October 25, 2014     Japanese 
	  Network - Home
JCN Newswire
  Home  |  Companies  | Annual Reports  |  CSR  | News Alerts     
IHI and Hyundai WIA Launch Vehicle Turbocharger JV in South Korea

Tokyo, Aug 9, 2013 (JCN) - IHI Corporation concluded a JV Agreement for its Vehicular Turbocharger business on 8th August with Hyundai WIA Corporation, a major automobile parts manufacturer and a major subsidiary of Hyundai-Kia Motor Group, the top South Korean automobile manufacturer.

The Vehicular Turbocharger business unit of IHI Group has seven plants world-wide and keeps its sustainable growth to the target at 7 million units per year production in FY2015.

Market demand continues to grow as new applications in line with new down-sized engines and government regulation for fuel consumption and exhaust emission. IHI Group's Turbocharger business aims at a target of 10 million units per year sales.

The Vehicular Turbocharger business unit of IHI Group is already the No.1 brand in Asian markets, including China, Japan and Thailand. IHI is strengthening its position as the No.1 brand in Asia through the joint-business in South Korea.

By Jun Ota Staff Writer

Copyright © 2014 JCN. All rights reserved. A division of Japan Corporate News Network KK.

ACN Newswire

 Recent  IHI Corporation News  
  IHI to Participate in GE9X Engine Program  (July 12, 2014)
  IHI to Supply SPB Tanks for Floating LNG Storage & Regasification Unit for Chinese Wison Group  (June 5, 2014)
  IHI and Hyundai WIA Launch Vehicle Turbocharger JV in South Korea  (Aug 9, 2013)
  Sundrop Fuels Selects IHI E&C for its Inaugural Gas to Gasoline Plant  (July 10, 2013)
  IHI, JGC Take Equity Stake in Estaleiro Atlantico Sul  (June 12, 2013)
  IHI E&C International Awarded FEED for Urea Project  (Jan 17, 2013)
  Callide Oxyfuel Project Enters World's-first Demonstration Phase for Process of Oxyfuel Technology & CO2 Liquefaction  (Dec 18, 2012)
  Japanese-led Consortium Wins FEED Contract for Floating LNG Unit from PETRONAS  (Sept 12, 2012)
  IHI, Xenesys and Yokogawa Win Experimental Deep Seawater Power Generation Project  (July 20, 2012)
  JX Nippon, IHI and DENSO Establish Japan Association for Microalgae Fuels (JMAF)  (June 28, 2012)

 Recent  Automobile Parts and Manufacturing News   
Bridgestone Ologic Tyre Technology Wins BMW Innovation Supplier Award  (Oct 13, 2014)
NTN Delivers Two-seater EV Equipped with 'In-wheel Motor' to Shizuoka Prefecture (Oct 8, 2014)
Yamaha Motor Automobile Engine Production Reaches 3 Million (June 16, 2014)
NTN to Exhibit at Auto China 2014 (Apr 18, 2014)
Bridgestone to Build Passenger Car Tire Plant in Russia (Apr 14, 2014)
Suzuki Sets Up Outboard Motor Distributor in China (Apr 11, 2014)
Yokohama Rubber, JAXA Succeed in World's First Simulation of Acoustics around a Rolling Tire (Mar 20, 2014)
Bridgestone Sole Tire Supplier of "Shell Advance Asia Talent Cup" (Mar 19, 2014)
Nissan to Establish New JV in the Philippines (Dec 12, 2013)
NTN Develops 'Super Low Friction Hub Bearing' (Dec 4, 2013)

More Automobile Parts and Manufacturing news...

 Recent  Engineering News   
JFE Engineering Myanmar JV Makes First Shipment of a Bridge Block (July 25, 2014)
Suzuki Outboard Motor Achieves Accumulated Global Production of 3 Million Units (July 24, 2014)
IHI to Participate in GE9X Engine Program (July 12, 2014)
Marubeni to Create Minera Centinela, New Mining Company in Chile (July 5, 2014)
Asahi Kasei Develops New Transparent Polymer for Optical Applications (July 2, 2014)
Teijin Develops Advanced Outerwear Fabric (June 16, 2014)
IHI to Supply SPB Tanks for Floating LNG Storage & Regasification Unit for Chinese Wison Group (June 5, 2014)
Yokogawa Wins Order for Saudi Arabia's First Supercritical Thermal Power Plant (May 14, 2014)
Dainippon Screen to Release Transparent Electrodes Monitor for Touch Panels (Apr 22, 2014)
Teijin DuPont Films Develops World-class Flame-retardant Film (Apr 8, 2014)

More Engineering news...
CSR Report Download
Annual Reports

  More >>    
Most Popular

About JCN | Privacy Policy | Terms of Use | JCN Network (日本語)