Samyang Comtech

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Samyang Comtech Co., Ltd.
Native name
주식회사 삼양컴텍
Formerly
  • Oriental Industry (1962–2006)
Company typePublic
KRX: 484590
Industry
Founded22 December 1962; 63 years ago (1962-12-22)
Headquarters16, Banpo-daero 27-gil, Seocho-gu,
Seoul
,
South Korea
Area served
Worldwide
Key people
  • Kim Jong-il (CEO)
Products
RevenueIncrease ₩141.5 billion[1] (2024)
Increase ₩18 billion[1] (2024)
Increase ₩16.4 billion[1] (2024)
Total assetsIncrease ₩161.4 billion[1] (2024)
Total equityIncrease ₩53.4 billion[1] (2024)
Owner
  • Samyang Ceratech (13.58%)[2]
  • Samyang Fine Chemical (11%)[2]
Number of employees
511 (December, 2024)
ParentSamyang Chemical Industry
WebsiteOfficial website in English
Official website in Korean
Samyang Comtech
Hangul
삼양컴텍
Hanja
三洋複合技術
Revised RomanizationSamyang Keomtek
McCune–ReischauerSamyang K'ŏmt'ek

Samyang Comtech Co., Ltd. (Korean: 삼양컴텍) or Samyang Composite Technology is a South Korean ballistic protection solution manufacturer founded in 1962.[3][4] It was designated as a defense contractor by the South Korean government in 1973[3] and supplies bulletproof helmets and bulletproof vests for infantry to the Republic of Korea Armed Forces, and also manufactures silicon carbide-based ceramic armors for armored vehicles such as the K1A1, K2 Black Panther and Altay.[3][5] Most products manufactured by Samyang Comtech are made of Dyneema material, except for military vehicle armors.[6]

History

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Samyang Comtech was founded on 22 December 1962 under the name Oriental Industry (Korean: 오리엔탈공업; RR: Oliental Gongeop) and In 1973, the company was designated as a defense contractor by the government.[3][4]

In 1990, the R&D Laboratory was established for the development of new products, and in May 1997, the first domestic bulletproof helmet and bulletproof vest were developed for the South Korean military.[3]

In June 1998, it began producing Korean Special Armor Plate (KSAP), the first domestic composite armor for main battle tanks developed for the K1A1.[4]

In 2002 and 2003, it succeeded in developing the world's lightest bulletproof helmet weighing 1,115 grams.[3][6][7]

In September 2006, the company name was changed from Oriental Industry to Samyang Comtech (Samyang Composite Technology).[3][4]

In June 2008, it was developed the special armor plate for the K2 Black Panther.[8][9]

In December 2008, it was designated as a co-developer of a project responsible for transferring KSAP-based armor package technology to develop Turkish Altay MBT.[3][4]

In 2011, it was developed armor kit for the light tactical vehicle (LTV) and an add-on armor for the wheeled armored vehicle (WAV).[3]

In 2018, it was developed add-on armor for the 30 mm wheeled anti-aircraft guns, command post wheeled armored vehicle, and K239 Chunmoo export versions.[3]

In 2019, it was developed steel ball filing for new 81 mm mortar.[3]

Business area

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Samyang Comtech supplies various ballistic protection solutions for the ROK Armed Forces, such as armors for military vehicles,[5] aircraft parts,[10] composite material parts,[11] and ceramic bulletproof plates.[12][13]

Ballistic protection

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Military vehicles

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Body armors

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  • SAV-I (Special Armor Vest) Fragments body armor for army[14]
  • SAV-II Bulletproof body armor for army[15]
  • SAV-III Bulletproof body armor for special force[16]
  • SAV-IV Bulletproof body armor for riot police[17]
  • SAV-V Bulletproof body armor for police[18]
  • SAV-VI Floating body armor for navy[19]
  • SAV-VII Concealable body armor for civilian and VIP[20]
  • Anti-stab vest[21]
  • SBH-I (Special Ballistic Helmet) Nylon helmet[22]
  • SBH-II Aramid (Kevlar, Twaron) helmet[23]
  • SBH-III Ultra-high molecular weight polyethylene (UHMW PE) helmet[24]
  • SAP-I (Special Armor Plate) UHMW PE (Dyneema, Spectra) armor plate[25]
  • SAP-II Hybrid armor plate[26]
  • SAP-III Hybrid armor plate[27]
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  • Protection panel for naval vessel

Aircraft parts

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  • Soundproof panel assembly
  • Protection panel assembly
  • Gunner seat and troop seat
  • Protection panel for FCS
  • Exhaust stack for helicopter
  • Fuel tank for fixed-wing aircraft
  • Fuel tank for helicopter

Composite components

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  • Protection cover for POD radome
  • IFF system
  • Pole and spreader for mobile camouflage net system (MCNS)
  • Fuel tank for MBT
  • Protection cover for K-SAM Pegasus
  • Steel ball filing
  • Protection cover for electro-optical targeting system (EOTS)
  • Detonator part
  • Fuse part for K414 fragmentation grenade
  • Fuse assembly for KM201A smoke grenade
  • Antenna reflector panel

Ceramic bulletproof plates

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Corporate governance

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Ownership

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Major shareholders as of December 2022[2]
Shareholder Country Shares Stake (%)
Samyang Ceratech File:Flag of South Korea.svg South Korea 2,057,921 13.58%
Samyang Fine Chemical File:Flag of South Korea.svg South Korea 216,545 11%

See also

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References

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