HJWAVE Headquarters and R&D Center moved to Pangyo…Customer Response and Human Infrastructure Reinforcement
Expansion of EMS business area of parts and long secretary in millimeter wave RF field
On the 12th, millimeter wave RF specialist company HJWAVE Co., Ltd., (CEO Yoo Tae-hwan) announced that it has relocated its headquarters and research center to the 2nd Pangyo Techno Valley to enhance customer support and human infrastructure.
Yoo Tae-hwan, CEO of HJWAVE, stated, “This decision was made to effectively develop technologies through close proximity to and collaboration with customers in areas such as autonomous driving and mobile communication, as well as to strengthen expertise and diversity by actively reinforcing talented personnel.” He further added, “After expanding our business scope from components (60, 77, 79 GHz radar antennas) to equipment (60 GHz, 77 GHz radar EOL testers) following the successful investment attraction of the Free A series, we anticipate achieving results that will shorten the timeframe by more than two years compared to our revenue plan for this year.”
Furthermore, CEO Yoo stated, “We plan to pursue the expansion of business areas and global expansion through securing manufacturing capabilities in the 60, 77 GHz millimeter wave domain and focusing on mobile communication and satellite communication, through additional investment attraction.”
In the future, HJWAVE plans to operate its headquarters and research center in the Pangyo area and diversify its manufacturing sector by selecting another region that can ensure competitiveness.
The company is also actively pursuing various initiatives and collaborations, such as cooperating with European global players to preempt the millimeter wave domain in industries such as mobile communication, defense, and satellite communication, as well as entering the mobile communication market in the United States and Japan, which have not yet been fully activated compared to the autonomous driving radar field. Through these efforts and customer expansion, the company aims to leap forward as a comprehensive millimeter wave (30-300 GHz) RF solution provider within the next few years.