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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Daedong Gear wins KRW 1.24 trillion order from Hyundai Motor and Hyundai Transys · Endata

◂ Announcements

Dec 3, 2024CONTRACTSouth Korea

Daedong Gear wins KRW 1.24 trillion order from Hyundai Motor and Hyundai Transys

Daedong Gear, a power-train specialist of Daedong Group, has secured a contract worth approximately KRW 1.2398 trillion to supply next-generation hybrid vehicle ASS'Y parts and EV platform reducer modules to Hyundai Motor and Hyundai Transys. Supply will run from 2025 to 2036.

Value

$900.0M (1239.8B KRW)

Status

Announced

Productshybrid vehicle ASS'Y partsEV platform reducer modules

CompaniesHyundai Motor Company customer Hyundai Transys customer Daedong Gear supplier

Sectors#Automotive Components

“이번 수주를 바탕으로 국내외 전기차 시장뿐만 아니라 하이브리드 모듈화 부품 사업영역 확장을 지속적으로 추진하겠다”mk.co.kr

1 source
mk.co.kr대동기어, 1조2400억원 전동화 차량 핵심 부품 수주 - 매일경제이호준 기자Dec 3, 2024

Summarized from public sources; check the original articles before acting on it.

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