OVERVIEW
The central value of Hwashin for administration is ‘people’
- COMPANY
- OVERVIEW
Global automobile components manufacturer,
Hwashin Co., Ltd Hwashin is an automobile chassis and
body components manufacturer.
Hwashin that has been playing an important role in the Korean automobile components manufacturing industry by developing new technology based on its high quality products, services, and creative research is heading to the global market with its competitiveness through the state-of-the-art informatization system constructed with its young challenge spirit and outstanding technical skills.
Establishment Date |
July 1, 1975 |
President |
Chairman Ho Chung / President Seojin Chung |
Subsidiaries |
Hwashin Precision Industry Co., Ltd., Hwashin U.S.A., Hwashin India, Hwashin Beijing, Hwashin Brazil, Hwashin Cangzhou, Hwashin Chongqing, Hwashin Vietnam |
Annual Sales |
1,483.5 billion (as of 2013, K-IFRS) |
Number of Employees |
1,078 (domestic) |
Main Customers |
Hyundai Motors, Kia Motors,, ZF, GM, etc |
Management Philosophy
Vision
G45 The 45 automobile component manufacturing companies that lead the automobile component market
- Core values
- Customer satisfaction
- Globalization
- Creative challenges
- Coexistence and cooperation
- 2021 Goal
- Hwashin including its overseas corporations achieved the market share of 7.6% in the global automobile component market withe the total sales of 2.5 trillion
- Market extension
- Extend global major OEM orders and aggressively penetrate into new markets
- Technology extension
- Develop higher value-added products by applying new materials and eco-friendly technology
- Business area extension
- Implement the system integration project through modularization and IT technology
Jump up to be the Global Tier 1 automobile component manufacturer through market extension
Core Values
- Customer Orientation
- Understanding of customer's needs
- Customer satisfaction
- Strengthening customer relationship
- Emphasis on Principle
- Understanding regulations and procedures
- Transparent work processing
- compliance with procedures
- Challenging Spirit
- Determination of comprehensive goals
- Spontaneous performance
- Sense of responsibility for work
- Communication
- Understanding of others
- Construction of work network
- Creation of synergy effects between relevant departments
- Innovativeness
- Open thinking
- Critical mind
- Improvement of work perfomance procedures/methods