• Journal of the Korea Academia-Industrial cooperation Society
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• v.12 no.7
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• pp.2919-2924
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• 2011

The automatic drawer is used to absorb the movement shock and adjust its velocity when it opens and closes. The tube in shock-absorber is the cylindrical case which surrounds its parts and is made of acetal. The purpose of this study is to determine the quality stability of the tube in the shock-absorber in injection molding process. The tube which had been manufactured in the process with 4 cavity cooling unit was used. In this study, the analysis and test are carried out to determine its quality stability. Which are the quality analysis with numerical simulation and performance tests of the tube compared with one of foreign make. It is calculated that the injection press is 87.6 MPa and the deflections in X, Y, Z directions are ranged in 0.07~1.00 mm. When the researched tube is compared with the foreign made tube, the maximum bending compressive load is 231 kgf higher, average axial compressive load is 0.05 kgf higher, and the roughness(Ra) on the inner surface is $0.02\;{\mu}m$. lower. In the result, it is known that the quality of researched tube in injection mold process is stable and its performance is superior.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.14 no.6
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• pp.103-117
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• 2019

Under the uncertainties and the consequent turmoils of the IMF financial crisis in Korea, Hyunsung Techno was founded in 1997 on the basis of automobile press molding which is critical for the quality of automobile. Ever since, Hyunsung Techno has grown rapidly based on the domestic market; however, gradually, it had faced a stalemate in terms of the saturation, on the supply side and the growth limit, on the demand side, of the domestic molding market. Accordingly, Hyunsung pushed for a strategy to localize overseas markets and a new acquisition strategy instead of resting on the domestic mold industry's growth, and the success of these strategies enabled it to leap forward into a global company with five companies including affiliates and 70 billion won in sales. The main reason why Hyunsung Techno evolved from a small and medium-sized manufacturing company into a global businesses is due to the success of Boa Constrictor M&A strategy. Its acquisition strategy is not just a successful case of any acquisition, but a rare, maybe the first domestic case of a successful acquisition of a primary supplier by a secondary supplier. Through the success of this strategy, Hyunsung Techno has achieved a continuous growth of businesses, an increase in sales volume, and expansion into new businesses. And on top of that, this achievements is leading it to be a global conglomerate In this study, Hyunsung Techno's success strategy, which is transformed from a small domestic manufacturing company into a global enterprise, was analyzed in detail with its development stages divided into start-up, overseas expansion, acquisitions, and business diversification. Eventually, this case study is meant to offer strategic implications for other small and medium-sized businesses under the current, gloomy economy of low or zero growth of today.