Chronology

1948
Established Poongsung Industrial Co., Ltd.
Commenced the manufacturing and sale of automotive electronics and telecommunication devices
Established Poongsung Industrial Co., Ltd. Commenced the manufacturing and sale of automotive electronics and telecommunication devices
1968
Poongsung Industrial Co., Ltd. was renamed to Poongsung Electric Co., Ltd.
Poongsung Industrial Co., Ltd. was renamed to Poongsung Electric Co., Ltd.
1976
Established Poongsung Precision Machinery Co., Ltd. in Changwon Industrial Complex (as a joint venture between Poongsung Electric and DENSO of Japan)
1977
Jan
Poongsung Precision Machinery became the first in Korea to supply dashboards for Hyundai Motor Company
1978
Poongsung Electric was selected as a specialized auto parts plant by Ministry of Commerce and Industry (currently Ministry of Trade, Industry and Energy)
1979
Poongsung Precision Machinery was renamed to Poongsung Precision Co., Ltd.
1980
Sep
Poongsung Electric completed Changwon Plant (combining its Electronics BU and HVAC BU)
1983
Poongsung Precision exceeded cumulative automotive dashboard production of 500,000 units
Poongsung Electric exceeded revenue of KRW 10 billion
1984
Poongsung Precision exceeded revenue of KRW 5 billion
1986
Poongsung Electric exceeded revenue of KRW 20 billion
Poongsung Precision exceeded revenue of KRW 20 billion
1987
Poongsung Electric exceeded revenue of KRW 30 billion
1988
Poongsung Electric exceeded revenue of KRW 50 billion
1989
Poongsung Precision exceeded revenue of KRW 30 billion
1990
Poongsung Electric was selected as 1st Grade Quality Control Plant by Industrial Promotion Agency
Poongsung Precision exceeded cumulative automotive dashboard production of 1 million units
1991
Poongsung Precision established an internal R&D center
Poongsung Electric exceeded revenue of KRW 100 billion
1992
Poongsung Precision was selected as 1st Grade Plant by Hyundai Motor Company
1993
Poongsung Electric won the grand prize for productivity in automation category from Korea Productivity Center
Poongsung Electric extended fuel pump line in Changwon Plant (annual capacity of 1 million units)
Poongsung Precision won Quality Management Excellence Prize from Kia Motors
1994
Poongsung Precision exceeded cumulative automotive dashboard production of 10 million units
Poongsung Precision developed a fuel pump module, with fuel pumps supplied by Poongsung Electric
Poongsung Precision developed the world’s first hall type speed sensor (for both passenger and commercial vehicles)
Poongsung Precision won the Presidential Citation in taxation category
1995
Poongsung and DENSO exhibited at the Seoul Motor Show
Poongsung Electric won the Iron Tower Order of Industrial Service Merit at the 22nd Commerce & Industry Day
Poongsung Electric acquired KSA/ISO-9001 certification
Poongsung Electric acquired KSA/ISO-9001 certification
1996
Poongsung Precision developed the SIFS type of fuel pump module (1994)
Poongsung Electric acquired 100PPM quality certification
1997
Nov
DENSO established DENSO Sales Korea Co., Ltd. within the Seoul sales office[25th]
1998
DENSO acquired additional shares in Poongsung Precision (50% -> 51%)
Poongsung Precision developed SM Multi Meter (Korea’s first meter covering altitude, bearing, atmospheric pressure, and environment around a vehicle)
Poongsung Precision developed EOLS
Poongsung Precision developed V-type LCD SM (LCD count)
1999
Poongsung Precision developed Honda GCH (first development for Japanese market)
Poongsung Precision acquired QS9000/ISO14001 certification
2000
Poongsung Precision produced and supplied Multi Meter
Oct
DENSO signed a joint venture contract with ASMO Co. Ltd.
Poongsung Electric was funded by DENSO (DENSO + ASMO = 40%) [6th]
2001
Jan
[Poongsung Electric relocated its headquarters from Seoul to Changwon [1st]
Apr
DENSO Poongsung Electronics relocated its SIFS unit to DENSO Poongsung
Poongsung Electric was renamed to DENSO Poongsung Co., Ltd.
Poongsung Electric was renamed to DENSO Poongsung Co., Ltd.
Poongsung Precision was renamed to DENSO Poongsung Electronics Co., Ltd.
DENSO Poongsung Electronics exceeded cumulative automotive dashboard production of 20 million units
DENSO Poongsung exceeded revenue of KRW 200 billion
2002
DENSO Poongsung acquired ISO-14001 certification
DENSO Poongsung Electronics won 1st Grade for quality from Ssangyong Motor
DENSO Sales Korea Corp. was converted into a joint venture through an investment from Poongsung Motors
DENSO Poongsung Electronics developed Stepper Motor GA & SM (S/Motor for SM.TM.GA)
DENSO Poongsung Electronics exceeded revenue of KRW 100 billion
2003
May
DENSO Poongsung commenced construction of Hongseong Plant [30th]
DENSO Poongsung Electronics won Hyundai/Kia Quality Prize
DENSO Poongsung Electronics won 2002 DENSO Group President Prize (top prize)
DENSO Poongsung Electronics produced Stepper Motor Cluster
DENSO Poongsung mass-produced VCT, CVVT (separate type), KK-TCI 5.5kw Starter, and SIFS SERATO
DENSO Poongsung conducted a rights issue (KRW 26.5 billion)
DENSO Sales Korea commenced market sales (robot lineup) and GMDAT (currently GM KOREA) sales
DENSO Poongsung exceeded revenue of KRW 300 billion
2004
Dec
DENSO Poongsung won Industrial Service Medal at the 4th Foreign Company Day [15th]
DENSO Poongsung completed Hongseong Plant
DENSO Poongsung and DENSO Poongsung Electronics acquired ISO/TS 16949 certification
DENSO Poongsung Electronics won 2003 DENSO Group President Prize (excellence prize)
DENSO Poongsung mass-produced STICK COIL
DENSO Poongsung Electronics developed APS
DENSO Sales Korea commenced sales of SPARK PLUG (domestic, import) and G COIL (CNG BUS)
and repair service for diesel CRS (common rail system) (for domestic commercial)
2005
DENSO Poongsung Electronics won Exemplary Taxpayer Prize
DENSO Poongsung Electronics developed VQ AC Panel and Jam Pro
2006
DENSO Poongsung Electronics exceeded cumulative cluster production of 30 million units
DENSO Poongsung exceeded revenue of KRW 400 billion
DENSO Poongsung Electronics established a Chinese subsidiary TPE (currently DTBP) and commenced its production
2007
Feb
Gyeonggido signed USD 25 million-worth MOU with DENSO of Japan for construction of Hwaseong Plant [28th]
DENSO Poongsung Electronics acquired 5-star technology grade from Hyundai/Kia
DENSO Poongsung Electronics won the Auto Parts Industry Grand Prize
DENSO Poongsung Electronics developed a meter for Japanese vehicle [Suzuki Cluster]
2008
Jul
DENSO Sales Korea commenced Auto ID line (scanner, RFID, etc.)
DENSO Poongsung completed Hwaseong Plant
DENSO Poongsung Electronics won Supplier of the Year from Hyundai Motor Group Leader
DENSO Poongsung Electronics won the Korean QC Circle Grand Prize
DENSO Poongsung Electronics commenced production of clusters for Japanese vehicles (SUZUKI, MAZDA)
DENSO Poongsung Electronics developed a meter for Japanese vehicles Mazda Dis
2009
DENSO Sales Korea won the DENSO Group Sales Group Leader Prize
DENSO Sales Korea was relocated to Yangjae office
DENSO Sales Korea exceeded revenue of KRW 200 billion
DENSO Poongsung mass-produced OCV (separate type) and developed a low-end standard sharing module for SIFS-Ru
2010
DENSO Poongsung Electronics won the Industrial Peace Grand Prize from Gyeongsangnamdo
DENSO Poongsung Electronics exceeded revenue of KRW 300 billion
DENSO Poongsung mass-produced D3 ETC
2011
Mar
DENSO Poongsung Electronics celebrated groundbreaking of a new plant for its Chinese subsidiary TPE (currently DTBP) [17th]
Jun
DENSO Sales Korea won the 2010 DENSO President Prize [27th]
Nov
DENSO Sales Korea celebrated groundbreaking of its new office building [11th]
Dec
DENSO Poongsung Electronics won the 70 Million Dollar Export Tower Award [19th]
DENSO Poongsung exceeded revenue of KRW 500 billion
2012
Mar
DENSO Poongsung Electronics celebrated completion of the new plant for its Chinese subsidiary TPE (currently DTBP) [21st]
Aug
DENSO Poongsung Electronics signed MOU with Changwon City [30th]
Sep
DENSO Poongsung Electronics was selected as Excellent Job Creator by Changwon City with a citation [13th]
Dec
DENSO Poongsung Electronics won the 100 Million Dollar Export Tower Award [5th]
Dec
DENSO Poongsung Electronics signed a contract for investing in the Changwon Industrial Complex [11th]
DENSO Poongsung acquired OHSAS 18001 certification
DENSO Sales Korea won the Supplier of the Year from Hyundai Motor Group
DENSO Poongsung Electronics developed Hyundai’s first HUD (KH)
DENSO Poongsung Electronics exceeded revenue of KRW 400 billion
DENSO Poongsung Electronics commenced development of SMK (2012 - to date)
DENSO Poongsung Electronics developed its first 12.3” TFT LCD cluster for K9 (KH)
DENSO Sales Korea directly supplied ADAS with the first radar mass-produced abroad (2012 - to date)
DENSO Sales Korea won the Supplier of the Year from Hyundai Motor Group
2013
Jan
DENSO Poongsung Electronics won the Supplier of the Year from Hyundai Motor Group [11th]
Mar
DENSO Poongsung Electronics won the Iron Tower Order of Industrial Service Merit at the 47th Taxpayer’s Day [4th]
Apr
DENSO Poongsung Electronics established subsidiary DENSO POLAND Sp.zo.o. (DNPO) and commenced its operation [5th]
May
DENSO signed a contract with Changwon City for purchasing a site in the Changwon Industrial Complex [22nd]
Jun
DENSO Poongsung Electronics exceeded cumulative cluster production of 50 million units [21st]
Jun
DENSO Poongsung Electronics: Changwon City declared “DENSO Company Day” for its massive investments in the city [23rd]
Jul
DENSO Poongsung Electronics celebrated groundbreaking of a new plant in the Changwon Industrial Complex [1st]
Jul
DENSO president Kato was selected as an honorary citizen of Changwon [1st]
Jul
DENSO of Japan signed MOU with Gyeonggido for additional investment of 45 million dollars for extending Hwaseong Plant [18th]
Oct
Renaming
DENSO Poongsung -> DENSO Korea Automotive (DNKA)
DENSO Poongsung Electronics -> DENSO Korea Electronics (DNKE)
DENSO Sales Korea -> DENSO International Korea (DIKR) [1st]
Oct
DIKR celebrated completion of its Technical Center (actual completion date: Nov 2012) [1st]
Oct
DNKE won the CEO of the Year (2013) from Changwon City [26th]
Nov
DNKE won the Industrial Minister Prize in materials & parts category at the IMAC 2013 [3rd]
Dec
DNKA won the 300 Million Dollar Export Tower Award [10th]
Dec
DNKE won the 200 Million Dollar Export Tower Award [10th]
DNKA developed a high-energy ignition coil (COP)
DNKE developed an LFa AC panel
2014
Jan
DENSO signed an investment MOU with Gyeonggido [16th]
Oct
DIKR extended the wind tunnel at Uiwang R&D Center [1st]
Oct
DNKA won the Silver Tower Order of Industrial Service Merit [30th]
DNKA extended its passenger car HVAC line at Hwaseong Plant
DNKE relocated its plant to Masan, Changwon City
2015
Apr
DNKE celebrated completion of its new plant [21st]
Oct
DNKA: Changwon City declared “DENSO Company Day” for localizing auto parts [20th]
DNKA mass-produced HVAC for passenger car
DNKA mass-produced AT LINEAR for AT SOL FR8 GEN2
DIKR won the grand prize in paper category at the 2nd International HVAC Symposium held by Hyundai Motor Group
DNKA mass-produced CVVT (integrated type)
DNKA exceeded revenue of KRW 600 billion
2017
DNKE developed Hyundai’s first combiner HUD (OS)
DNKE developed DENSO’s first resin concave mirror HUD (CK)
DIKR won the excellence prize in paper category at the 4th International HVAC Symposium held by Hyundai Motor Group
DIKR commenced sales of compressors (for import car)
2018
Jul
DENSO Korea Automotive (DNKA),
DENSO Korea Electronics (DNKE) and
DENSO International Korea (DIKR) were incorporated
into one company - DENSO Korea Co., Ltd. [1st]
into one company - DENSO Korea Co., Ltd.
Dec
DENSO Korea won the Export Merit Tower Prize at the Gyeongnam Trader Awards [12th]
2019
DENSO Korea developed a capacitive AC panel (DL3)
DENSO Korea mass-produced ultra-high energy coil (CRICs)
2020
Developed Hyundai’s first integrated cluster
Mass-produced an integrated CVVT valve
2021
Jul
DENSO Korea was selected as Excellent Quality Automotive Supplier [12th]
Dec
DENSO Korea was selected as a Biodiversity Conservation Partner by Changwon City [13th]
2022
Feb
DENSO Korea won the Supplier of the Year - Special Prize (2021) from Hyundai Motor Group [24th]
May
DENSO Korea was ranked 1st in the region at the Facility of the Year 2021 [16th]
Jun
DENSO Korea won the 2021 DENSO OEM Sales Group Leader Prize [14th]
Jun
DENSO Korea was selected as an Excellent Supplier in the New Car 100 Day Campaign [24th]