- Business
- Ajin Electronic Components Co., Ltd. (009320.KS) manufactures and sells automotive electronic components and capacitors primarily in South Korea. The company offers a broad range of automotive products, including on-board chargers, high-voltage PTC heaters, coolant sheath heaters, electronic water pumps, fuel cell DC-DC converters, pulse width modulation modules, climate control heads, engine cooling fan BLDC controllers, blower motors, voltage regulators, actuator control units, torque angle sensors, solenoids, tip tronics, LED indicators, around-view modules, brushless DC electric motors, radar modules, smart touch panel modules, LED modules, integrated electronic brakes, and suspension systems; it also provides regulators, relays, and switches for e-bikes, as well as surface mount aluminum electrolytic capacitors, miniature aluminum electrolytic capacitors, and large aluminum electrolytic capacitors. Founded in 1973 and headquartered in Jeongeup-si, South Korea, the company operates in the automotive parts industry, serving original equipment manufacturers with a focus on eco-friendly and high-efficiency solutions for electric and conventional vehicles. In October 2024, the company changed its name from Daewoo Electronic Components Co., Ltd. to Ajin Electronic Components Co., Ltd., marking a significant rebranding under its current ownership structure. Its U.S. subsidiary, Ajin Electronic Components USA Inc., anticipates receiving $1 million in funding, with board approval and an expected closing on November 19, 2025.