J. Stefan Advances Supply Discussions with Global Buyers... "Expecting External Growth"

[Asia Economy Reporter Hyunseok Yoo] J-Stephan, a company specializing in industrial printers, has increased the possibility of visible external growth through partnering meetings with major global buyers in the industrial printing sector.

J-Stephan announced on the 23rd that through partnering meetings at the 'NRF Retail's Big Show 2020' held last week in New York, USA, it held meetings with major multinational buyers centered in the US and Europe, such as 'Seven Eleven,' achieving supply and collaboration meeting results worth over $10 million.

J-Stephan conducted product supply consultations with retail companies possessing the largest global chain network in North America for mobile print products, as well as negotiations with a US airline, a US convenience store chain network, a South American IT manufacturing company, and the largest IT company in Mexico.

Based on the long-standing brand value of 'SEWOO,' the company explained that through meetings with global IT companies and retail firms, SEWOO's unique technology and product competitiveness were recognized. Additionally, through exhibitions of printers, peripherals, and retail market-related products, they discussed practical collaborations as well as overseas expansion plans for high-end industrial printers.

A company official stated, "The transaction volume mentioned through meetings with many companies during the US exhibition period exceeds at least $10 million," adding, "If final contracts are concluded with the buyers under discussion, we will announce it through a public disclosure, and meaningful sales expansion is expected based on this."

He continued, "The practical meetings with major global big buyers provided an opportunity to understand industry trends and the latest needs," adding, "J-Stephan's brand value and technological competitiveness, accumulated over a long period, have attracted attention, and we are currently proceeding to detailed supply negotiations beyond initial meetings, so visible external growth is expected this year."

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