Abstract
The company Daewoo Precision Industries imported fine blanking press of 40 tons from Switzerland with fine blanking tool in order to produce the fuse part of bomb in 1978 at first in Korea. About 1985 the first fine blanking tool for producing the door lock parts was manufactured in the company Gold Star (now LG). And then this technology was grown up with the growth of automobile industries in Korea. Now 31 companies are closely related to the fine blanking technology and there are total 146 fine blanking presses in Korea. The developments of fine blanking technology in industries have been oriented to the production of precise fine blanking parts, the reduction of die roll height on fine blanking parts, the production of complex fine blanking parts with progressive fine blanking tool including forming and forging technology, the production of high-strength steel fine blanking parts and so on. Some R&D activities in KITECH were introduced.