About Poongsung
1940’s | 1948. 10 | - Established Poongsung Industrial as a trading company |
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1950’s | 1958. 02 | - Incorporated as Poongsung Industrial Co., Ltd. |
1960’s | 1968. 01 | - Poongsung Industrial Co., Ltd. renamed to Poongsung Electric Co. Ltd., and became a comprehensive manufacturer of automobile electronics and telecommunication devices |
1969. 12 | - Analogue energy meter import contract signed with Osaki Electric Engineering Co., Ltd. | |
1970’s | 1976. 10 | - Established Poongsung Precision Co., Ltd. in Changwon City as a joint venture with Denso Co., Ltd. of Japan to start the sale and manufacture of automobile dashboards. |
1980’s | 1980. 09 | - Changwon Plant construction completed |
1982. 11 | - Acquired KS mark for its KSC1208 energy meters | |
1986. 04 | - Poongsung Precision Co., Ltd. was selected as an emerging export corporation by the Commercial Bank of Korea | |
1988. 05 | - Supplied phone line AMR system to Korea Telecom |
1990’s | 1992. 03 | - Acquired KS mark for its heat meters |
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1992. 06 | - New headquarters construction completed | |
1993. 07 | - Was awarded the grand prize for national productivity (in automation category) | |
1994. 04 | - Established Poongsung Motors Co., Ltd. | |
- Poongsung Precision Co., Ltd was awarded the president’s prize for diligent tax payment | ||
1995.03 | - Awarded the Iron Tower Industry Award (22nd Day of Commerce) | |
1995. 11 | - Acquired KSA/ISO 9001 certification | |
1997. 06 | - Established Poongsung Electronics Co., Ltd. | |
1997. 11 | - Established Denso Sales Korea Co., Ltd. | |
2000’s | 2000. 08 | - Poongsung Electric Co., Ltd. renamed to PS Tec Co., Ltd. |
- Automotive parts manufacturing divided to Denso Poongsung Co., Ltd. | ||
- Poongsung Precision Co., Ltd. renamed to Denso Poongsung Electronics Co., Ltd. | ||
2004. 05 | - Denso Poongsung Co., Ltd. Hongesong plant construction completed | |
2005. 06 | - PS Tec Co., Ltd. was designated as a New Technology Venture Corporation and Inno-Biz Corporation (Small and Medium-sized Enterprises Administration) | |
2006. 02 | - Denso Poongsung Electronics established Tianjin plant in China | |
2007. 04 | - PS Tec Co., Ltd. was designated as an innovative energy venture firm | |
2008. 11 | - Denso Poongsung Co., Ltd. moved its Seoul plant to Hwaseong |
2010’s | 2011. 07 | - PS Tec Co., Ltd. was designated as Inno-Biz Grade A (Small and Medium-sized Enterprises Administration) |
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2012. 01 | - Established PS Alliance Co. Ltd. | |
2013. 04 | - Established Daejung Scholarship Foundation | |
2013. 06 | - Joint Venture stakes sold to Denso Co., Ltd. | |
2013. 07 | - Poongsung Motors Co., Ltd. was renamed to Poongsung Co. Ltd. | |
- Poongsung Electronics Co., Ltd. renamed to Poongsung Holdings Co., Ltd. | ||
2014. 06 | - West Pyeongtaek Tank Terminal Co., Ltd. acquired | |
2016. 04 | - PS Tec Co., Ltd. Gimpo plant construction completed, and production line rearranged | |
2017. 03 | - PS Tec Co., Ltd. Naju plant construction completed | |
2018. 07 | - Poongsung Industrial Co., Ltd. renamed to Poongsung Energy Co., Ltd. to start renewable energy business | |
2019. 08 | - POONGSUNG.,LTD. renamed to PSPower Co., Ltd. and started renewable energy power generation and distribution business | |
2020. 07 | - POONGSUNG.,LTD. WPTT(West Pyeongtaek Tank Terminal) stakes sold |