Company Directory › Robotics › Core Components › SPG vs STEP Electric
SPG vs STEP Electric
SPG and STEP Electric are both core components companies. Their verified profiles differ on headquarters, country, industry focus, founding year and markets served. The table below sets out only those rows; everything else is on each company's own profile. Facts verified 6 November 2026.
Where they differ
| Company | SPG | STEP Electric |
|---|---|---|
| Headquarters | South Korea | Shanghai, China |
| Country | South Korea | China |
| Industry | Components — drivetrain, motors & control; robot reducers, actuators and geared motors | Industrial robots (SCARA and articulated), servo and drive systems, motion control, elevator control systems |
| Founded | — (not publicly disclosed; left blank rather than guessed) | 1995 |
| Markets served | Global, through domestic and international branches and agencies (company-stated) | Global; domestic Chinese manufacturing base with subsidiaries and operations in Germany, Malaysia, Brazil and Hong Kong |
How SPG and STEP Electric differ
One side of this pairing sells the geared heart of a machine; the other builds whole automation systems around it. SPG Co., Ltd. is a South Korean specialist in precision geared motors and reducers, covering robot reducers, actuators and geared motors, and it is listed on KOSDAQ under ticker 058610. Its founding year and company size are not publicly disclosed, and its head-office city is not stated on the official pages opened; the company states that it reaches global markets through domestic and international branches and agencies. Shanghai STEP Electric Corporation, headquartered in Shanghai, China, works at broader system scope: industrial robots including SCARA and articulated models, servo and drive systems, motion control and elevator control systems. Founded in Shanghai in 1995, STEP listed on the Shenzhen Stock Exchange (SZSE: 002527) in 2010, and in February 2025 Haier Group acquired a 10% equity stake with 19.24% of voting rights, becoming its indirect controlling shareholder. STEP manufactures in China with subsidiaries and operations in Germany, Malaysia, Brazil and Hong Kong. Buyers narrowing in on reducers and geared motors will read SPG's record closely, while integrators weighing full robot and drive line-ups will spend longer with STEP Electric's.
Frequently asked questions
What is the main difference between SPG and STEP Electric?
SPG is based in South Korea and STEP Electric in Shanghai, China; they also differ on country, industry focus, founding year, markets served. The table above sets out both companies' entries row by row.
Are SPG and STEP Electric in the same country?
No. SPG is based in South Korea and STEP Electric in Shanghai, China.
Can one sourcing request reach both SPG and STEP Electric?
Yes. SPG can be reached through spg.co.kr and STEP Electric through stepelectric.com, or post one sourcing request and let both answer if they fit.
Does GlobleMatch rank SPG above STEP Electric, or STEP Electric above SPG?
Neither. There is no pay-to-rank and no paid placement in comparisons; order and content come from verified profile facts only.
Run SPG or STEP Electric? Claim your free profile to keep your facts current.
Full profiles, with every fact and its source: SPG and STEP Electric. Profile facts last verified: SPG on 9 November 2026, STEP Electric on 6 November 2026.