HJWAVE Signs MOU with Areum Electronics for Next-Generation Mobile Communication PCB Solution Development

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 HJWAVE (CEO Yoo Tae-hwan), a leading company specializing in millimeter-wave RF components and materials, announced on the 19th that it will collaborate with Areum Electronics to jointly develop next-generation mobile communication PCB solutions. On the same day, the two companies signed a memorandum of understanding (MOU) and agreed to cooperate in developing high-performance RF PCB solutions for next-generation mobile communication. HJWAVE plans to leverage its expertise in millimeter-wave (mmWave, 30–300 GHz) RF design and high-frequency component development to create PCB solutions optimized for next-generation mobile networks. In particular, the company aims to enhance its competitiveness by incorporating high-frequency signal transmission stability and low-loss, high-efficiency circuit design technologies, which are essential for 5G and future 6G environments. Yoo Tae-hwan, CEO of HJWAVE, stated, “By combining our RF technology with Areum Electronics’ PCB manufacturing capab...

HJWAVE Selects NH Investment & Securities as Lead Underwriter and Kiwoom Securities as Co-Underwriter for IPO

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  HJWAVE, a South Korean company specializing in autonomous driving RF components and materials, announced that it had sent out requests for proposals (RFPs) to major domestic securities firms last December to select underwriters for its IPO. Following a competitive presentation process, NH Investment & Securities was chosen as the lead underwriter, with Kiwoom Securities as the co-underwriter. The company is targeting a listing on the KOSDAQ market in the second half of 2026. Since its establishment, HJWAVE has raised a total of KRW 53 billion through two rounds of investment. Its headquarters and R&D center are located in Pangyo, and it currently operates a 1,270-pyeong (approximately 4,200-square-meter) manufacturing facility in Yongin. To accommodate the mass production of automotive electronic components, the company is preparing an additional manufacturing facility with a scale of 2,700 pyeong (approximately 8,900 square meters). HJWAVE’s proprietary millimeter-wave R...

HJWAVE attracts 45 billion won in investment

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  HJWAVE, a specialist in millimeter-wave (mmWave, 30~300GHz) RF technology, announced that it has successfully completed a KRW 45 billion funding round. The company is developing next-generation radar antennas for autonomous driving systems based on its proprietary millimeter-wave RF technology. In last year’s Pre-A funding round, HL Klemove, AFW Partners, Arges Private Equity, and Bitsensing participated. This round saw follow-up investments from AFW Partners and Bitsensing, alongside new participation from the Korea Development Bank (KDB), LB Investment, Industrial Bank of Korea (IBK), IBK Capital, KDB Capital, Kyobo Securities, Albatross Investment, Intervalue Partners, and L&S Venture Capital. Yoo Tae-hwan, CEO of HJWAVE, stated, “With this investment, we plan to strengthen our manufacturing capabilities and production infrastructure in preparation for full-scale mass production. Additionally, we will allocate funds to expand into overseas markets and diversify into new in...

HJWAVE Wins Innovation Award at KES 2024 (Korea Electronics Show)

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  Millimeter-wave (mmWAVE, 30~300GHz) RF specialist HJWAVE announced that it has been selected in the electronic components and materials category at the Innovation Awards during KES 2024 (Korea Electronics Show). The Korea Electronics Show (KES) is an exhibition hosted by the Ministry of Trade, Industry, and Energy and organized by the Korea Electronics Association (KEA). In its 13th year, the KES Innovation Awards recognized 37 products from 33 companies for their innovation, and HJWAVE won with its 3D waveguide antenna technology designed for autonomous driving. Yoo Tae-hwan, CEO of HJWAVE, stated, “Our company is currently receiving positive market evaluations not only for the technical value but also for the scalability and marketability of our products. Our business scope has expanded from components to equipment, and we are aiming to further grow into a manufacturing company based on our specialized RF technology.” He added, “Our strategy is to be a frontier in technology an...

Leaders September issue, 2024 - Yoo Tae-hwan, CEO of HJWAVE Co., Ltd. “We will grow into a global company pioneering and leading the radar antenna field”

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 HJWAVE Co., Ltd. continues to make remarkable progress. Last year, the company was solely selected for the national project of the Ministry of SMEs and Startups, focusing on the development of wideband, wide-angle antennas to reduce performance deviations between multiple channels. The research results are expected to reduce channel deviations by more than 60% compared to conventional technology. Additionally, HJ Wave was named as one of the 'Top Automotive Solutions Providers 2023' by CIO Review APAC, a specialist in the field of technology and solutions. This recognized the company's pioneering role in the increasingly important field of radar antennas for autonomous driving technology. HJ Wave's antenna structure technology with beam tilt functionality earned the company the Minister's Award from the Ministry of Trade, Industry, and Energy at the '2023 Korea Invention Patent Exhibition'. This year, the company was also selected in the future mobility sec...

HJWAVE Establishes Production Line for 3D Waveguide Antennas

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  <HJWAVE’s Factory in YongIn, Korea> HJWAVE (CEO Tae-Hwan Yoo), a specialized company in millimeter-wave (mmWAVE, 30~300GHz) RF technology, announced that it has established a 3D waveguide antenna production line. A representative from HJWAVE stated, “We have built the first phase of a mass production line for millimeter-wave 3D waveguide antennas at our YongIn factory. Currently, the capacity is set at 500,000 units per year, but by early November, we plan to expand production capacity to 2 million units annually by adding additional automation processes.” The representative further explained, “Depending on future orders, we plan to further expand the YongIn factory to increase production capacity to up to 15 million units annually.” The representative continued, “This newly established equipment can mass-produce products across various millimeter-wave frequencies, including 24GHz, 60GHz, 77GHz, 79GHz, and 140GHz, that we have secured in our lineup.” They further explained,...

HJWAVE Releases Beam Tilt Function Antenna for Autonomous Driving Corner Radar

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 Secures 6 Patents for 20 to 80-Degree Beam Tilt Structure Millimeter-wave (mmWAVE) RF specialist HJWAVE (CEO Tae-Hwan Yoo) announced on the 7th that it has launched an antenna with a beam tilt function designed to improve the installation of corner radar used in autonomous vehicles. Corner radar is a type of radar installed at the corners of a vehicle. A representative from HJWAVE stated, "Previously, vehicle radars were categorized based on distance into LRR (Long Range Radar), MRR (Middle Range Radar), and SRR (Short Range Radar). However, with the application of 3D waveguide antenna technology, there is now a trend towards classifying radars based on their installation positions." They explained, "Corner radar is mounted at four corners of the vehicle, enabling it to detect distances over 200 meters and provide 360-degree coverage around the vehicle. Beam tilt technology is essential for corner radar to ensure installation flexibility within the vehicle." The re...