Utronix
Flexible printed circuit boards for automotive and mobile.
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 dataAt 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
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Sep 2023 | $17M | $67M | Undisclosed | ↗ |
Growth signals
Latest recorded traffic for Utronix is 850 monthly website visits, up 49.1% over the last three months.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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