[Asia Economy Reporter Choi Dae-yeol] Daeyu AP announced on the 18th that it was selected as one of Korea's top 10 Lighthouse Companies in 2021. The Lighthouse Company program was launched last year as part of the growth strategy for small and medium-sized enterprises and mid-sized companies. The company is recognized as the number one domestic manufacturer of steering wheels. Over the past six years, it has secured orders for 2.34 million vehicles of various models and is responsible for 60% of the domestic production volume supplied to Hyundai Motor and Kia. This year, it was also selected for the K-Smart Lighthouse Factory program, initiated for the first time by the Ministry of SMEs and Startups. A company representative stated, "We will participate in various businesses and strive for the development of our country's industry through active technology development."
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