Easyelectronics "This Year's Sales Target 31.6 Billion Won...Confident in 77% Growth Compared to Last Year"

[Asia Economy Reporter Minji Lee] Easytronics announced on the 17th through a public disclosure that its performance targets for this year are sales of 31.6 billion KRW and operating profit of 4.8 billion KRW.

Founded in 2008, Easytronics is a company that covers everything from development to manufacturing and sales of inverters, converters, and rectifiers, which are essential for electric vehicles and 5G communication equipment, based on power conversion technology. With high technological capabilities, it holds a high market share in the domestic commercial vehicle market and has actively marketed to domestic and international commercial vehicle markets through various references. As a result, the new contract with Woojin Sanjeon, a domestic commercial vehicle manufacturer, is in the final stages, and mass production deliveries are expected to begin as early as March. After that, mass production supply schedules are set with overseas commercial vehicle manufacturers as well.

Also, this year, as the domestic telecom frequency allocation is completed, the infrastructure construction for the 5G market is expected to accelerate. The increase in demand for communication products such as optical repeaters and rectifiers is expected to greatly contribute to Easytronics’ sales growth, as the company holds a high domestic market share in this sector.

A representative of Easytronics said, “We will strive to deliver results that meet investors’ expectations through high technological capabilities and more aggressive marketing activities.”

This content was produced with the assistance of AI translation services.