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since 1960

We've been walking for 60 years.
It was a very long and lonely road.

Go to Youngdo Velvet’s 60-year history
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60 years of craftsmanship, Youngdo Velvet FROM
1960
TO
NOW

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Rubber shoe
lining acrylic pile fabric
Starting point

Lee Won-hwa, 20-year-old youth, started with 'a small desire to warm the poor people with innovative products that are not in the world', so-called pile fabric, the hair attached to rubber shoes,
is the mother of 'Youngdo', a 100-year-old artisan company.
In 1960, in a small space in Sincheon-dong, Daegu, Korea, 4 looms and cauldron dyeing machines produced acrylic pile fabrics were all supplied to Kukje Rubber as inner skin for rubber shoes.
Afterwards, he developed women's coats with Gyeongnam woolen thread, allowing wholesalers in Daegu's Seomun Market to accumulate wealth.
In 1967, Baek Wook-gi, chairman of Dongkuk Trading, who grasped Lee Won-hwa's strong spirit of experimentation and extensive machine knowledge, requested the development of velvet fabric, which was dependent on imports at the time.
Youngdo exported to the Middle East market in 1975 and to the Americas in 1978 based on its exclusive velvet fabric development technology, and in 2000,
it leaped to become the world's No. 1 exporter.
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Securing competitiveness with
original technology
in partnership with advanced overseas technologies

In his middle age, Lee Won-hwa,
he built a mutual cooperation network with excellent engineers at home and abroad to establish his own original technology.
In 1973, it introduced velvet weaving technology and 20 book shuttles through a technical partnership with Hasegawa Industrial Co., Ltd. in Japan.
Since then, in 1975, he applied for patents on a method for manufacturing flexible V-shaped pile fabric using spinning yarn and a method for manufacturing cut pile fabric in 1978.
After that, in 1983 and 1985, 22 German rapier looms and 6 jacquard looms were introduced, respectively, and in 1988, a patent application was also filed for a twisted jacquard driving device for high-speed looms.
In 1977 and 1978, looking forward to its 20th anniversary, weaving factories were successively established: Semyeong Chemical Fiber(Samgyeok-dong, Daegu) and Sehwa Textile Industry(Ihyeon-dong, Daegu).
In addition to Youngdo Textile Factory 1, a factory specializing in dyeing and processing established in Nowon-dong, Daegu in 1971, three factories established an 800-yard velvet fabric batch production system for the first time in Korea.
As such, Lee Won-hwa, in his 30s, made ceaseless efforts and investments to develop 'original weaving and dyeing techniques'.
The anecdote that the factory's front yard was filled with machines and their accessories that failed to be developed at the time shows Lee Won-hwa's passion and perseverance.
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Establishment of a trade organization
Achievement of export of 10 million dollars

Starting with the Middle East market in 1975 and exporting to the Americas in 1978, it won the best export performance award from the Korea Trade Promotion Agency.
In 1982, as a result of the export drive through the establishment of a dedicated trade organization and a separate corporation in Myeong-dong, Seoul, it was awarded the 10 million dollar export tower in 1988.
Youngdo's velvet products, produced with its own technology and batch manufacturing system, received the highest praise in the world's finest velvet market for its beautiful luster, soft touch, and excellent durability that competitors cannot imitate.
Our major customers include <Ann Taylor> and <Talbot> in the US, <Giorgio Armani> in Italy, <Burberry> in the UK and <itochu Fashion> in Japan.
Meanwhile, Youngdo's major export destinations are Middle East 40%, Americas 20%, Europe 10%, China 10%, Japan 5%, and others 15%.
[As of 2010]
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40 billion investment, construction of Gumi plant
Establishment of weaving-dyeing-processing
batch production system

On the occasion of the 30th anniversary of the founding, Chairman Lee Won-hwa initiated production innovation, such as building anthology production facilities and efficient production management, for the sustainable growth of Youngdo.
Despite the fact that 70% of domestic textile companies moved their factories to China with the recognition of the decline of the textile industry in 1990, Chairman Lee Won-hwa judged that differentiated quality and 'made in KOREA' were rather Youngdo's competitiveness in the global market.
In order to overcome the crisis as an opportunity at the age of 50, he decided to invest 40 million dollars in Gumi, a high-tech industrial complex, to establish the world's largest velvet factory with batch production facilities ranging from twisting to weaving, dyeing, and processing.
In 1995, the 1st factory specializing in dyeing and processing and the 2nd factory specializing in twisting and weaving were completed on the 37,000㎡ site of Gumi Industrial Complex 3.
In 1997, 132 rapier looms were newly introduced, and a total of 182 rapier looms, including rapier looms in two factories in Daegu, secured the world's largest production capacity, producing 8 million yards per year.
In addition, in 1998, CPB dyeing machine, which can produce 500 to 5000 yards per 1 lot of velvet with uniform color and quality, was introduced and improved the dyeing process, which served as a driving force for pioneering the Japanese market where quality regulations are strict.
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Small thoughts become innovation
Water-washable Velvet

Acetate velvet (called double velvet), which was popular in the 70s and 80s, was popular for its beautiful luster and soft touch.
However, due to the disadvantage of lying down and damaging the pile when leaning or sitting, consumers said, 'You have to carry velvet clothes'.
Moreover, due to the trend of practicality and casual wear that has been blowing since the 1990s, consumers have preferred more active and easy-to-manage materials, and the velvet industry has shrunk.
One day in the early 1990s, Chairman Lee Won-hwa, who saw that the wrinkles of suit pants were angular due to ironing, tried to develop a velvet that could withstand any harsh environment by using 'thermoplasticity of synthetic fibers'.
Together with Lee Seong-yeol, the factory manager in charge of the production line at the time, he designed his own high-pressure dyeing machine, which is essential for polyester processing, and manufactured it by gathering scrap steel parts from a tool alley in Bukseong-ro, Daegu.
And as a result of repeating the washing experiment by making clothes with the first 7 yards of the sample, it was confirmed that the pile would not be damaged even when washed with water.
However, in the process of 'reduction processing', which softens stiff polyester fibers, a problem occurred that the fabric was torn.
One day on a business trip to Osaka, Japan, he saw that the durability of the silket fabric he had purchased was excellent, and he was able to solve the problem of wear and tear by changing the existing design method.
Micro velvet is the main character that made 'Youngdo' leap forward as a high-tech material company, and it is an innovative product in the global velvet industry and was selected as a world-class product.
It took 12 years for China to imitate the quality of Youngdo Micro Velvet.
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Entered the display industry Developed
LCD rubbing cloth

Chairman Ryu Byung-sun inherited the spirit of challenge and technology-oriented culture of the founder, Lee Won-hwa, and established the Youngdo Velvet Central Research Institute, and switched to high-tech material industries such as architectural interior, IT, and display.
LCD rubbing cloth, which began to be developed in 2005, is a technology that improves LCD display performance, and as a field occupied by a small number of Japanese companies it has high added value and high import substitution effect.
After the LCD panel developed with LG Display was installed in the iPad 2 in 2011, the world's best display manufacturers such as Samsung Display, Taiwan's TSMC, and China's BOE became Youngdo's clients.
It was designated as an INNO-BIZ in 2007 and a venture company in 2012 for Youngdo's technological perfection, semiconductor-level quality control, and localization of imported products.
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Yesterday's No. 1
textile company is leaping into a high-tech material company today !

The high-tech materials industry, which Youngdo, a 100-year-old artisan company has newly entered, develops innovative products that are more environmentally friendly and have improved properties than those used previously.
Advanced materials are in the limelight as electrical/electronic, energy, automobile, aviation, ship, construction, and environmental materials because they have excellent silk modulus, specific strength, heat resistance, corrosion resistance, and conductivity compared to conventional fibers, metals, and glass.
We are aiming for technology development and prototype production in 2020, such as 'environmental materials', 'electrical and electronic materials', and 'composite reinforced materials', and commercialization in 2030.
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1960s Founded
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heiyas@youngdovelvet.com
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YOUNGDO VELVET +82 02 2263 2763
FAX
+82 02 2263 2766
E mail
heiyas@youngdovelvet.com

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E mail
heiyas@youngdovelvet.com
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