Avatec Co.,Ltd. (South Korea)

Avatec Co., Ltd. is a company located in Daegu, South Korea. Founded in 2000, it is listed on the KOSDAQ stock exchange. The company specializes in the production of IT parts and materials through continuous research and development and management innovation. Avatec's main focus is on producing high-performance thin film coating products using Korea's largest vacuum multilayer film deposition facility and process technology. They also have their own etching technology to reduce the thickness of flat panel display devices, in line with the trend of light weight and thinning. Additionally, they provide in-line back ITO coating to prevent static electricity on display panels. In 2018, Avatec expanded its business to include the production of laminated ceramic capacitors (MLCC), which are in high demand in the electronics industry. This move aligns with the growing markets of IT devices, self-driving cars, the Internet of Things (IoT), and fifth-generation (5G) communications. To enter the automotive MLCC market, which is considered an IT and high-end product, Avatec has implemented a differentiation strategy. They have developed a core manufacturing process and advanced production technology for high-capacity, thin-layer MLCC products. The company has also obtained IATF16949 certification and AEC-Q200 approval. Avatec aims to go beyond customer satisfaction and impress customers through their belief in challenge, pioneering, and creating. They strive to diversify their business and continue to leverage their competitive advantage in technology.