Exported Machine Tools Manufacturing Technology (Nantong, China) / Total number of accumulated shipments broke through 50,000
CNC lathe selected as a “World-class Product” (Ministry of Commerce Industry and Energy) Selected High Speed Machining Center “Top 10 New Technologies in Korea in (Ministry of Commerce Industry and Energy)
Ministry of Commerce Industry and Energy Korean Agency for Technology and Standards Selected as an outstanding company for exports in the large corporations division ($650 million) Established Construction Machinery Co., Ltd. in Yantai, China
Certified Vision-640i Korean New Technology (NT) (Ministry of Commerce Industry and Energy Korean Agency for Technology and Standards) Established Construction Machinery Co., Ltd. in Yantai, China Won the $700 million Tower of Export Award
Combined Turning Center selected as one of the top 10 new technologies in Korea in 2003 / Won the $1 billion "Tower of Export Award"
Changed to Doosan Infracore Inc. (April) / Won the Korean Society for Precision Engineering “Technology Innovation Award”
Doosan Mecatec Inc. Combined Machine Tools Division reached yearly revenue of 1 trillion won.
Established the largest research and development center in Korea
Vertical Machining Center (DNM series) “Glorious technology of Korea” by National Academy of Engineering of Korea