UPDATED. 2020-10-19 19:27 (월)
Opticore chosen as direct supplier for SK Telecom 
Opticore chosen as direct supplier for SK Telecom 
  • Jong Jun Lee
  • 승인 2020.08.14 09:14
  • 댓글 0
이 기사를 공유합니다

Transceiver supply will boost 2nd half sales, company says
Image: Opticore
Image: Opticore

Optical module maker Opticore has been selected as a direct supplier of transceivers to SK Telecom, the company said on Thursday.

It is the second time that the module maker has been selected as a direct supplier by the telco.

It was first chosen late last year and supplied optical transceivers to SK Telecom.

Opticore said it plans to supply transceivers that shares the same specifications as last year’s but at a cheaper price to the telco this time around.

Sales from this second deal will be reflected on the company’s earnings beginning next year.

SK Telecom has buying transceivers directly staring this year instead of using network equipment companies as middlemen as it did in prior years. 

The change was due to increase its own profit margins and develop its own competence in transceivers, people familiar with the matter said.

Opticore was founded in February 2016. It posted 17.6 billion won in sales last year, most of them from Mux and Demux modules.

Meanwhile, OE Solutions and Lightron, South Korea’s largest and second-largest optical transceiver makers, respectively, saw their sales triple last year compared to 2018. This was due to roll out of 5G networks.

OE Solutions marked 210.3 billion in annual sales in 2019 and Lightron 112.8 billion won.

Opticore’s executives are led by ex-Lightron employees. Company CEO Simon Jin worked at Lightron for 10 years. It is being reviewed by the Ministry of SMEs and Startups to be chosen for government funding of up to 18.2 billion for five years.

Opticore secured 5.5 billion won in its Series A round in May. SBI Investment and KB Securities were some of the investors.

Opticore is aiming for sales of 18 billion won this year. It marked 4.8 billion won in sales in the first half of 2020.


댓글삭제
삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
댓글쓰기
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.

  • 816, Botanic Park Tower2, 213, Gonghang-daero, Gangseo-gu, Seoul, Republic of Korea
  • 대표전화 : 82-2-2658-4707
  • 팩스 : 82-2-2659-4707
  • 청소년보호책임자 : Stan LEE
  • 법인명 : The Elec Inc.
  • 제호 : THE ELEC, Korea Electronics Industry Media
  • 등록번호 : 서울, 아05435
  • 등록일 : 2018-10-15
  • 발행일 : 2018-10-15
  • 발행인 : JY HAN
  • 편집인 : JY HAN
  • THE ELEC, Korea Electronics Industry Media Prohibiting unauthorized duplication,publishing,modification and distribution the material on this Site for any purpose.
  • Copyright © 2020 THE ELEC, Korea Electronics Industry Media. All rights reserved. mail to powerusr@thelec.kr
ND소프트