HJWAVE “Pangyo Headquarters Relocation” Strengthening Customer Respons…
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작성자 관리자 조회597회 작성일 24-09-19 12:24본문
“Securing
manufacturing capabilities for parts, equipment, and EMS in the millimeter wave
RF field”
“Planning
to expand mobile communications and satellite communications business areas”
HJWAVE
(CEO: Tae-hwan Yoo), a millimeter wave RF specialized
company, announced that it has relocated its headquarters and research center
to Pangyo Techno Valley 2 to better respond
to customers and reinforce infrastructure. HJWAVE
CEO
Tae-hwan Yoo stated that “This decision was made to
effectively develop technologies through close-range business promotion and
cooperation with customers in autonomous driving, mobile communications, etc.,
as well as to proactively reinforce talent with both expertise and diversity.”
He added, “Based on the KRW 8 billion in investment attracted in the pre-A
series this year, we expect to achieve sales that exceeded our original
business plan, and we have been able to achieve results in expanding our
business area from parts (radar antennas) to equipment (radar EOL testers).” He
said, “We plan to continue investing in securing additional manufacturing
capabilities for millimeter wave RF components, equipment, and EMS, as well as
expanding our business areas of mobile communications and satellite
communications and advancing into the global market.” In the future,
HJ
Wave is establishing a plan to utilize the Pangyo area for its headquarters and research
institute and to separate its manufacturing operations to other areas, and is
currently working on reinforcing the human infrastructure of its management
organization for expansion into different industries and global advancement as
well as its research personnel accordingly. In addition, it expects to see
visible results from its business promotion for cooperation with global
battlefield companies in Europe in the second half of this year and for
advancing into the mobile communications business in the US and Japan, and
plans to push for a leap forward as a comprehensive RF solution provider by
expanding its existing business areas into civilian radar, ITS, surveillance
border, security, and mobile communication module businesses.
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