- Full Time Employees
- 471
- Sector
- Producer manufacturing
- Industry
- Electrical products
- Address
- Daegu South Korea
- IPO Date
- Dec 29, 1994
- Business
- KBI METAL Co., Ltd. is a South Korea-based manufacturer specializing in non-ferrous metal materials, automotive electrical and electronic components, and power grid equipment. The company operates through three principal business segments: the Metal Division, the Automotive Parts Division, and the Power Grid Division. Its core product and service portfolio comprises: non-ferrous metal materials, including Joint Continuous Casting and Rolling (JCR) copper rods and Southwire Continuous Rod (SCR) copper rods manufactured from recycled copper scrap for high-voltage power cables, communication wiring, and magnet wires; automotive electronic and electrical components, including starter motors, alternators, brushless direct current (BLDC) motors, wiper motors, seat ventilation and heating modules (SVHM), ventilation boosting modules (VBM), and precision-engineered stator and rotor motor cores and transformer cores; and power distribution apparatus, including oil-immersed transformers, dry-type transformers, and electrical substation equipment. The company supplies its products to electrical wire manufacturers, automotive original equipment manufacturers (OEMs), Tier-1 automotive suppliers, renewable energy facilities, industrial utilities, and data center infrastructure providers across South Korea and global markets.
Founded in 1987 as Hankook Sungsan Co., Ltd. and formerly known as Kabul Metal Co., Ltd. before adopting its current name in March 2019, KBI METAL Co., Ltd. is headquartered in Daegu, South Korea, and operates as a core manufacturing affiliate of KBI Group.
In recent major company developments, KBI METAL Co., Ltd. completed the 100% equity acquisition of transformer specialist Wonyoung Hi-Tech for KRW 10.3 billion, subsequently rebranding the business as KBI Electric Co., Ltd. This acquisition establishes a vertically integrated supply chain encompassing raw copper material processing, wire manufacturing in coordination with affiliate KBI CosmoLink, and finished power transformer production. To capitalize on the global supercycle in power grid replacement and surging energy requirements from artificial intelligence (AI) data centers, the company raised KRW 40 billion through convertible bond issuances to finance a new oil-immersed transformer manufacturing plant and expand production capacity under KBI Electric. Additionally, the company has expanded its automotive components portfolio toward high-margin, next-generation solutions, ramping up commercialization for BLDC motors tailored for electric and passenger vehicles as well as high-output heavy-duty alternators for commercial vehicles.