Information
50 Gajeong-ro 37beon-gil, Seo-gu, Incheon, South Korea
+82 32-870-9555
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Overview
- Summary
- HANDS Corporation, established in 1972, is a specialized automotive wheel development and production company [database]. It holds the position of the No. 1 aluminum wheel manufacturer in Korea and ranks 5th-6th globally. The company supplies aluminum wheels in an OEM capacity to 7 out of the top 10 global automotive manufacturers, leading the global market. With a foundation in lightweight, high-strength, and eco-friendly technologies, it produces aluminum and magnesium wheels, contributing to the advancement of the next-generation automotive industry.HANDS Corporation, established in 1972, is a specialized automotive wheel development and production company [database]. It holds the position of the No. 1 aluminum wheel manufacturer in Korea and ranks 5th-6th globally. The company supplies aluminum wheels in an OEM capacity to 7 out of the top 10 global automotive manufacturers, leading the global market. With a foundation in lightweight, high-strength, and eco-friendly technologies, it produces aluminum and magnesium wheels, contributing to the advancement of the next-generation automotive industry.
- Key Products/Technologies
- Aluminum Alloy Wheels: Essential components supporting the vehicle's entire weight, handling driving and braking torque, road impacts, and lateral loads during cornering. These wheels are approximately one-third lighter than steel wheels, resulting in a 4-5% improvement in fuel efficiency and enhanced ride comfort due to superior shock absorption. The product lineup includes OEM wheels and high-performance aftermarket wheels (e.g., PR0004, PR0010, PR0011).Aluminum Alloy Wheels: Essential components supporting the vehicle's entire weight, handling driving and braking torque, road impacts, and lateral loads during cornering. These wheels are approximately one-third lighter than steel wheels, resulting in a 4-5% improvement in fuel efficiency and enhanced ride comfort due to superior shock absorption. The product lineup includes OEM wheels and high-performance aftermarket wheels (e.g., PR0004, PR0010, PR0011).
- Magnesium Wheels: Ultra-lightweight wheels, 25-35% lighter than aluminum wheels. The company has secured the world's first mass production technology for magnesium wheels using a low-pressure casting method. These products are forward-looking, significantly contributing to improved fuel economy and driving performance.Magnesium Wheels: Ultra-lightweight wheels, 25-35% lighter than aluminum wheels. The company has secured the world's first mass production technology for magnesium wheels using a low-pressure casting method. These products are forward-looking, significantly contributing to improved fuel economy and driving performance.
- PVD (Physical Vapor Deposition) Technology: An eco-friendly surface treatment technology that replaces chrome plating. It enables vibrant gloss and diverse color expressions, with the advantage of reduced wastewater discharge compared to traditional wet plating. The company operates the world's only PVD in-line facility, enhancing productivity and profitability.PVD (Physical Vapor Deposition) Technology: An eco-friendly surface treatment technology that replaces chrome plating. It enables vibrant gloss and diverse color expressions, with the advantage of reduced wastewater discharge compared to traditional wet plating. The company operates the world's only PVD in-line facility, enhancing productivity and profitability.
- Flow Forming Technology: A high-strength lightweight wheel manufacturing technique adapted from artillery shell production methods. Utilizing the world's largest flow forming facilities, it achieves reduced defect rates and increased productivity. This technology is applied to large-diameter wheel production, meeting the demand for high-value product categories.Flow Forming Technology: A high-strength lightweight wheel manufacturing technique adapted from artillery shell production methods. Utilizing the world's largest flow forming facilities, it achieves reduced defect rates and increased productivity. This technology is applied to large-diameter wheel production, meeting the demand for high-value product categories.
- Gravity Casting Technology: A unique casting method where molten metal is filled by gravity. This process allows for filling from the rim area, leading to solidification that enhances the wheel's strength and tensile properties. The company has demonstrated its technological prowess by presenting the first commercial 20-inch wheel developed using gravity casting in the domestic industry.Gravity Casting Technology: A unique casting method where molten metal is filled by gravity. This process allows for filling from the rim area, leading to solidification that enhances the wheel's strength and tensile properties. The company has demonstrated its technological prowess by presenting the first commercial 20-inch wheel developed using gravity casting in the domestic industry.
- MIR (Infrared Lamp Drying) Technology: A proprietary drying technology for painted wheels that significantly reduces defect rates. It addresses the shortcomings of conventional hot air drying, contributing to increased production efficiency and reduced losses. Patent registration for this technology further strengthens its competitive edge.MIR (Infrared Lamp Drying) Technology: A proprietary drying technology for painted wheels that significantly reduces defect rates. It addresses the shortcomings of conventional hot air drying, contributing to increased production efficiency and reduced losses. Patent registration for this technology further strengthens its competitive edge.
- Core Advantages
- Leading Global Market Position: As the No. 1 automotive wheel manufacturer in Korea and ranking 5th-6th globally, the company holds a strong market position. An annual production capacity of up to 13.5 million units allows for stable response to domestic and international demand. Global production bases in Morocco and China further strengthen its supply chain.Leading Global Market Position: As the No. 1 automotive wheel manufacturer in Korea and ranking 5th-6th globally, the company holds a strong market position. An annual production capacity of up to 13.5 million units allows for stable response to domestic and international demand. Global production bases in Morocco and China further strengthen its supply chain.
- Diversified Global Customer Portfolio: Supplying OEM products to 7 of the world's top 10 automakers, including Hyundai/Kia, GM, Renault-Nissan, Volkswagen, Ford, and FCA. This strategy reduces reliance on specific customers and ensures a stable revenue structure. The company's products meet the stringent quality standards of leading automotive manufacturers, proving their reliability.Diversified Global Customer Portfolio: Supplying OEM products to 7 of the world's top 10 automakers, including Hyundai/Kia, GM, Renault-Nissan, Volkswagen, Ford, and FCA. This strategy reduces reliance on specific customers and ensures a stable revenue structure. The company's products meet the stringent quality standards of leading automotive manufacturers, proving their reliability.
- Differentiated High-Value Technology: Possession of unique manufacturing technologies such as PVD in-line facilities, flow forming facilities, gravity casting, and low-pressure casting for magnesium wheels. Pioneering lightweight aluminum wheels and the world's first mass production of magnesium wheels, proactively responding to shifts in the eco-friendly vehicle market. Continuous R&D investment has resulted in over 30 patents, driving technological innovation.Differentiated High-Value Technology: Possession of unique manufacturing technologies such as PVD in-line facilities, flow forming facilities, gravity casting, and low-pressure casting for magnesium wheels. Pioneering lightweight aluminum wheels and the world's first mass production of magnesium wheels, proactively responding to shifts in the eco-friendly vehicle market. Continuous R&D investment has resulted in over 30 patents, driving technological innovation.
- Rigorous Quality Control and Certification System: Ensuring product reliability through a 2-3 year testing process for automotive wheels. Acquisition of international quality and environmental management system certifications including ISO/TS16949, ISO 14001, OHSAS 18001, and IATF 16949. Recognized with Ford Q1 Quality Certification and multiple consecutive 'Quality Competitiveness Excellence Company' awards, demonstrating global-level quality competitiveness.Rigorous Quality Control and Certification System: Ensuring product reliability through a 2-3 year testing process for automotive wheels. Acquisition of international quality and environmental management system certifications including ISO/TS16949, ISO 14001, OHSAS 18001, and IATF 16949. Recognized with Ford Q1 Quality Certification and multiple consecutive 'Quality Competitiveness Excellence Company' awards, demonstrating global-level quality competitiveness.
- Improved High-Profit Product Mix: An increasing proportion of sales from large-diameter wheels (18-20 inches) and a surge in demand for high-value product categories like PVD and flow forming. Proactive response to the growing demand for larger and high-value wheels driven by the increase in SUV and EV sales. Anticipated increases in Average Selling Price (ASP) and margins, leading to enhanced profitability.Improved High-Profit Product Mix: An increasing proportion of sales from large-diameter wheels (18-20 inches) and a surge in demand for high-value product categories like PVD and flow forming. Proactive response to the growing demand for larger and high-value wheels driven by the increase in SUV and EV sales. Anticipated increases in Average Selling Price (ASP) and margins, leading to enhanced profitability.
- Expansion into Global Plant Business: Expansion into emerging markets through the supply of aluminum wheel production facilities and technology transfer. Signed technology transfer and equipment supply contracts with Rockman Industries in India and Hi-Tech Alloy Wheel Limited in Pakistan. A strategy to generate additional revenue through royalties and expand the customer base.Expansion into Global Plant Business: Expansion into emerging markets through the supply of aluminum wheel production facilities and technology transfer. Signed technology transfer and equipment supply contracts with Rockman Industries in India and Hi-Tech Alloy Wheel Limited in Pakistan. A strategy to generate additional revenue through royalties and expand the customer base.
- Target Industrie
- Automotive Manufacturing Industry (OEM component supply for passenger cars, SUVs, eco-friendly vehicles, electric vehicles)Automotive Manufacturing Industry (OEM component supply for passenger cars, SUVs, eco-friendly vehicles, electric vehicles)
- Automotive Aftermarket and Tuning Industry (supply of high-performance tuning wheels)Automotive Aftermarket and Tuning Industry (supply of high-performance tuning wheels)
- Motorsports Industry (supply of racing car wheels)Motorsports Industry (supply of racing car wheels)
- Major Markets
- South Korea, China, India, Pakistan, JapanSouth Korea, China, India, Pakistan, Japan
- Germany, France, United Kingdom, Spain, Switzerland, Bulgaria, MoroccoGermany, France, United Kingdom, Spain, Switzerland, Bulgaria, Morocco
- United StatesUnited States
- AustraliaAustralia
- Certifications/Patents
- ISO/TS16949, ISO 14001, OHSAS 18001 (Occupational Health and Safety Management System) certificationsISO/TS16949, ISO 14001, OHSAS 18001 (Occupational Health and Safety Management System) certifications
- KOLAS (Korea Laboratory Accreditation Scheme) accreditation for testing laboratory (2016)KOLAS (Korea Laboratory Accreditation Scheme) accreditation for testing laboratory (2016)
- Ford Q1 Quality Certification (2017)Ford Q1 Quality Certification (2017)
- Establishment of a systematic quality management system through international certifications like IATF 16949Establishment of a systematic quality management system through international certifications like IATF 16949
- Selected as a 'Quality Competitiveness Excellence Company' for 5 consecutive years (2015-2020)Selected as a 'Quality Competitiveness Excellence Company' for 5 consecutive years (2015-2020)
- Designated as a 'World-Class Product and Producer' (2020)Designated as a 'World-Class Product and Producer' (2020)
- Obtained Korea's first automotive tuning part certification (for magnesium wheel MG0400, aluminum wheel PR0004)Obtained Korea's first automotive tuning part certification (for magnesium wheel MG0400, aluminum wheel PR0004)
- Patent: Method for manufacturing and installing a resonator for automotive wheel noise reductionPatent: Method for manufacturing and installing a resonator for automotive wheel noise reduction
- Patent: Infrared lamp drying device for aluminum wheelsPatent: Infrared lamp drying device for aluminum wheels
- Patent: Apparatus and method for manufacturing cast products using magnesium alloyPatent: Apparatus and method for manufacturing cast products using magnesium alloy
- Patent: Wheel manufacturing method using gravity casting and multi-stage flow formingPatent: Wheel manufacturing method using gravity casting and multi-stage flow forming
- Patent: Lightweight wheel manufacturing method using undercut formingPatent: Lightweight wheel manufacturing method using undercut forming
- Patent: Friction stir welding equipment for wheel joiningPatent: Friction stir welding equipment for wheel joining
Introduction
Location
50 Gajeong-ro 37beon-gil, Seo-gu, Incheon, South Korea
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