Koh Young Technology Posts Highest Sales in History for Q2 2017
Seoul, South Korea – Koh Young Technology, the leading 3D measurement inspection solutions provider, posted its highest quarterly revenue, thanks in part to its growing 3D AOI sales. Koh Young reported revenue of $47.5 million, an increase of 24% on a quarter on quarter basis.
While its 3D SPI remains as a dominant player in the market, 3D AOI is seen as a core factor for Koh Young’s outstanding achievement in the second quarter. The Zenith 3D AOI series measures true profilometric shape of components, solder joints, patterns, and even identifies foreign material on assembled PCBs, all using True 3D measurement. Because the Zenith offers significant process advantages including lower false calls and higher productivity, it has gained popularity across the global electronics manufacturing industry.
Looking ahead, Koh Young expects to accelerate progress towards the realization of its long term vision to provide the world’s most advanced 3D measurement quality assurance solutions. By expanding the use of IP(Intelligent Platform), its own AI platform, the company sees its future as a hub for Smart Factory Solutions, where their KSMART solution will play an essential role.
Commenting on the milestone, Dr. Kwangill Koh, CEO of Koh young Technology remarked “We would like to thank our customers for helping us deliver all-time high quarterly revenue in history,” he continued “We will continue to make aggressive investments in R&D, talent acquisition and most importantly in quality assurance to improve our customer experience.”
About Koh Young Technology Inc.
Koh Young Technology Inc., the leading 3D measurement-based inspection equipment and solutions provider, performs an essential role for quality control and process optimization across a growing set of industries including printed circuit board assembly, machining and assembly process manufacturing, semiconductor manufacturing, and various medical fields. In addition to corporate headquarters in Seoul, Korea, Koh Young has established sales and support offices in Germany, Japan, Singapore, China, and the United States. The local facilities ensure Koh Young maintains close communication and support with our customers, while providing a global network to support its customers.
Press and Reader Information Contact: For Release September 12, 2017
Jenny Yuh Tel: +82 2 6343 6109