Isu Petasys has won an order from Samsung Electronics’ network business to supply multi-layer printed circuit board (MLB), TheElec has confirmed Tuesday.
It is the PCB maker’s first direct supply deal with Samsung Network.
Last year, Isu Petasys began supplying its MLB to telecom component and equipment maker KMW for the latter’s 5G radio station. The MLB are used in KMW’s massive MIMO radio, or MMR, whichwas co-developed by KMW and Nokia. The radio stations are used by the Finnish network giant.
The addition of Samsung as a client is expected to give Isu a much needed profit boost. The company posted 3 billion won in operating loss in the first quarter but analysts expect the firm to turn to black in the second quarter with operating profits of 5 billion won.
Last month, Isu Petasys said its PCB was a core component for 5G network equipment. It said the global investment into 5G networks was likely help its performance going forward.
Isu saw orders from US tech giant Cisco rise 30% in the first quarter. It said it expected Cisco and Juniper Network are expected to order 30 billion won each per month this year.
According to Synergy Research, the global Ethernet switch router equipment market was worth US$9.1 billion in the first quarter, down 14% from a year ago and the lowest in seven years.
Cisco controls over half of the global switch and router market. It marked 51% in the first quarter, according to the research firm.