Description
SWOT ANALYSIS OF HYUNDAI HEAVY INDUSTRIES

Hyundai Heavy Industries

Parent Company

Hyundai Heavy Industries Group

Category

Heavy Equipment

Sector

Heavy Equipment and Engineering

Tagline/ Slogan

Once a customer, always a customer

USP

Creative Wisdom, Positive Thinking, and Unwavering Drive

STP

All those who want Equipments in Shipbuilding, Offshore & Engineering, Industrial Plant & Engineering, Engine & Machinery, Electro Electric Segment Systems, and Construction

Those who continue to take on new challenges and find new ways to Target Group improve their products and services

Positioning

Providing products and services that are unrivaled in quality

SWOT Analysis

1. Strong domestic market share 2. Cheap domestic labor 3. Comprehensive Sales network 4. Quality services across all dealer locations 5. Its services include ship-building, industry engineering, electrical system, construction equipment etc Strength 6. The company has a workforce of over 26,000 employees

1. Late Entry timing in developing nations 2. The company is exposed to the risks associated with fluctuations in foreign exchange rates mainly because of import of components & raw Weakness materials and export of vehicles

1. Diversification in equipment sectors 2.Product life cycle not reaching maturity Opportunity 3.Current Financial Crisis Provides Room for Growth

Threats

1. Overflow of used equipments 2.Chinese equipments makers

3.Saturated Market with Overflow of Similar Line-Ups

Competition

1. Aker solutions 2. Samsung heavy industries Competitors 3.Daewoo Shipbuilding & Marine Engineering



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