What Daewon Precision does

Daewon Precision (대원프리시전) is a privately held Korean precision tooling manufacturer founded in 1989 by CEO An Hyuk, headquartered in Cheongju-si, Chungcheongbuk-do. The company designs and produces precision molds, tools, and components for secondary (rechargeable) battery manufacturing lines, covering the full production workflow: electrode manufacturing (coater shims, slitting knives, air chucks, reel cores), notching/stacking (notching and blanking molds, notching presses, stacking cutting units, cell magazines), activation (degassing, hotpress, lead bending), cylindrical cell production (18650/21700/4680-compatible molds and cutting assemblies), and packaging (tab cutting, welding, pouch cutting, forming, sealing). The company also offers battery line total solution services including consulting, process inspection, and equipment refurbishment.

Revenue is generated through custom project-based orders (one-time equipment sales), spare parts and consumables, and professional services (consulting, refurbishment). Pricing is unit-based with custom quotes, minimum order quantity of 1 unit, and volume discounts for bulk production. The go-to-market is direct enterprise sales with a design manager assigned per order; the company operates seven facilities across Korea, China, Poland, Hungary, and the United States to serve battery manufacturers locally.

Daewon's customer base includes all three top Korean battery makers (LG Energy Solution as partner since 2000, SK On since 2016, Samsung SDI since 2017) plus a broad roster of global accounts — Ultium Cells, Northvolt, ACC, Verkor, Solid Power, Enovix, SES, Factorial, Lyten, AESC, EVE Energy, BASQUEVOLT, and Morrow Batteries. The company holds multiple patents including adjustable clearance technology for 1-micron tolerance control and integrated cell magazine designs, and was recognized as a Global Hidden Champion in 2017 and a Prime Minister's Technology Award recipient in 2015.

Name

Daewon Precision

Legal name

주식회사 대원프리시전

Website

https://dae-won.co.kr

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

1–10 employees

Short description

Daewon Precision is a privately held Korean precision tooling manufacturer founded in 1989 that designs and produces custom molds, tools, and equipment for secondary battery production lines, serving all three top Korean battery makers (LG Energy Solution, Samsung SDI, SK On) and global EV battery builders across seven facilities in Korea, China, Poland, Hungary, and the USA.

Ownership category

akta.pro rank

Product category

Battery Manufacturing Equipment

SIC

Metal Forgings & Stampings (3460)

akta.pro primary industry

Battery Manufacturing Equipment & Gigafactory Automation (Coating, Calendering, Stacking/Winding) (EUAFABAM)

Keywords

• Precision battery molds
• Secondary battery tooling
• Electrode manufacturing equipment
• Battery production tooling
• Precision machined components

Headquarters

HQ city

Cheongju-si

HQ country

South Korea

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure

Revenue model

1. Custom Precision Molds and Tools: Design, machining, assembly, installation, and commissioning of precision molds and tools for battery production. Revenue generated from custom project-based orders including electrode processing molds (notching, blanking), assembling/stacking equipment, activation process equipment, cylindrical cell molds, and package processing tools.
2. Spare Parts and Consumables: Supply of spare parts, replacement molds, and accessories for existing equipment. Includes forming mold racks and carts, component transfer carts, and measurement equipment.
3. Battery Line Total Solution Services: Consulting services for battery production lines, production line process inspection, enhanced product manufacturing for productivity maximization, and equipment refurbishment, improvement, and technical services.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

Daewon Precision designs, manufactures, and supplies precision molds, tools, and parts used in secondary (rechargeable) battery production lines. Offerings cover the entire battery manufacturing process — electrode coating/slitting, notching and stacking, activation, cylindrical cell production, and packaging — delivered as a one-stop service from design, machining, assembly, and installation through commissioning. The company also provides battery line consulting, production line process inspection, and equipment refurbishment services.

Product overview

Daewon Precision is a precision mold and tooling manufacturer specializing in secondary (rechargeable) battery production equipment. The company offers a comprehensive product portfolio organized around the battery manufacturing process: Battery Line Total Solution (consulting and productivity services), Electrode Manufacturing Process (coating and slitting components), Notching & Stacking (electrode forming and assembly), Package (cell packaging equipment), Activation Process (cell conditioning), Cylindrical (cylindrical cell production), and R&D Laboratory equipment. All products are provided through a one-stop service model covering design, machining, assembly, installation, and commissioning, with specialized expertise in precision molds, tools, and parts for battery production.

Differentiator

Problem solved

Functional benefit

Products and services

• Battery Line Total Solution Comprehensive consulting and total solution offering for battery production line productivity improvement, covering production line process inspection, enhanced product manufacturing for productivity maximization, and equipment refurbishment and technical services, aimed at secondary battery manufacturers.
• Electrode Manufacturing Process Components Precision components and units for electrode coating and slitting processes in battery manufacturing, including Coater Shim, Slitting Knife Unit, Air Chuck, and Reel Core used for processing copper and aluminum foil. Targeted at secondary battery manufacturers.
• Notching & Stacking (Assembling Process) Equipment Precision molds and equipment for electrode notching, blanking, stacking, and cutting operations in battery cell assembly, including Notching Mold, Blanking Mold, Notching Press, Stacking Cutting Unit, Electrode Cutter, Rotary Mold, Dual Cutting Mold, and Cell Magazine, with patented adjustable clearance technology supporting 1–8 cavity designs for secondary battery manufacturers.
• Battery Package Equipment Precision equipment and molds for battery cell packaging, including Tab Cutter, Welding Machine, Pouch Cutter, Laser Mask Jig, AL-Pouch Cutting Mold, Horn & Anvil Storage Rack, Heating Block & Sealing Tool, Forming Facility, Forming Mold, and Non-Contact Pouch Thickness Measuring System, provided for secondary battery manufacturers.
• Activation Process Equipment Precision equipment for activating battery cells, including Degassing Machine, Hotpress Machine, Lead (Tab) Bending Jig, and Lead Cutter for pouch cell processing in secondary battery manufacturing.
• Cylindrical Battery Production Equipment Punching molds and cutting tools for cylindrical battery cell production, including BI/TI/Washer Mold, Jelly Roll Cutting Assembly, Sepa Cutter, Can Cutting Unit, and Cylindrical Measurement Equipment, compatible with 18650, 21700, and 4680 cylindrical cell formats for battery manufacturers.
• R&D Laboratory Equipment Laboratory and R&D equipment for electrode inspection and cell sample production, including Sample Cutting Jig, Thickness Measurement Device, Sample Punching Unit, and Sample Sealing Unit, used by battery manufacturers and R&D teams for development and quality testing.
• Custom Precision Mold Components and Machining Custom precision machining services for mold components and mechanical parts for battery and industrial applications, offered as a one-stop solution from design, machining, heat treatment, and surface finishing through assembly and installation, with materials including specialty steel, aluminum, stainless steel, tungsten carbide, ceramics, titanium, and plastics.

Quantifiable outcome

• 1-micron clearance tolerance management in notching and blanking molds
• +5 more outcomes

Named customers19 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

20 partnerships are on record, tiered core, major and minor.

• LG Energy SolutioncoreStrategic or Co-development PartnerDesignated as a partner for LG Chemical's secondary battery sector since 2000, initiating development for localization of precise molds and tools. Daewon provides precision molds, tools, and total solutions for battery production lines.
• Samsung SDIcoreStrategic or Co-development PartnerDesignated as a cooperative partner for precision components for secondary batteries since 2017. Daewon supplies notching, forming, and other precision molds for Samsung SDI's battery manufacturing operations.
• SK OncoreStrategic or Co-development PartnerDesignated as a cooperative partner for precision components for battery since 2016. Daewon provides precision molds and tools for SK On's battery production.
• LG ChemcoreStrategic or Co-development PartnerLong-standing domestic partner designated as excellent partner for LG Chem's secondary batteries. Provides precision components for battery manufacturing.
• LG InnotekcoreStrategic or Co-development PartnerDomestic partner receiving precision components for electronics and battery-related manufacturing.
• Ultium CellsmajorStrategic or Co-development PartnerGlobal partner for secondary battery manufacturing precision tools and equipment.
• NorthvoltmajorStrategic or Co-development PartnerEuropean battery manufacturer served as a global partner for precision molds and tools in battery production.
• Solid PowermajorStrategic or Co-development PartnerGlobal partner; solid-state battery developer receiving specialized precision molds including solid-state and next-generation battery-specific notching molds.
• EnovixmajorStrategic or Co-development PartnerGlobal partner for precision battery manufacturing tools.
• FactorialmajorStrategic or Co-development PartnerGlobal partner; solid-state battery developer receiving precision molds for next-generation battery production.
• ACC (Automotive Cells Company)majorStrategic or Co-development PartnerEuropean automotive battery joint venture (Stellantis, Mercedes-Benz, TotalEnergies) served as global partner for precision molds.
• VerkormajorStrategic or Co-development PartnerEuropean EV battery manufacturer served as global partner for precision molds.
• SES (Solid Energy Systems)majorStrategic or Co-development PartnerGlobal partner for precision molds and tools for lithium-metal battery production.
• EVE EnergymajorStrategic or Co-development PartnerChinese battery manufacturer served as global partner for precision molds and tools.
• AESCmajorStrategic or Co-development PartnerGlobal battery manufacturer served as global partner for precision molds.
• Morrow BatteriesmajorStrategic or Co-development PartnerNorwegian battery manufacturer served as global partner for precision molds.
• LytenmajorStrategic or Co-development PartnerUS lithium-sulfur battery developer served as global partner for precision molds.
• BASQUEVOLTmajorStrategic or Co-development PartnerEuropean solid-state battery initiative served as global partner for precision molds.
• EcoPro HNminorOthersDomestic partner providing battery materials processing equipment.
• EcoPro EMminorOthersDomestic partner in battery materials sector.

Scale indicators8 records

Recent moves11 records

Expansion highlights5 records

Broad incumbents

• Hitachi High-Tech: Japanese precision equipment manufacturer providing analytical, manufacturing, and battery production equipment at scale globally. Comparable as a precision battery tooling supplier with broader industrial equipment portfolio, making it a broader incumbent rather than a niche specialist.

Direct peers

• Wuxi Lead Intelligent Equipment (先导智能): China's largest battery manufacturing equipment maker, providing notching, stacking, formation, and assembly equipment. Comparable to Daewon as a tier-1 cell-line tooling and equipment supplier with similar product categories (notching, slitting, stacking).
• Manz AG: German-based battery and electronics manufacturing equipment maker offering production solutions for lithium-ion cells and modules. Directly comparable as a precision battery production line tooling supplier, serving similar Western and Asian cell makers.
• Yinghe Technology (赢合科技): Chinese battery production line equipment provider covering electrode manufacturing, assembly, and formation processes. Comparable to Daewon in scope of battery manufacturing equipment offered, particularly in mid-tier Chinese cell-maker accounts.
• Komatsu NTC: Japan-based precision machinery and tooling manufacturer (Komatsu subsidiary) producing high-precision molds, dies, and manufacturing equipment. Most directly comparable to Daewon in micron-level precision tooling used by battery cell makers and other advanced manufacturers.
• Sovema Group: Italian battery manufacturing equipment supplier specializing in assembly lines for lead-acid and lithium-ion cells. Comparable to Daewon as a European-based battery production equipment vendor with automotive-tier cell-maker relationships.
• Hangke Technology (杭可科技): Chinese battery formation, aging, and testing equipment manufacturer with global cell-maker customer base. Comparable to Daewon in serving secondary battery cell lines with precision equipment, though focused on activation/formation versus Daewon's notching/stacking strength.
• Hibar Systems: Canada-based precision battery manufacturing equipment maker (acquired by Tesla) specializing in high-speed automated cell production equipment. Comparable to Daewon in micron-precision battery manufacturing tooling, with strong overlap in cell-maker customer base.
• PNT (PNT Co., Ltd.): Korean secondary battery production equipment and inspection solutions provider serving top Korean cell makers. Direct peer to Daewon as a domestic Korean precision equipment vendor for LG ES, Samsung SDI, and SK On battery lines.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/daewon-precision

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Daewon Precision