Export-Import Bank of Korea
2017.
Selected as a leading company with Honor in strategic industry by Busan City Administration
Awarded “Best Supplier Award Innovation” by Hanon System
(Hyoseong America Corporation )
  • 190, Jangansandan9-ro, Jangan-eup, Gijang-gun, Busan, South korea
  • TEL : +82-51-720-6300
  • FAX : +82-51-728-3698

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