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Gyeongju Welcomes First Investment from Capital Region’s Automotive Electronic Parts Sector 상세내용
- 제목
- Gyeongju Welcomes First Investment from Capital Region’s Automotive Electronic Parts Sector
- 등록일2024-02-08 00:00:00
- 작성자 investment [박근배 ☎054-880-4612]
- 내용
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- KRW 45 billion investment by 2026 and 80 new job ings, supplying to global automotive manufacturers -
- Developing Gyeongju as a hub for electric vehicle parts and mobility, securing future growth opportunities -
Gyeongsangbuk-do and Gyeongju City have successfully partnered with a global supplier in the automotive electronic parts industry, reinforcing the automotive parts value chain in the southeastern region. This initiative marks a significant stride toward industry concentration, expanding Gyeongju’s role as a key cluster for electronic parts.
Gyeongsangbuk-do Province and Gyeongju City alized the partnership with Duckil Industry on the 6th, signing an investment memorandum of erstanding (MOU) at Gyeongju City Hall to build a facility for automotive electronic parts. The ceremony was attended by Lee Dal-hee, Vice Governor for Economic Planning of Gyeongsangbuk-do, Mayor Joo Nak-young of Gyeongju, and You Ki-duk, CEO of Duckil Industry.
er the agreement, Duckil Industry plans to invest KRW 45 billion by 2026 in a 20,000-m2 facility within the GeomdanIndustrial Complex in Gyeongju. The facility will manufacture electrical and electronic control parts for both internal combustion and electric vehicles (EVs), including power seat switches, and is expected to create approximately 80 new jobs.
Established in 1993, Duckil Industry is a midsize company with 30 years of experience specializing in the manufacture of automotive electric and electronic parts. Its domestic portfolio boasts partnerships with Hyai Motor Group (HMG), DAS Corp., Lear Corp., Daechang Seat Co., Ltd., Hyai MSEAT, and Hyai TRANSYS, while its international clientele encompasses General Motors (GM), Toyota, Tesla, Stellantis, Tata Motors, and Rivian. The company operates its headquarters in Pyeongtaek, Gyeonggi-do, a research and development (R&D) center in Hwaseong, and a production factory in the Philippines. Duckil Industry commits over 10% of its annual revenue to R&D and has been actively advancing into the EV parts sector since 2020, securing contracts with key global automotive ps including Tesla, Rivian and Volkswagen, and producing over 2 million electric switches each month. Recognized for its contributions, Duckil Industry received the Gold Tower Order of Industrial Service Merit from the Ministry of Trade, Industry and Energy (MOTIE) last year.
The investment aims to expand the automotive parts sector from Gyeongju’s Oedong to the Angang region in the north, broadening the industry’s cluster across the city and attracting technologically superior enterprises to elevate Gyeongju as a hub for advanced automotive parts. This has been welcomed with growing anticipation among the local populace.
You Ki-duk, CEO of Duckil Industry, stated, “Our investment in the Gyeongju facility erscores our commitment to excellence, with stringent quality controls and state-of-the-art production and testing infrastructure. By reinvesting over of our annual revenue in R&D, our ambition is to spearhead the automotive parts industry as a globally recognized technology leader. We plan to prioritize the employment of Gyeongju residents at the new facility, fostering growth alongside the community.”
Lee Dal-hee, Gyeongsangbuk-do’s Vice Governor for Economic Planning, said, “In an era of rapidly evolving industries, only the innovators that constantly challenge thrive. We are grateful to Duckil Industry for its forward-thinking investment despite the challenge and we extend our full support toward its journey to becoming the top global leader in automotive electronic parts.”
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- 담당부서 :
- Gyeongsangbuk-do Provincial Gove
- 전화번호 :
- 054-880-4614
