The 2015 Shanghai Motor Show will be held in Hongqiao National Convention Center for 8 days from 29th to 29th in China, which has emerged as the biggest battleground of the global automobile market.

More than 1,900 companies from the world's leading auto companies and auto parts companies participated in the show to showcase its new products and technologies to the emerging Chinese automobile market. I am getting a lot of interest in this auto show.

The turbocharger is one of the important engine parts that supplies the compressed air to the cylinder by rotating the wheel using high-temperature / high-pressure engine exhaust gas. Compared with the conventional natural intake type engine, the turbocharged engine can increase the output with compressed air and can also reduce the weight of the engine compared to the high output, contributing to the improvement of fuel efficiency of the vehicle.

Among new Chinese vehicles, the turbocharger installation rate is projected to increase from 17% in 2014 to 43% in 2020, and the market size is expected to more than triple from 3.5 million to 12 million.

The reason why most of the auto companies participating in the Shanghai Motor Show are showing cars or engines equipped with turbochargers are fuel efficiency, engine performance improvement, and exhaust emission reduction.

Keyyang Precision (CEO Chung Byungkee), the only company producing turbochargers in Korea, has launched and exhibited several models of the KY series, Korea's first self-designed turbocharger line, at the 2015 Shanghai Motor Show.

The KY series has attracted a great deal of attention from Chinese carmakers visiting the exhibition venues and visited companies such as Great Wall, Beijing Train (BAIC, Hyundai Motor Company and Joint Venture) and SGM (Shanghai GM) We inquired about the technology of the charger products and the factories in China.The KY series has attracted a great deal of attention from Chinese carmakers visiting the exhibition venues and visited companies such as Great Wall, Beijing Train (BAIC, Hyundai Motor Company and Joint Venture) and SGM (Shanghai GM) We inquired about the technology of the charger products and the factories in China.

Keyyang Precision has cooperated with various institutions of the Korean and Chinese governments to establish a Chinese production corporation in Wuxi (Wuxi) city adjacent to Shanghai for the shortest time and to enter China independently.

Keyyang Precision is comprised of 40% of its research staff and achieved $ 100 million in exports in 2014 and was selected as an excellent supplier in the "2014 Supplier of the Year Awards" held at GM's headquarters in 2015. Currently, many car makers are in the process of developing or negotiating a turbocharger, and announced that they will start mass production and supply from the second half of the year through a supply contract with a Chinese car maker this year.

This is expected to contribute greatly to the export of parts of Korea's power train series and it is seen as an opportunity to be acknowledged globally with the Korean automobile industry.