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HJWave 'Pre-A Series 8 Billion Won Common Stock Investment Attracted'

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작성자 관리자 조회463회 작성일 24-09-19 12:20

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HJWAVE (CEO Tae-hwan Yoo), a millimeter wave RF company, announced on the 17th that it has attracted 8 billion won in common stock pre-A Series investment. This is the first investment since its establishment, and two strategic investors (SI) and two financial investors (FI) participated. The investment is planned to be used for infrastructure construction, business expansion into various industrial fields, and global advancement.


HJWAVE CEO Tae-hwan Yoo said, “We will not be intoxicated by the results of corporate value evaluation and investment attraction, but will pursue the business with a sense of responsibility to meet the market’s evaluation and contribute to the industry so that we can achieve real and objective results.” 


He also said, “We plan to expand the application of products using our millimeter wave RF technology to various industrial fields such as autonomous driving radar and mobility, as well as mobile communications and satellite communications, and based on our experience in ‘EoL (End Of Line)’ inspection equipment, we will have a leap forward with qualitative and quantitative growth in the future by expanding our business into the millimeter wave manufacturing field.”

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