What FINETEK does

FINETEK (주식회사 파인텍) is a South Korea-based KOSDAQ-listed (since August 2015) precision equipment and components manufacturer founded in 2008. The company operates four integrated business divisions: (1) display manufacturing equipment, including COG/COF/COP/FOG bonding systems, AOI/ART inspection, and integrated inline systems for rigid and foldable OLED panels; (2) secondary battery manufacturing equipment spanning capacitor assembly, winding post-process, 2D marking, stack bonding, and ATC buffer handling; (3) display parts including touch key capacitive sensors, digitizer ACF bonding components supplied into Samsung Galaxy devices, and the FINETAG electronic shelf label (ESL) IoT system; and (4) Air Touch, an infrared-based contactless touch sensor business operated as a global value-added reseller for Sweden's Neonode. Core technology centers on precision mechatronics and sub-millimeter bonding accuracy, anchored by world-first developments including OLED Hybrid Bonding equipment (2017) and foldable OLED bonding equipment (2018). FINETEK holds an exclusive supplier position for foldable OLED inline systems at Samsung Electronics Mobile, with additional customers including Samsung Display, Samsung SDI, Hyundai Mobis, JOLED (Japan), and major Korean, US, and European retail chains for ESL deployments.

The company's revenue model is enterprise B2B direct sales, with revenue recognized on equipment delivery and installation for capital equipment and high-volume component supply for parts. Global operations span Korea (Anyang headquarters relocated from Seoul Mapo-gu in April 2025, plus Cheonan and Busan Gijang manufacturing), China (Dongguan subsidiary, 100% owned since 2012), Vietnam (four factories in Ha Nam, 100% owned since 2013), and the USA (FINETEK USA sales subsidiary in Los Angeles since 2017). FY2024 revenue reached 710 billion KRW (up 58% year-over-year) with operating profit of 1.9 billion KRW (up 216% year-over-year). Following FY2024, the company is executing a strategic pivot into foodtech robotics through a partnership with Helper Robotics announced in April 2026, with cooking automation robots targeted for Q1 2026 completion.

Name

FINETEK

Legal name

주식회사 파인텍

Website

https://ifinetek.com

Company type

Public

Founded year

2008

Operating status

Operating

Headcount range

101–250 employees

Short description

FINETEK is a South Korea-based KOSDAQ-listed manufacturer of precision bonding and inspection equipment for OLED displays, secondary batteries, and IR contactless sensors, with exclusive supply positions at Samsung Electronics and a four-division business spanning display equipment, battery equipment, display parts, and IoT retail systems.

Ownership category

akta.pro rank

Product category

Display Manufacturing Equipment

NAICS

Electrical Equipment Manufacturing (33531), Semiconductor and Related Device Manufacturing (334413)

SIC

Electronic Components & Accessories (3670), Semiconductors & Related Devices (3674), Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

Back-End/Advanced Packaging Equipment (Die Attach/Wire Bond/Flip-Chip/TCB) (HDAHAEAL)

akta.pro secondary industry

Smartphone Components & Modules (Displays, Cameras, Batteries, Sensors, RF modules) (CRACALAD)

Keywords

• Display manufacturing equipment
• Secondary battery equipment
• OLED bonding equipment
• Electronic shelf labels
• Contactless touch sensors

Headquarters

HQ city

Mapo

HQ country

South Korea

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Display Equipment Sales: Sale of display manufacturing equipment including COG/COF/COP/FOG/FOF bonding equipment, AOI/ART inspection systems, inline systems for rigid and foldable panels, and R-Hybrid/F-Hybrid systems. Revenue recognized from equipment delivery and installation at customer facilities.
2. Secondary Battery Equipment Sales: Sale of secondary battery manufacturing equipment including Cap Ass'y In-Line, winding post-process, 2D Marking, Stack Bonding, and ATC Buffer equipment to battery manufacturers.
3. Display Parts / Components: Manufacturing and sale of display components including Touch Key Systems (capacitive touch sensors), Digitizer ACF Bonding parts for Galaxy devices, and TSP (Touch Sensitive Panel) modules. Revenue from high-volume component supply to major OEMs.
4. Air Touch Sensor Sales: Sale and distribution of Air Touch (contactless infrared touch sensor) systems and modules. VAR relationship with Neonode for global distribution. Applications in elevators, ATMs, vehicles, medical monitors, and kiosks.
5. Electronic Shelf Label (ESL) System: Sale of FINETAG ESL hardware (e-Paper tags in various sizes) and software platform (Local/Central/Cloud server options) for retail price management and IoT-based information display.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

FINETEK manufactures and sells four categories of offerings: (1) display manufacturing equipment for rigid, foldable, and hybrid OLED/LCD panels including COG/COF/COP/FOG bonding machines, AOI inspection systems, and inline systems; (2) secondary battery assembly equipment including Cap Ass'y In-Line, winding post-process, 2D marking, stack bonding, and ATC buffer equipment; (3) display components such as Touch Key Systems, Digitizer ACF bonding modules, and FINETAG electronic shelf labels; and (4) Air Touch contactless infrared touch sensor systems distributed via partnership with Neonode. Customers are primarily major electronics OEMs including Samsung Electronics and Samsung SDI.

Product overview

FINETEK is a display industry global leader offering four integrated business divisions: (1) Display Equipment - standalone process equipment and integrated inline systems for rigid, foldable, and hybrid display panel manufacturing; (2) Secondary Battery Equipment - manufacturing equipment for capacitor assembly, winding post-process, 2D marking, stack bonding, and buffer operations; (3) Display Parts/EMS - Touch Key System for home appliances, Digitizer ACF bonding for Samsung Galaxy devices, and FINETAG ESL electronic shelf label system with various tag sizes and server options; (4) Air Touch Contactless System - infrared-based touchless sensor technology (powered by Neonode) for mid-air touch, gesture control, and object detection in elevators, ATMs, vehicles, medical monitors, and kiosks. The company also entered the foodtech robotics market with cooking automation robots in 2026.

Differentiator

Problem solved

Functional benefit

Brands

• FINETAG: Electronic Shelf Label (ESL) system for retail price management and smart labeling, utilizing IoT-based software and electronic price tags.
• Air Touch

Products and services

• Display Equipment (디스플레이장비) Manufacturing equipment for display production including panel loading, cleaning, bonding (COG/COF/COP/FOG/FOF/FOP/TFOG/TFOF), optical inspection (AOI), resistance testing (ART), and resin dispensing. Targeted at display panel manufacturers (OEMs).
• Inline Systems for Display Panels (인라인 시스템) Integrated inline systems for rigid, foldable, and hybrid display panel manufacturing including Rigid Inline, Foldable Phone (world's first, Samsung exclusive), R-Hybrid, F-Hybrid, and Hybrid systems. For display panel OEMs.
• Standalone Process Equipment (단독공정설비) Individual manufacturing equipment units for display production: Panel Loader, Cleaning M/C, COG/COF/COP Bonding, AOI+ART inspection, CRD+2D PRINT, FOG/FOF/FOP Bonding, TFOG, and TFOF machines. For display panel manufacturers.
• Secondary Battery Equipment (2차전지 장비) Manufacturing equipment for secondary (rechargeable) batteries including CAP ASS'Y IN-LINE, winding post-process equipment (TAP/PRS/WEI/VIS/COV), 2D marking (FRU/RRU/LMK), stack bonding (LOD/DSP/VIS/COV), and ATC buffer equipment. For battery cell manufacturers such as Samsung SDI.
• Touch Key System Capacitive touch control panels for home appliances (washing machines, ovens, induction cookers, rice cookers), AV devices, OA equipment, mobile phones, and automotive electronics. Replaces membrane switches with over 50% cost reduction. For consumer electronics and appliance OEMs.
• Digitizer ACF Bonding Digitizer components with ACF (Anisotropic Conductive Film) bonding for stylus pen support in mobile devices. Applied in Samsung Galaxy Foldable and Ultra series including Z Fold4, Z Fold3, S23 Ultra, S22 Ultra, S21 Ultra, Note20 Ultra, and Note 10 Plus, plus Galaxy Tab S series. For consumer electronics OEMs.
• FINETAG ESL System (Electronic Shelf Label) IoT-based electronic shelf label system for retail price management. Includes ESL tags (FNT75/58/42/29/22/16 and freezer versions FNT42F/29F/22F), access points (AP), remote controls, and software platform with local, central, or cloud server options. POS integration via HTTPS Open API, FTP, or Excel upload. For retail chains in Korea, US, and Europe.
• Air Touch Contactless Touch System Infrared-based contactless touch sensor system using Neonode technology enabling multi-touch without physical contact. Supports mid-air touch, gesture control, object detection, and touch on any display surface. Single 1-bar integrated design with over 7,500 units shipped globally. Applied in elevators, ATMs, vehicles, medical monitors, and kiosks. For system integrators and OEMs.

Quantifiable outcome

• 50%+ cost reduction in touch sensor manufacturing compared to membrane switch alternatives
• +6 more outcomes

Named customers11 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Eight partnerships are on record, tiered flagship, minor and core.

• Helper Robotics (헬퍼로보틱스)flagshipStrategic or Co-development Partner · 23 April 2026Joint development of an integrated unmanned food service platform combining cooking automation and logistics automation. This is a new food service robot initiative targeting labor-short hospitality markets. FINETEK is developing cooking automation robots while Helper Robotics provides logistics automation capabilities.
• SDTminorStrategic or Co-development Partner · 14 October 2024Strategic investment and partnership with SDT, a quantum standard technology specialist company. Pursuing technology collaboration and strategic synergies.
• RootSensor (루트센서)minorStrategic or Co-development Partner · 8 January 2024Investment in UV sensor company RootSensor to strengthen collaboration in mobile and sensor technologies. Investment as part of technology partnership development.
• YMXminorStrategic or Co-development Partner · 11 August 2023Investment in metaverse platform specialist YMX for strategic partnership and synergy effects. Part of technology diversification strategy.
• JOLEDcoreStrategic or Co-development Partner · 1 October 2020First order for large OLED bonding equipment from JOLED of Japan in October 2020. This represented FINETEK's entry into the large-format OLED equipment market outside Samsung.
• LaonCrew (주)라온크루minorStrategic or Co-development Partner · 1 August 2020Subsidiary company established in August 2020 for the production and sale of 'EllaOn Mask' (엘라온 마스크). FINETEK developed mask production automation equipment and LaonCrew handled production and sales. This was a pandemic-era initiative.
• FinePlus (주)파인플러스coreStrategic or Co-development Partner · 1 August 2019Subsidiary company established in August 2019 to officially launch the secondary battery equipment business. This entity is the primary vehicle for FINETEK's secondary battery equipment operations.
• NeonodecoreChannel Partner/ Reseller/ DistributorNeonode is a Swedish technology company specializing in optical touch technology. FINETEK serves as Neonode's Value Added Reseller (VAR) for Air Touch (contactless infrared touch sensor) products globally. FINETEK uses Neonode's proven technology with over 7,500 units shipped worldwide. The 1-bar integrated design enables true contactless touch on any surface.

Scale indicators13 records

Recent moves17 records

Expansion highlights5 records

Direct peers

• LIG ADP: Korean display and OLED panel equipment maker (formerly SNU Precision) serving Samsung Display and other panel makers with bonding, inspection, and related process equipment — directly comparable to FINETEK's display equipment business.
• PNE Solution: Korean secondary battery manufacturing equipment and engineering firm focused on cell assembly and pouch forming equipment; competes with FINETEK for capex orders from battery OEMs such as Samsung SDI and SK On.
• AP Systems: Korean manufacturer of display and semiconductor process equipment (PVD, CVD, etch) supplying Korean display and secondary battery customers; competes directly with FINETEK in Korea-based display equipment RFPs.
• Pricer: Swedish electronic shelf label (ESL) vendor serving major European and global retailers; directly comparable competitor to FINETEK's FINETAG ESL business across geographies and retail verticals.
• SES-imagotag: Global market leader in electronic shelf labels (VusionGroup) headquartered in France; directly competes with FINETEK's FINETAG ESL brand in European, American, and Asian retail deployments.
• SFA Engineering: Korean listed maker of display manufacturing equipment (scribing, module) and secondary battery production equipment; closely comparable diversified industrial equipment peer to FINETEK's display and battery verticals.
• V Technology (V-tec): Japanese OLED display equipment and measurement systems maker serving Korean, Chinese, and Japanese panel manufacturers — a direct equipment peer for OLED bonding and inspection with similar customer base to FINETEK.
• Sungmoon Hitech (SMD): Korean secondary battery production equipment specialist supplying cell assembly, formation, and packaging equipment to Korean battery makers — a direct peer for FINETEK's FinePlus-driven battery equipment business.

Others

• Neonode: Swedish optical touch and contactless sensor technology licensor — FINETEK serves as Neonode's Value Added Reseller for Air Touch globally, making Neonode an upstream technology supplier/partner rather than a direct competitor.

Broad incumbents

• Canon Tokki: Canon-owned global leader in OLED evaporation and deposition equipment serving all major OLED panel makers; broader incumbent whose equipment footprint overlaps with FINETEK's bonding/assembly role in the OLED value chain.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/finetek-co-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries6 records

Funding overview

Funding rounds

Investors

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

M&A

Investments1 record

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

Frequently asked questions about FINETEK