SBI Investment Portfolio Company NBR Motion, Korea’s Only Mass Producer of Tapered Rollers… 20-Fold Revenue Growth and Supplying Tesla

• NBR Motion, an SBI Investment portfolio company and the only mass producer of tapered rollers (bearing rolling elements) in Korea, has grown its revenue 20-fold over six years, from about KRW 2 billion to KRW 40 billion, on the strength of its technology for core components used in automotive wheel hubs, transmissions and EV reduction gears.
• Sales through Japan's NSK have grown from less than KRW 500 million initially to about KRW 20 billion today, and the company has secured its place in the global automotive supply chain by successfully mass-producing components for the Tesla Cybertruck and the new Model Y.
• While developing new products such as micro ceramic balls, ultra-precision balls and cylindrical rollers (CRBs), the company is expanding into component markets for robots, drones and aircraft, and aims within five years to assemble finished ceramic bearings using rolling elements it produces in-house.

The full article is available at the link below.

https://www.thebell.co.kr/front/newsview.asp?click=F&key=202607230953474160103259