Deok Chang Machinery Co., Ltd. is a company that has contributed to the development of the automotive industry since its establishment as Deok Chang Enterprise Co., Ltd. in 1976. It possesses the capability to professionally produce core components such as steering, braking, and transmission systems for 4-wheel and 2-wheel vehicles. The company also demonstrates technological prowess in drive systems and power transmission devices for cinemas. It focuses on securing customer satisfaction through continuous company-wide quality management activities. Actively responding to rapidly changing business environments, it operates as a specialized manufacturing enterprise. The company concentrates on developing core components for special purpose vehicles, including commercial vehicles, forklifts, and multi-purpose vehicles. A technology-oriented company contributing to various domestic and international industrial sectors.DeokChangMachineryCo.,Ltd.isacompanythathascontributedtothedevelopmentoftheautomotiveindustrysinceitsestablishmentasDeokChangEnterpriseCo.,Ltd.in1976.Itpossessesthecapabilitytoprofessionallyproducecorecomponentssuchassteering,braking,andtransmissionsystemsfor4-wheeland2-wheelvehicles.Thecompanyalsodemonstratestechnologicalprowessindrivesystemsandpowertransmissiondevicesforcinemas.Itfocusesonsecuringcustomersatisfactionthroughcontinuouscompany-widequalitymanagementactivities.Activelyrespondingtorapidlychangingbusinessenvironments,itoperatesasaspecializedmanufacturingenterprise.Thecompanyconcentratesondevelopingcorecomponentsforspecialpurposevehicles,includingcommercialvehicles,forklifts,andmulti-purposevehicles.Atechnology-orientedcompanycontributingtovariousdomesticandinternationalindustrialsectors.
Key Products/TechnologiesKeyProducts/Technologies
Steering Systems for 4-wheel Vehicles: A wide range of models including Steering Columns, Intermediate Shafts, Power Steering Gears, and Select Low Valves. Notably, the company has developed air cylinder type steering columns using air pressure and vibration-reducing I-Shafts incorporating anti-vibration alloys. These components accurately transmit driver steering intentions, playing a crucial role in safe driving.SteeringSystemsfor4-wheelVehicles:AwiderangeofmodelsincludingSteeringColumns,IntermediateShafts,PowerSteeringGears,andSelectLowValves.Notably,thecompanyhasdevelopedaircylindertypesteeringcolumnsusingairpressureandvibration-reducingI-Shaftsincorporatinganti-vibrationalloys.Thesecomponentsaccuratelytransmitdriversteeringintentions,playingacrucialroleinsafedriving.
Braking and Transmission Systems for 4-wheel Vehicles: Production capabilities for Drum Brakes and Continuously Variable Transmissions (CVT). The company has a history of developing medium-to-low speed, high-efficiency lightweight CVTs and obtaining patents for automatic continuously variable transmissions utilizing centrifugal weights.BrakingandTransmissionSystemsfor4-wheelVehicles:ProductioncapabilitiesforDrumBrakesandContinuouslyVariableTransmissions(CVT).Thecompanyhasahistoryofdevelopingmedium-to-lowspeed,high-efficiencylightweightCVTsandobtainingpatentsforautomaticcontinuouslyvariabletransmissionsutilizingcentrifugalweights.
Components for 2-wheel Vehicles (Motorcycles): Specialized production of braking and transmission system components such as Master Cylinders, Calipers, Driven Pulleys, Disc Plates, Brake Pads, and Brake Shoes. The company was the first in Korea to develop a driven pulley with a disc clutch system, eliminating springs and weights, resulting in a 20% reduction in production costs.Componentsfor2-wheelVehicles(Motorcycles):SpecializedproductionofbrakingandtransmissionsystemcomponentssuchasMasterCylinders,Calipers,DrivenPulleys,DiscPlates,BrakePads,andBrakeShoes.ThecompanywasthefirstinKoreatodevelopadrivenpulleywithadiscclutchsystem,eliminatingspringsandweights,resultingina20%reductioninproductioncosts.
Other Special Purpose Components: Supply of drive systems and power transmission devices for cinemas, as well as components for electric carts (transaxles, steering systems, braking systems), and agricultural machinery parts. The company uniquely developed a high-output U/JOINT (telescopic shaft) for vehicles in Korea, demonstrating superior durability compared to U/Joints applied in Toyota vehicles in Japan.OtherSpecialPurposeComponents:Supplyofdrivesystemsandpowertransmissiondevicesforcinemas,aswellascomponentsforelectriccarts(transaxles,steeringsystems,brakingsystems),andagriculturalmachineryparts.Thecompanyuniquelydevelopedahigh-outputU/JOINT(telescopicshaft)forvehiclesinKorea,demonstratingsuperiordurabilitycomparedtoU/JointsappliedinToyotavehiclesinJapan.
Core AdvantagesCoreAdvantages
Over 40 Years of Experience and Accumulated Technical Know-how: A long history of expertise and experience in the automotive parts sector since the establishment of Deok Chang Enterprise Co., Ltd. in 1976. Continuous growth achieved even after its incorporation as Deok Chang Machinery Co., Ltd. in 1998.Over40YearsofExperienceandAccumulatedTechnicalKnow-how:AlonghistoryofexpertiseandexperienceintheautomotivepartssectorsincetheestablishmentofDeokChangEnterpriseCo.,Ltd.in1976.ContinuousgrowthachievedevenafteritsincorporationasDeokChangMachineryCo.,Ltd.in1998.
Independent Technology Development Capabilities and R&D Investment: Continuous technological innovation through the establishment and operation of its own technology research institute. Expansion of its technology portfolio through the execution of numerous government R&D projects and patent acquisitions.IndependentTechnologyDevelopmentCapabilitiesandR&DInvestment:Continuoustechnologicalinnovationthroughtheestablishmentandoperationofitsowntechnologyresearchinstitute.ExpansionofitstechnologyportfoliothroughtheexecutionofnumerousgovernmentR&Dprojectsandpatentacquisitions.
Market-Leading Product Development and Contribution to Localization: A history of holding a high market share of approximately 95% in the domestic two-wheeled vehicle CVT market. Contributing to the technological self-reliance and competitiveness of the domestic commercial vehicle and industrial vehicle markets through the localization of imported components.Market-LeadingProductDevelopmentandContributiontoLocalization:Ahistoryofholdingahighmarketshareofapproximately95%inthedomestictwo-wheeledvehicleCVTmarket.Contributingtothetechnologicalself-relianceandcompetitivenessofthedomesticcommercialvehicleandindustrialvehiclemarketsthroughthelocalizationofimportedcomponents.
Company-wide Quality Management for High-Quality Assurance: Acquisition of multiple international quality and environmental certifications, including ISO 9001, QS-9000, ISO/TS 16949, IATF 16949, and ISO 14001. Operation of a rigorous quality control system prioritizing customer satisfaction.Company-wideQualityManagementforHigh-QualityAssurance:Acquisitionofmultipleinternationalqualityandenvironmentalcertifications,includingISO9001,QS-9000,ISO/TS16949,IATF16949,andISO14001.Operationofarigorousqualitycontrolsystemprioritizingcustomersatisfaction.
Expandability into Diverse Industrial Sectors: Flexibility in expanding business areas beyond automotive and two-wheeled vehicle parts to various special purpose vehicles and equipment components, such as electric carts, agricultural machinery, and cinema drive systems.ExpandabilityintoDiverseIndustrialSectors:Flexibilityinexpandingbusinessareasbeyondautomotiveandtwo-wheeledvehiclepartstovariousspecialpurposevehiclesandequipmentcomponents,suchaselectriccarts,agriculturalmachinery,andcinemadrivesystems.
External Recognition for Superior Technology: Numerous awards, including the IR52 Jang Young-sil Award, Small and Medium Business Grand Prize, and Minister of Knowledge Economy Award. Certification as an excellent technology evaluation company (in the steering system field) demonstrating technological competitiveness.ExternalRecognitionforSuperiorTechnology:Numerousawards,includingtheIR52JangYoung-silAward,SmallandMediumBusinessGrandPrize,andMinisterofKnowledgeEconomyAward.Certificationasanexcellenttechnologyevaluationcompany(inthesteeringsystemfield)demonstratingtechnologicalcompetitiveness.
Target IndustriesTargetIndustries
Automotive Industry: Supply of steering, braking, and transmission system components for 4-wheel vehicles including passenger cars, commercial vehicles, buses, and forklifts. Possesses technology applicable to steering system components for electric buses and defense sectors.AutomotiveIndustry:Supplyofsteering,braking,andtransmissionsystemcomponentsfor4-wheelvehiclesincludingpassengercars,commercialvehicles,buses,andforklifts.Possessestechnologyapplicabletosteeringsystemcomponentsforelectricbusesanddefensesectors.
Two-wheeled Vehicle Industry: Supply of core components such as braking, steering, and transmission systems for motorcycles.Two-wheeledVehicleIndustry:Supplyofcorecomponentssuchasbraking,steering,andtransmissionsystemsformotorcycles.
Agricultural Machinery Industry: Contribution to the industry through the development and supply of agricultural machinery components.AgriculturalMachineryIndustry:Contributiontotheindustrythroughthedevelopmentandsupplyofagriculturalmachinerycomponents.
Mobility Industry: Production of transaxles, steering systems, and braking system components for golf carts and electric carts.MobilityIndustry:Productionoftransaxles,steeringsystems,andbrakingsystemcomponentsforgolfcartsandelectriccarts.
Cinema Industry: Supply of drive systems and power transmission device components for cinemas.CinemaIndustry:Supplyofdrivesystemsandpowertransmissiondevicecomponentsforcinemas.
Major MarketsMajorMarkets
India, ChinaIndia,China
Certifications/PatentsCertifications/Patents
IR52 Jang Young-sil Award (in the continuously variable transmission field, 1992).IR52JangYoung-silAward(inthecontinuouslyvariabletransmissionfield,1992).
Small and Medium Business Grand Prize (1994).SmallandMediumBusinessGrandPrize(1994).
Acquisition of patents for vehicle seat cushioning devices (Patent No. 0096419, 1996; Patent No. 0508785, 2005).Acquisitionofpatentsforvehicleseatcushioningdevices(PatentNo.0096419,1996;PatentNo.0508785,2005).
Acquisition of ISO 9001 certification (1997, 1999) and QS-9000 certification (2001).AcquisitionofISO9001certification(1997,1999)andQS-9000certification(2001).
Selected as a Venture Company and Promising Small and Medium Business (2003).SelectedasaVentureCompanyandPromisingSmallandMediumBusiness(2003).
Selected as a Parts and Materials Specialist Company (2005).SelectedasaPartsandMaterialsSpecialistCompany(2005).
Acquisition of ISO/TS 16949 and ISO 14001 certifications (2006).AcquisitionofISO/TS16949andISO14001certifications(2006).
Awarded the Minister of Knowledge Economy Award (for excellent parts development, 2008).AwardedtheMinisterofKnowledgeEconomyAward(forexcellentpartsdevelopment,2008).
Acquisition of a patent for a telescopic shaft (2009).Acquisitionofapatentforatelescopicshaft(2009).
Selected as an Innovative Small and Medium Business (MAIN-BIZ) (2010).SelectedasanInnovativeSmallandMediumBusiness(MAIN-BIZ)(2010).
Acquisition of a patent for a manufacturing method of a hollow shaft for universal joints (2011).Acquisitionofapatentforamanufacturingmethodofahollowshaftforuniversaljoints(2011).
Acquisition of a patent for a continuously variable transmission (CVT, 2014).Acquisitionofapatentforacontinuouslyvariabletransmission(CVT,2014).
Acquisition of IATF 16949 certification (2018).AcquisitionofIATF16949certification(2018).
Certification as an excellent technology evaluation company (in the steering system field, 2020).Certificationasanexcellenttechnologyevaluationcompany(inthesteeringsystemfield,2020).
Possession of 10 patents and a history of executing 8 government projects.Possessionof10patentsandahistoryofexecuting8governmentprojects.