UPDATED. 2024-03-17 19:01 (일)
Sunic expects more orders for Micro-OLED deposition equipment
Sunic expects more orders for Micro-OLED deposition equipment
  • Gijong Lee
  • 승인 2020.03.24 22:08
  • 댓글 0
이 기사를 공유합니다

Operating profit jumped 34.6% in 2019
Sunic System founder Park Jae-gyu
Sunic System founder Park Jae-gyu

Sunic System is expecting to land more orders for its micro-OLED deposition equipment beginning this year, according to the company’s founder on Mar. 23.

Park Jae-gyu said at the company’s regular shareholders’ meeting at Gyeonggi Province that based on the firm’s market leadership, he believes this year would be better than 2019 when Sunic failed to land mass production orders from China’s Visionox – the order went to Japan’s Canon Tokki.

Despite the disruption, the company managed to spike its operating profit by 34.6% on-year based on growth in the small-sized deposition equipment market. Sunic is seen to hold up to a 90% share in the global markets.

 

Sunic System HQ
Sunic System HQ

 

Micro-OLED is cited as next-generation display technology that is widely expected to be applied to virtual and augmented reality panels.

"There has been forecasts that the OLED market will grow on the launch of foldable smartphones, and we plan to grab this opportunity to further expand our market this year and in 2021,” said Park.

Sunic System posted sales of KRW 87.6 billion in 2019, down 25.7% on-year, but its operating profit jumped 34.6% to KRW 11.4 billion. "Sales suffered a bit, but we managed to post a bigger profit based on stable supplies and cost-cutting efforts.”

About 95% of Sunic System’s revenues are derived from OLED deposition equipment. The company expects its sales for this year to be similar to that of 2019.

 

The Elec is South Korea’s No.1 tech news platform.


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

  • 515, Nonhyeon-ro, Gangnam-gu, Seoul, Republic of Korea 4F, Ahsung Bldg.
  • 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 © 2024 THE ELEC, Korea Electronics Industry Media. All rights reserved. mail to powerusr@thelec.kr
ND소프트