Sangyoung Magnet Co., Ltd. was formerly a manufacturer of electromagnetic lifting and magnet systems for efficient handling of steel base materials. The company possessed proprietary technology to control the force of permanent magnets using momentary current pulses of 0.1 seconds. Its focus was on developing eco-friendly and safe magnet transport devices that required no energy consumption during operation and incorporated wireless systems. However, current information from the National Tax Service Hometax indicates the business is closed, and its official website is also inaccessible. The company previously aimed to innovate the global magnet transport device market with its groundbreaking magnet technology.SangyoungMagnetCo.,Ltd.wasformerlyamanufacturerofelectromagneticliftingandmagnetsystemsforefficienthandlingofsteelbasematerials.Thecompanypossessedproprietarytechnologytocontroltheforceofpermanentmagnetsusingmomentarycurrentpulsesof0.1seconds.Itsfocuswasondevelopingeco-friendlyandsafemagnettransportdevicesthatrequirednoenergyconsumptionduringoperationandincorporatedwirelesssystems.However,currentinformationfromtheNationalTaxServiceHometaxindicatesthebusinessisclosed,anditsofficialwebsiteisalsoinaccessible.Thecompanypreviouslyaimedtoinnovatetheglobalmagnettransportdevicemarketwithitsgroundbreakingmagnettechnology.
Key Products/TechnologiesKeyProducts/Technologies
The primary product line was the Electro-Permanent Magnet, with DEL-350 as a representative model. This product was a permanent magnet-based lifting magnet system designed to overcome the limitations of traditional electromagnets. The core capability was its control technology, precisely adjusting the permanent magnet's force using a 0.1-second momentary current. It featured current-free permanent adsorption control technology, minimizing power consumption and enabling remote control. The system consumed power only at the moment of switching the magnetic force on or off, maintaining magnetism without continuous power consumption, an eco-friendly design. It offered high safety, eliminating the risk of heavy steel plates dropping even if power was cut. Its compact size allowed for use in small spaces, and it was easily applicable to automated processes.TheprimaryproductlinewastheElectro-PermanentMagnet,withDEL-350asarepresentativemodel.Thisproductwasapermanentmagnet-basedliftingmagnetsystemdesignedtoovercomethelimitationsoftraditionalelectromagnets.Thecorecapabilitywasitscontroltechnology,preciselyadjustingthepermanentmagnet'sforceusinga0.1-secondmomentarycurrent.Itfeaturedcurrent-freepermanentadsorptioncontroltechnology,minimizingpowerconsumptionandenablingremotecontrol.Thesystemconsumedpoweronlyatthemomentofswitchingthemagneticforceonoroff,maintainingmagnetismwithoutcontinuouspowerconsumption,aneco-friendlydesign.Itofferedhighsafety,eliminatingtheriskofheavysteelplatesdroppingevenifpowerwascut.Itscompactsizeallowedforuseinsmallspaces,anditwaseasilyapplicabletoautomatedprocesses.
The company's technology focused on developing intelligent magnetic devices for steel material transfer, extending to the development of new magnetic gripper devices combined with robotic arms. This represented a technological advancement that increased usability in heavy industries for processing and transferring large steel structures. Specifically, it appeared to apply the principle of reversing the magnetization direction of permanent magnets to clamp workpieces or eliminate magnetic force. Such technological capabilities contributed to overcoming the limitations of clamping systems in industrial settings, offering an innovative solution.Thecompany'stechnologyfocusedondevelopingintelligentmagneticdevicesforsteelmaterialtransfer,extendingtothedevelopmentofnewmagneticgripperdevicescombinedwithroboticarms.Thisrepresentedatechnologicaladvancementthatincreasedusabilityinheavyindustriesforprocessingandtransferringlargesteelstructures.Specifically,itappearedtoapplytheprincipleofreversingthemagnetizationdirectionofpermanentmagnetstoclampworkpiecesoreliminatemagneticforce.Suchtechnologicalcapabilitiescontributedtoovercomingthelimitationsofclampingsystemsinindustrialsettings,offeringaninnovativesolution.
Core AdvantagesCoreAdvantages
The current-free permanent adsorption control technology was a core competitive advantage. It consumed power only at the moment of activating or deactivating the magnetic force, with no energy consumption during magnetic force retention, achieving an eco-friendly operational method. This significantly contributed to reducing operating costs due to much lower power consumption compared to conventional electromagnets.Thecurrent-freepermanentadsorptioncontroltechnologywasacorecompetitiveadvantage.Itconsumedpoweronlyatthemomentofactivatingordeactivatingthemagneticforce,withnoenergyconsumptionduringmagneticforceretention,achievinganeco-friendlyoperationalmethod.Thissignificantlycontributedtoreducingoperatingcostsduetomuchlowerpowerconsumptioncomparedtoconventionalelectromagnets.
High safety was another significant competitive advantage. Due to the nature of permanent magnets, the adsorption force was maintained even if the power supply was interrupted, eliminating the risk of lifted steel materials falling. This technology was effective in maximizing workplace safety and reducing accident risks.Highsafetywasanothersignificantcompetitiveadvantage.Duetothenatureofpermanentmagnets,theadsorptionforcewasmaintainedevenifthepowersupplywasinterrupted,eliminatingtheriskofliftedsteelmaterialsfalling.Thistechnologywaseffectiveinmaximizingworkplacesafetyandreducingaccidentrisks.
The adoption of a wireless control system enhanced operational convenience and efficiency. Operators could control the device remotely, improving work efficiency and ensuring safety from hazardous working environments. Furthermore, the compact and lightweight design provided flexibility for use in confined spaces across various industrial sites.Theadoptionofawirelesscontrolsystemenhancedoperationalconvenienceandefficiency.Operatorscouldcontrolthedeviceremotely,improvingworkefficiencyandensuringsafetyfromhazardousworkingenvironments.Furthermore,thecompactandlightweightdesignprovidedflexibilityforuseinconfinedspacesacrossvariousindustrialsites.
Ease of application to automated processes was a strength contributing to productivity improvement. Its combination with robotic arms enabled the automation of large steel structure processing and transfer, effectively reducing labor dependency and increasing production speed. Such technological advancements played a crucial role in promoting the smart transformation of industrial sites.Easeofapplicationtoautomatedprocesseswasastrengthcontributingtoproductivityimprovement.Itscombinationwithroboticarmsenabledtheautomationoflargesteelstructureprocessingandtransfer,effectivelyreducinglabordependencyandincreasingproductionspeed.Suchtechnologicaladvancementsplayedacrucialroleinpromotingthesmarttransformationofindustrialsites.
Target IndustriesTargetIndustries
In the past, the company supplied lifting equipment to manufacturers of hydraulic cylinders in the construction equipment manufacturing industry. It showed significant applicability in heavy industries requiring the processing and transfer of large steel structures. The technology could be utilized as a steel material handling solution across various manufacturing sectors requiring automated processes. Particularly, it contributed to enhancing the efficiency of logistics and production lines in conjunction with robotic automation systems.Inthepast,thecompanysuppliedliftingequipmenttomanufacturersofhydrauliccylindersintheconstructionequipmentmanufacturingindustry.Itshowedsignificantapplicabilityinheavyindustriesrequiringtheprocessingandtransferoflargesteelstructures.Thetechnologycouldbeutilizedasasteelmaterialhandlingsolutionacrossvariousmanufacturingsectorsrequiringautomatedprocesses.Particularly,itcontributedtoenhancingtheefficiencyoflogisticsandproductionlinesinconjunctionwithroboticautomationsystems.
Major MarketsMajorMarkets
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Certifications/PatentsCertifications/Patents
In 2017, the company received the Grand Prize for preliminary startups in an idea technology contest organized by Hyundai Heavy Industries and Ulsan Creative Economy Innovation Center. In 2019, it won the Creativity Award in the Energy Appropriate Technology Utilization Contest by the Korea Energy Agency and Ulsan Creative Innovation Center. In early 2020, it obtained ISO international standard certification, acknowledging its product and system quality management capabilities. In the same year, it acquired venture company certification, externally proving its technological innovativeness and growth potential. In April 2020, it established a research institute company with investment from the Korea Electrotechnology Research Institute and was selected as the first beneficiary company of the Simulation Center, thereby strengthening its technology development capabilities.In2017,thecompanyreceivedtheGrandPrizeforpreliminarystartupsinanideatechnologycontestorganizedbyHyundaiHeavyIndustriesandUlsanCreativeEconomyInnovationCenter.In2019,itwontheCreativityAwardintheEnergyAppropriateTechnologyUtilizationContestbytheKoreaEnergyAgencyandUlsanCreativeInnovationCenter.Inearly2020,itobtainedISOinternationalstandardcertification,acknowledgingitsproductandsystemqualitymanagementcapabilities.Inthesameyear,itacquiredventurecompanycertification,externallyprovingitstechnologicalinnovativenessandgrowthpotential.InApril2020,itestablishedaresearchinstitutecompanywithinvestmentfromtheKoreaElectrotechnologyResearchInstituteandwasselectedasthefirstbeneficiarycompanyoftheSimulationCenter,therebystrengtheningitstechnologydevelopmentcapabilities.