FreeMs Corporation
KKRX:0531608,920.00
KRW
+40.00
(+0.45%)
ISIN
KR7053160008
Return %
Stock
S&P 500
1Y
9.18
13.14
3Y
6.70
80.78
5Y
-37.18
67.74
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
KRW
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
KRW
•
in mil. unless spec.Company Description
- Full Time Employees
- 38
- Sector
- Producer manufacturing
- Industry
- Industrial machinery
- Address
- Bucheon-si South Korea
- IPO Date
- Oct 30, 2001
- Website
- freems.co.kr
- Similar Companies
- Business
- FreeMs Corporation is a South Korea-based industrial electronics and electrical equipment manufacturing company primarily engaged in the development, manufacture, and distribution of electronic control units, electrical wiring systems, and automated specialized terminal equipment for heavy construction machinery, commercial vehicles, and industrial applications. Founded in November 1989 and headquartered in Bucheon-si, Gyeonggi-do, South Korea, the company operates through two main business segments: the Electrical Equipment Division and the Machine Control Division. The company's core product and service portfolio comprises custom-engineered wire harness assemblies, including cabin harnesses, main frame harnesses, and engine harnesses designed for harsh-environment excavators, loaders, and agricultural vehicles; electronic vehicle management controllers, such as master control units (MCU 9 and Stage V-compliant MCUs) and intelligent digital instrument cluster display systems (HX85A cluster series); specialized industrial and railway control electronics, including rolling stock door control units (DCU), heating, ventilation, and air conditioning (HVAC) controllers, and concrete pump truck safety controllers (OSS CTRL); and original equipment manufacturer (OEM) banking and transactional terminal hardware, including electronic lottery terminals, pari-mutuel betting machines, and multi-functional interactive kiosks. FreeMs Corporation delivers integrated end-to-end design, prototyping, and manufacturing solutions, serving leading heavy equipment manufacturers including HD Hyundai Construction Equipment, HD Hyundai Site Solution, HD Hyundai Infracore, and Doosan Bobcat Korea across domestic and overseas markets. In recent operational and corporate developments, the company enacted executive leadership transitions with the appointment of Heung-Sik Joo as Chief Executive Officer in 2024, expanded engineering integrations for next-generation Stage V hydraulic and CAN-bus control systems, and implemented active capital management initiatives, including the authorization and completion of a 5.0 billion South Korean won treasury share buyback program in 2026 to enhance shareholder value.