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Utronix

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Flexible printed circuit boards for automotive and mobile.

South KoreaSemiconductors
Valuation $100–250M Last recorded · 2023
Total funding $10–50M Disclosed equity funding
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About Utronix

Utronix, established in February 2004, is a South Korean manufacturer specializing in flexible printed circuit boards (FPCBs). The company's core business revolves around producing FPCBs for the automotive, mobile, and healthcare sectors. Utronix serves a high-profile client base that includes major automotive brands like Hyundai, Kia, Volkswagen, Porsche, General Motors, and Volvo, as well as technology giants such as Samsung and Apple. The company's headquarters and primary manufacturing facilities are located in Ansan, Gyeonggi-do, South Korea.

The company was founded by CEO Eun-il Kim. Since its inception, Utronix has focused on technology development and quality management. A significant milestone was achieved in 2019 when Utronix developed and began mass production of the first FPCB for electric vehicle batteries in Korea. The company has expanded its global footprint with the establishment of a corporate body in Yantai, China, in 2008 and an investment in a joint-stock company in Vietnam in 2015. Throughout its history, Utronix has received numerous certifications, including ISO 9001 and ISO 14001 in 2006, and TS 16949 in 2013, underscoring its commitment to quality. In 2017, it was selected as an Excellent Technology Research Center (ATC) by South Korea's Ministry of Trade and Industry.

Utronix's business model is centered on the manufacturing and supply of FPCBs as a key component provider to various industries. Its primary revenue stream comes from the sale of these components to its corporate clients. The company positions itself as a technology-focused enterprise, emphasizing continuous development to provide efficient and optimized products. This strategy has enabled Utronix to establish stable production lines and maintain price competitiveness. Its main product lines are categorized into automotive, mobile, and healthcare applications. For the automotive sector, they were the first in their industry to receive Hyundai Motors SQ certification in 2015. In the mobile sector, they became a registered partner for Samsung's wireless division in 2010. The company also produces components for healthcare wearables.

Source: Dealroom company data

At a glance

Status
Operational
Headquarters
South Korea
Open positions
None listed
Dealroom signal
0.0/100
Industry
Semiconductors
Sector
Semiconductors, Sustainable Development Goals, Climate Tech, Electric Mobility, Semiconductor Designers and Manufacturers, Semiconductor Materials
Business model
Manufacturing
Client focus
b2b
Links
Website

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Sep 2023 $17M $67M Undisclosed ↗
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Growth signals

Utronix website traffic

Latest recorded traffic for Utronix is 850 monthly website visits, up 49.1% over the last three months.

Latest monthly visits850 3-month web change+49.1%
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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

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Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇰🇷 South Korea HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Utronix on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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