What ValuePlus does

ValuePlus is a privately held South Korean electronic manufacturing services (EMS) company founded in 2000 and headquartered in Seongnam, South Korea. The company operates a three-country production footprint consisting of two Korean factories (the second established in 2019), a Chinese factory in Dongguan (second site added in 2017), and a Vietnamese facility under subsidiary Valueplus Vina (VPV), established in 2019, operational in 2020, and expanded in 2023. A Hong Kong subsidiary handles logistics and finance operations, and the group employs over 1,000 people globally with annual revenue exceeding 300 billion KRW. The company is led by CEO 육심길 (Yook Sim-gil) and operates as a founder/management-owned private entity with no disclosed external funding rounds.

The company's core offering is end-to-end EMS under OEM (customer design-based) and ODM/JDM (collaborative design) models, covering SMT mounting, assembly, testing, packaging, and logistics. Underlying capabilities include an in-house MES-based smart factory platform with real-time multi-site synchronization, 3D AOI and X-Ray inspection, AI-driven deep learning vision inspection for defect detection, and proprietary automation equipment and precision jigs manufactured internally at 0.01mm tolerance. The company manufactures products across four end-markets: storage devices (SSD, industrial memory, enterprise storage), network equipment (switches, routers, wireless modules, gateways), medical device control boards, and industrial/IoT modules. Samsung Electronics is the only named enterprise customer and was selected as a strategic outsourcing partner in 2024, with multiple Samsung division awards dating back to 2019.

Revenue is generated through project-based, inquiry-priced EMS contracts with multi-year billing cadences, determined by product specifications, volume, process complexity, material sourcing requirements, and production geography. The go-to-market is enterprise field sales, with direct customer engagement via dedicated sales teams, inquiry forms, phone (031-717-5880), and email ([email protected]). Stated performance metrics include 15,000 units/month consumer electronics production capacity, 99.9% yield on IoT device mass production, and a 75% reduction in NPI-to-mass-production lead time (2-3 months versus an industry baseline of 6-12 months). The company holds ISO 9001, ISO 14001, ISO 45001, CCC, SRRC, BIS, FMFA, RBA compliance, and Korean government certifications (Inno-Biz, Venture Company, Corporate Research Institute, Materials/Parts/Equipment Specialized Company), along with 19 registered Korean patents.

Name

ValuePlus

Legal name

(주)밸류플러스

Website

https://valueplus.co.kr

Company type

Private

Founded year

2000

Operating status

Operating

Short description

ValuePlus is a Korean EMS company providing end-to-end electronics manufacturing (OEM and ODM/JDM) including SMT, assembly, testing, and packaging. Operating across Korea, China, and Vietnam, it serves enterprise clients in storage, networking, medical, and industrial sectors with Samsung Electronics as anchor customer.

Ownership category

akta.pro rank

Product category

Electronic Manufacturing Services

NAICS

Commercial and Service Industry Machinery Manufacturing (3333)

SIC

General Industrial Machinery & Equipment (3560), Misc Industrial & Commercial Machinery & Equipment (3590)

akta.pro primary industry

Industrial Electronics Manufacturing Services (EMS) (IMAGAGAA)

akta.pro secondary industry

Test, Measurement & Calibration Equipment Manufacturing Services (ATE, DAQ, metrology electronics) (IMAGAGAH)

Keywords

• Electronic manufacturing services
• SMT assembly production
• OEM ODM manufacturing
• Smart factory MES
• Test automation solutions

Headquarters

HQ city

Seongnam

HQ country

South Korea

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. EMS Manufacturing Services: Electronic Manufacturing Services including OEM (Original Equipment Manufacturing) for customer designs and ODM/JDM (Original/ Joint Design Manufacturing) with design collaboration. Services cover SMT-Assembly-Test-Packaging one-stop process.
2. Design & Development Services: Product design support including DFM/DFT analysis, manufacturing optimization, VAVE cost reduction analysis. Hardware/software development, mechanical design, certification support.
3. Procurement & SCM: BOM verification, material sourcing, global supply chain management with alternative material proposals.
4. Test & Automation Equipment: Custom automation equipment and precision jigs manufacturing for special processes.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

ValuePlus is a global Electronic Manufacturing Service (EMS) provider offering end-to-end manufacturing from product planning to mass production, including SMT mounting, assembly, testing, and packaging. It delivers both OEM (customer-design-based) and ODM/JDM (collaborative design and development) manufacturing services, supported by a proprietary MES-based Smart Factory system and operations across Korea, China, and Vietnam.

Product overview

ValuePlus is an EMS (Electronic Manufacturing Service) company offering end-to-end electronics manufacturing from planning to mass production. The core offering consists of EMS services combining OEM (customer design-based manufacturing) and ODM/JDM (development-type manufacturing with collaborative design) models. Manufacturing capabilities include SMT Production Line with high-speed mounters and 3D inspection, Assembly Line with flexible semi-automation, Smart Factory MES platform for multi-site synchronized production management, Quality Assurance System with reliability engineering, and Test & Automation Solutions for custom equipment and precision jigs. The company manufactures Storage, Network/Device, Medical, and Industrial electronic products. All capabilities are supported by AI Vision inspection and real-time production monitoring.

Differentiator

Problem solved

Functional benefit

Products and services

• EMS (Electronic Manufacturing Service) Full-service electronics manufacturing including SMT mounting, assembly, testing, and packaging. Covers OEM manufacturing that connects customer designs to stable production systems, and ODM/JDM development-type manufacturing with collaborative design and verification. Targeted at enterprise OEMs.
• SMT Production Line

Quantifiable outcome

• 99.9% yield rate achieved in IoT device mass production with defect rate below 0.1%
• +4 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature6 records

Partnerships

One partnership is on record.

• Samsung ElectronicscoreStrategic or Co-development Partner · 1 January 2024Strategic EMS outsourcing partner selected by Samsung Electronics in 2024. Long-standing relationship with multiple Samsung divisions including DS (Device Solutions) and semiconductor units. Awarded Samsung Electronics DS Division Best Development Company in 2023. Previous recognition as Samsung Electronics Semiconductor Division Excellent Partner in 2019-2020. ValuePlus supports Samsung's IoT devices, consumer electronics, and semiconductor-related products.

Scale indicators7 records

Recent moves11 records

Expansion highlights5 records

Direct peers

• Plexus Corp: US-headquartered mid-tier EMS company focused on complex, regulated products in industrial, healthcare/life sciences, and aerospace/defense. Closely comparable mid-market positioning to ValuePlus and similar emphasis on engineering-driven EMS and long-term OEM relationships.
• Jabil: US-headquartered global EMS (Electronic Manufacturing Services) provider offering SMT, assembly, testing, and supply-chain services across storage, networking, and industrial end-markets. Directly comparable to ValuePlus in core service mix and vertical-agnostic EMS positioning, though operating at substantially larger scale.
• USI (Universal Scientific Industrial): Taiwanese-headquartered ODM/EMS provider under ASE Technology specializing in Wi-Fi modules, networking, storage, and consumer electronics assembly. Closely comparable mid-market scale, end-market overlap, and joint-design (JDM/ODM) offering to ValuePlus.
• Pegatron: Taiwanese EMS provider with strengths in consumer electronics, networking, and computing assemblies. Closely comparable SMT-and-assembly capability to ValuePlus and overlapping customer base with major East Asian OEMs including Samsung-adjacent devices.
• Flex (Flextronics): Global EMS provider with a diversified services portfolio spanning design, manufacturing, and aftermarket across multiple end-markets including storage, networking, and industrial. Closely comparable business model to ValuePlus with deeper scale, broader geographic coverage, and a similar OEM outsourcing thesis.
• BYD Electronic (International) Company: Chinese-headquartered EMS provider serving smartphones, IoT, automotive electronics, and storage customers. Closely comparable Asian EMS positioning to ValuePlus with overlapping customer base and manufacturing footprint in southern China.
• Benchmark Electronics: US-headquartered mid-tier EMS provider serving industrial, aerospace/defense, medical, and advanced computing markets. Closely comparable to ValuePlus in vertically specialized EMS, mid-size scale, and emphasis on engineering and complex-reliability programs.

Broad incumbents

• Foxconn (Hon Hai Precision): The world's largest EMS provider with diversified consumer, networking, computing, and emerging-tech manufacturing. Overlaps with ValuePlus in core EMS services across storage and networking, but operates at vastly greater scale with broader end-market exposure.
• Wistron: Taiwanese ODM/EMS company serving computing, networking, and consumer electronics OEMs. Comparable to ValuePlus in core assembly-and-test capabilities and East Asian geographic orientation, though significantly larger and more vertically integrated.

Regional players

• SFA (formerly SFA Semi Tech / Daeduck EMS-adjacent Korean peers): Korean-headquartered electronics manufacturing solutions provider serving domestic Korean OEMs with EMS and assembly services. Directly comparable regional peer to ValuePlus in Korean customer base and language/cultural proximity, though primarily Korea-domestic vs. ValuePlus's tri-country footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ValuePlus