An interview with CEO Cha Jin-ho and Director Cha Mi-young in the Korea Econnomic Daily
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- 2023-05-03
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Interview with Ms. Cha Mi-young, H&H Electric's Executive on Indusry Today Magazine (Decrmber,2015)
The Summary of interview.
Introducing H&H Electric co.Ltd,.
H&H Electric was founded in November
1989.
The purpose of the company is to develop
and produce AG Brake motor(Axial air gap brake motor), Ring Blowers and High-Speed Mini Blowers.
The
main product ‘Ring Blower’ was first invented by H&H Electric in Korea and has been produced since March 1999.
Ring Blowers are used in high-pressure
blowers and automatic devices which require high pressure of air, sewage and
wastewater management, and septic tanks to supply air.
H&H Electric supplies more than 40% of
the products in Korean market leading to the highest quality in the industry,
high possession in the stock, and fast customer service.
H&H Electric's effort lead to these accomplishments with the trust of dealership stores that are in about 30 places in Korea.
H&H Electric also exports
in the foreign market having dealership stores in the United States, China,
Japan, New Zealand, Singapore, Vietnam, etc.
The high-speed mini blower was invented in
2009 and applied the massive production system of the series in 2012,passed the
field tests in 2013.
This invention drove the company to aim for
the foreign market confirming contracts with companies in Korea, the United
States, Israel, Japan, and India. This hand-sized mini blower supplies air into
the stack of regenerative fuel cells, utilized in the limited area as an industrial
transfer device, medical device, or air sampler. H&H Electric is the first
self-driven company in the industry to seek potential markets not only Korean
markets but also international markets.
Product Investment and Development
H&H Electric has massively invested in
the R&D business since KOITA(Korea Industrial Technology Association)
approved the company as an R&D exclusive charge company.
Unlike other small-medium-sized
businesses,H&H Electric invests more than 10% of its sales into the R&D business.
H&H Electric also utilizes technical cooperation from
outside organizations. KEIT(Korea Evaluation Institute of Industrial
Technology) and KETEP (Korea Institute of Energy and Resources Technology Evaluation and Planning) also
support H&H Electric's business to improve the quality of the existing
products and create new models. Furthermore,
H&H Electric has been selected as a company in charge of national
projects and has been working on the project. Industrial ring blowers’ quality
improvement, noise reduction research, and the ‘High-speed mini blower’
development have been progressed through this project.
Moreover, the ‘variable high-speed turbo blower’ development is in
progress in the 2nd year of development.
Especially, H&H Electric is testing under international standards
with ‘AMCA 210’ to operate precise
testing of the product.
This high-technology testing system
produces efficient and high-quality products that satisfy all over the world
such as American, Japanese and etc customers.
Company’s effort for customer satisfaction
After certifying the ‘ISO 9001 quality
management,’ H&H Electric is
operating customer satisfaction research for each domestic and international
dealership store and buyer every year.
H&H Electric manages the customers’ satisfaction
by systematically analyzing their opinion through data analysis and
implementing improvements for the customers’ satisfaction. H&H Electric also operates a meeting
with dealership stores at the beginning of each year to share ideas on sales support
and new item requirements in the market for co-prosperity.
H&H Electric maintains a close and friendly relationship
with the dealership stores to meet the company’s principal to satisfy inside
customers and to satisfy outside customers.
New products and product training are also
being conducted not only by the headquarters staff but also by each agency
staff, striving to deliver the best technical sales services to each customer.
Future business development plans
Starting with the third-generation product
'High-Speed Mini Blower,' plans to open
an upgraded market through the fourth-generation development flagship ‘The
variable High-Speed Turbo Blower.’
Beyond the environment and fully automatic
system market, the energy industry sector, such as fuel cells and smart
building air conditioning systems, does not have a shorter product life cycle
than other industries. By establishing a marketing strategy based on the SWOT
Analysis, H&H Electric plans to actively participate in Korea and
international exhibitions, inviting international buyers, and online promotion
to explore new markets for 'high-speed mini blower.’
In addition, H&H Electric will actively
explore the market and export internationally by advancing the ‘The variable
High-speed turbo blower’ that is currently under development.
In addition, H&H Electric will continue to make
efforts with the principal of R&D as the basic driving force for the
company‘s success.
Thanks so much.