GigaLane’s dominance in semiconductor and RF industries shows technological excellence
Arrival of Jang Il-jun as CEO of South Korean company has seen it streamline itself into two main businesses and focus on increasing profitability
[Country Business Reports interviews and articles by Discovery Reports www.discoveryreports.com]
Listed on the Korean Securities Dealers Automated Quotations, GigaLane is a US$100 million South Korean company running three businesses – semiconductor equipment manufacturing, semiconductor equipment trading and high-frequency radio frequency (RF) connectivity products manufacturing.
GigaLane has a 60 per cent share in the global light-emitting-diode (LED) etcher market, making it the world’s No 1, and is the only company in South Korea able to manufacture RF cables and connectors exceeding 6GHz, which will be used as the main frequency bandwidth in the fifth-generation wireless systems (5G) telecommunications. It is ideally positioned to ride the current wave of huge demand for semiconductors and LEDs, and the 5G telecommunication infrastructure upgrade set to start this year.
We will put our utmost efforts on growth in 2018 as a stable and sustainable profit model is secured
GigaLane’s customers include South Korea’s premier companies, such as Samsung Electronics, and more than 200 foreign companies including GLOBALFOUNDRIES, NXP Semiconductors, Boeing and Nokia.
As a global company, GigaLane secures more than two-thirds of its sales from its exports. To expand on this success, GigaLane focuses heavily on research and development (R&D), allocating 20 per cent of its total revenues evenly between capital expenditures and R&D. The result has led to close to 300 patents and more than 200 world-leading products under development.
History
GigaLane was established with high-frequency bandwidth RF connectivity technology exceeding 40GHz, an area no other South Korean company had tackled.
