FreeMs, established in 1989, is a specialized company in comprehensive electrical components for heavy equipment, possessing core control technology development and manufacturing capabilities for construction equipment wire harnesses, MCUs, and clusters. Since its KOSDAQ listing in 2001, the company has continuously strived for market leadership through technological innovation and R&D. It maintains a diversified business structure, encompassing electrical components for construction and industrial vehicles, as well as financial terminal businesses. The company strengthens its competitiveness in domestic and international markets based on excellent human resources and technological prowess.FreeMs,establishedin1989,isaspecializedcompanyincomprehensiveelectricalcomponentsforheavyequipment,possessingcorecontroltechnologydevelopmentandmanufacturingcapabilitiesforconstructionequipmentwireharnesses,MCUs,andclusters.SinceitsKOSDAQlistingin2001,thecompanyhascontinuouslystrivedformarketleadershipthroughtechnologicalinnovationandR&D.Itmaintainsadiversifiedbusinessstructure,encompassingelectricalcomponentsforconstructionandindustrialvehicles,aswellasfinancialterminalbusinesses.Thecompanystrengthensitscompetitivenessindomesticandinternationalmarketsbasedonexcellenthumanresourcesandtechnologicalprowess.
Key Products/TechnologiesKeyProducts/Technologies
The main product lines include heavy equipment wire harnesses and various electronic control units. Wire harnesses, comprising Main/Frame, Cabin, and Engine harnesses, are essential components for transmitting electrical signals and current in construction machinery, industrial vehicles, special vehicles, and automobiles. The company develops and produces MCUs (MCU 9, STAGE V MCU) for excavator state input and output control. Cluster product lines (HX85A CLUSTER, Cluster 9A, Mini Cluster 9A/9AK) provide graphical displays of excavator status to operators. Specialized control units such as DCU for railway vehicle door control, MICOM for railway vehicle HVAC, and OSS CTRL for concrete pump truck safety systems are also offered. Core technologies include proportional valve control technology for hydraulic control, Governor Motor control technology, heavy equipment control technology, and CAN Communication control technology. Additionally, the company engages in OEM production of financial terminals like sports toto, horse race betting machines, and KIOSKs.Themainproductlinesincludeheavyequipmentwireharnessesandvariouselectroniccontrolunits.Wireharnesses,comprisingMain/Frame,Cabin,andEngineharnesses,areessentialcomponentsfortransmittingelectricalsignalsandcurrentinconstructionmachinery,industrialvehicles,specialvehicles,andautomobiles.ThecompanydevelopsandproducesMCUs(MCU9,STAGEVMCU)forexcavatorstateinputandoutputcontrol.Clusterproductlines(HX85ACLUSTER,Cluster9A,MiniCluster9A/9AK)providegraphicaldisplaysofexcavatorstatustooperators.SpecializedcontrolunitssuchasDCUforrailwayvehicledoorcontrol,MICOMforrailwayvehicleHVAC,andOSSCTRLforconcretepumptrucksafetysystemsarealsooffered.Coretechnologiesincludeproportionalvalvecontroltechnologyforhydrauliccontrol,GovernorMotorcontroltechnology,heavyequipmentcontroltechnology,andCANCommunicationcontroltechnology.Additionally,thecompanyengagesinOEMproductionoffinancialterminalslikesportstoto,horseracebettingmachines,andKIOSKs.
Core AdvantagesCoreAdvantages
A strong position as a comprehensive electrical component company for heavy equipment, accumulating manufacturing capabilities for wire harnesses and control technologies for construction equipment. The company's R&D center enables a total solution approach, from component design to development, manufacturing, and commercialization. Operation of a One Stop Line System, with extensive experience in multi-product small-batch production and proprietary development processes, ensures quick response to diverse customer needs. Market competitive advantage is secured through the proprietary nature of its electrical component manufacturing technology and stringent quality approval procedures. Leading the localization of core components such as MCUs, clusters, and Flasher Units for construction equipment, contributing to the competitiveness of the domestic construction equipment industry. A stable business structure is maintained by securing major clients like HD Hyundai Construction Equipment, HD Hyundai XiteSolution, HD Hyundai Infracore, and Doosan Bobcat Korea. Strategic capabilities include maximizing management efficiency and flexibly responding to market changes through the integration of the electrical component and machine control business divisions.Astrongpositionasacomprehensiveelectricalcomponentcompanyforheavyequipment,accumulatingmanufacturingcapabilitiesforwireharnessesandcontroltechnologiesforconstructionequipment.Thecompany'sR&Dcenterenablesatotalsolutionapproach,fromcomponentdesigntodevelopment,manufacturing,andcommercialization.OperationofaOneStopLineSystem,withextensiveexperienceinmulti-productsmall-batchproductionandproprietarydevelopmentprocesses,ensuresquickresponsetodiversecustomerneeds.Marketcompetitiveadvantageissecuredthroughtheproprietarynatureofitselectricalcomponentmanufacturingtechnologyandstringentqualityapprovalprocedures.LeadingthelocalizationofcorecomponentssuchasMCUs,clusters,andFlasherUnitsforconstructionequipment,contributingtothecompetitivenessofthedomesticconstructionequipmentindustry.AstablebusinessstructureismaintainedbysecuringmajorclientslikeHDHyundaiConstructionEquipment,HDHyundaiXiteSolution,HDHyundaiInfracore,andDoosanBobcatKorea.Strategiccapabilitiesincludemaximizingmanagementefficiencyandflexiblyrespondingtomarketchangesthroughtheintegrationoftheelectricalcomponentandmachinecontrolbusinessdivisions.
Target IndustrieTargetIndustrie
Supply of core electrical components to the construction heavy equipment industry, including excavators, wheel loaders, and concrete pump trucks. Application of wire harnesses and control units in industrial vehicle sectors such as forklifts, special vehicles, and tractors. Provision of door control unit (DCU) and HVAC control unit (MICOM) solutions for the railway vehicle sector. Supply of wire harnesses for the automotive industry. Entry into the financial terminal market with products like sports toto, horse race betting machines, and KIOSKs.Supplyofcoreelectricalcomponentstotheconstructionheavyequipmentindustry,includingexcavators,wheelloaders,andconcretepumptrucks.Applicationofwireharnessesandcontrolunitsinindustrialvehiclesectorssuchasforklifts,specialvehicles,andtractors.Provisionofdoorcontrolunit(DCU)andHVACcontrolunit(MICOM)solutionsfortherailwayvehiclesector.Supplyofwireharnessesfortheautomotiveindustry.Entryintothefinancialterminalmarketwithproductslikesportstoto,horseracebettingmachines,andKIOSKs.
Major MarketsMajorMarkets
China, JapanChina,Japan
Certifications/PatentsCertifications/Patents
Acquisition of ISO14001 environmental management system certification. History of patent applications related to multi-test controller hardware and software. SIL2 safety integrity level certification for railway vehicle DCU products. Awards include the Factory Innovation Award in 1997 and the Quality Innovation Award in 2000. Received commendations as a diligent taxpayer in 2005 and 2018. Continuous efforts in technology development and advancement through its corporate R&D center.AcquisitionofISO14001environmentalmanagementsystemcertification.Historyofpatentapplicationsrelatedtomulti-testcontrollerhardwareandsoftware.SIL2safetyintegritylevelcertificationforrailwayvehicleDCUproducts.AwardsincludetheFactoryInnovationAwardin1997andtheQualityInnovationAwardin2000.Receivedcommendationsasadiligenttaxpayerin2005and2018.ContinuouseffortsintechnologydevelopmentandadvancementthroughitscorporateR&Dcenter.
Introduction
Location
Samjak-ro 171beon-gil, Bucheon-si, Gyeonggi-do, South Korea
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Information
Samjak-ro 171beon-gil, Bucheon-si, Gyeonggi-do, South Korea