UBIVELOX Signs Metal Card Supply Agreement with Hyundai Card

UBIVELOX announced on the 13th that it will supply metal cards to Hyundai Card. UBIVELOX has been expanding its presence in the high value-added product market on all fronts, such as by establishing new factories for metal cards and BLE cards last year. The reason UBIVELOX is strengthening its competitiveness in materials like metal is that high value-added products are significantly more profitable than standard PVC cards.

Kang Jeonggyu, Executive Vice President overseeing the Corporate Strategy Division, stated, "We have been steadily supplying smart cards to countries such as those in the Middle East, Southeast Asia, and Japan, and we established a mass production system in the first half of 2024 to meet the high value-added smart card demands of each region. Based on this, we are expanding into the United States and Europe and strengthening our market references both domestically and internationally, so we are confident that we will continue to deliver even better results."

In addition to finance and telecommunications (USIM), UBIVELOX is also expanding its business by supplying security and authentication chips for automobiles, home appliances, smart meters, and medical devices. In particular, the security and authentication segment is expected to contribute to performance growth, as it can be extended to any industry where information is exchanged.

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