Agencomm

What Agencomm does

Agencomm (AGENCOMM.CO.,LTD. / (주)아젠컴) is a privately held South Korean manufacturer founded in November 2014 and headquartered in Siheung-si, Gyeonggi-do. The company produces smart card substrate tapes — the core carrier material used in the lamination of SIM/USIM cards, payment and banking cards, passports and government IDs, RFID and IoT modules, and biometric devices. Its product portfolio comprises four lines: Single (single-sided substrate for SIM/USIM applications), Dual (dual-sided substrate for payment, passport, ID, RFID, and IoT), Material (substrate material for RFID), and Customized (configured substrates with selectable Glass Epoxy Film, Glass Epoxy Prepreg, Adhesive Film, and ED Copper materials, thicknesses from 20μm to 110μm, tolerances down to ±3.0μm, and plating options including Ni/Au, Ni/Pd, Ni-only, Eco, and Ultra). All production runs on reel-to-reel manufacturing lines first established in February 2016, with the company operating dual factory capacity consolidated into a new Siheung-si production site in July 2018.

The company holds ISO 9001 (March 2015) and ISO 14001 (February 2017) certifications. Its go-to-market is a direct B2B sales motion: the website serves primarily as a technical catalog with a contact form and the email [email protected] routing inquiries to CEO Nicolas Kang. Pricing is not publicly disclosed, and there is no evidence of named end customers, distribution partnerships, or disclosed revenue. Beyond smart card substrates, the company has begun surfacing adjacent industrial applications on its website, including epoxy material and e-cigarette components, suggesting an early-stage diversification of its addressable market using the same reel-to-reel epoxy process platform.

The business model is straightforward B2B hardware sales of physical substrate reels, with revenue mechanics dependent on contract volumes from card manufacturers and OEMs across USIM, payment, government ID, IoT, and biometric end-uses. There are no disclosed funding rounds, no public financial filings, no reported partnerships, and no patents or trademarks in the input data — the company operates as a tightly held, founder-led manufacturing specialist with global sales ambition but no external capital signals.

Name

Agencomm

Legal name

AGENCOMM.CO.,LTD.

Website

https://agencomm.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Agencomm is a South Korean manufacturer founded in 2014 that produces smart card substrate tapes — single, dual, material, and customized variants — using reel-to-reel technology for USIM, payment, passport/ID, IoT, and biometric card makers globally.

Ownership category

akta.pro rank

Product category

Smart Card Substrate Materials

NAICS

Plastics Packaging Film and Sheet (including Laminated) Manufacturing (326112)

SIC

Unsupported Plastics Film & Sheet (3081)

akta.pro primary industry

Plastic Films & Laminated Packaging Structures Manufacturing (IMANAEAD)

akta.pro secondary industry

Multi-layer Coextrusion & Barrier Structures (EVOH/PA Barrier, Tie-Layer Systems) (IMANACAJ)

Keywords

• Smart card substrate tape
• Card manufacturing materials
• Reel-to-reel tape production
• USIM and payment card components
• PCB substrate materials

Headquarters

HQ city

Siheungodong

HQ country

South Korea

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Smart Card Substrate Tape Sales: Agencomm generates revenue through the manufacture and sale of smart card substrate tapes, including Single, Dual, Material, and Customized product lines. The company operates as a B2B supplier to smart card manufacturers and related industries.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Agencomm manufactures and supplies smart card substrate tapes using reel-to-reel production technology. The company offers Single and Dual layer substrate tapes made from materials including Glass Epoxy Film, Glass Epoxy Prepreg, Adhesive Film, and ED Copper with multiple plating options, supplying smart card manufacturers across USIM, payment/banking, passport/ID, IoT, and biometric sectors.

Product overview

Agencomm is a Smart Card Tape Innovator that manufactures and supplies SMART CARD Substrate Tapes since its founding in 2014. The company offers four product lines: Single (for SIM and mobile applications), Dual (for payment, passport, ID, RFID, and IoT applications), Material (for RFID applications), and Customized products (tailored substrates with configurable materials, thicknesses, tolerances, and plating options). All products are produced using Reel to Reel technology, and the company positions itself as a World Class Smart Card Tape Supplier.

Differentiator

Problem solved

Functional benefit

Products and services

• Single

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators3 records

Recent moves8 records

Expansion highlights4 records

Direct peers

• Linxens: Linxens is a direct competitor producing interconnect and substrate solutions for smart cards, including contact and contactless modules, using roll-to-roll processes similar to Agencomm's reel-to-reel tape manufacturing. It is the most direct material-input peer in the global smart card substrate market.
• KONA I: KONA I is a South Korean manufacturer of smart cards and card materials serving SIM, banking, and ID markets. It is a direct regional peer competing in the same product categories and overlapping customer base as Agencomm, particularly in Korea and Asia.

Broad incumbents

• HID Global (ASSA ABLOY): HID Global produces secure identity solutions including contactless smart cards, RFID inlays, and credential substrates. It is comparable as a broader incumbent serving payment, government ID, and IoT authentication markets that overlap with Agencomm's target segments.
• IDEMIA: IDEMIA is a global leader in payment, connectivity, and identity smart cards, as well as e-passports. As a major purchaser of card substrates, it represents both a key customer profile for Agencomm and a broad incumbent in the same end markets.
• Thales (formerly Gemalto): Thales' Digital Identity & Security business (combining Gemalto) is one of the world's largest smart card and secure document producers. It is a key downstream customer and ecosystem incumbent, sourcing substrate materials from companies like Agencomm for SIM, banking, and ID cards.
• Toppan Printing: Toppan operates a Security / Smart Card business producing card materials, security substrates, and finished cards. It is comparable as a broad incumbent supplying specialty materials and finished smart card products to the same end markets Agencomm serves.
• Samsung SDI / Samsung Electro-Mechanics: Samsung Electro-Mechanics and Samsung SDI produce advanced electronic materials and components, including multilayer laminates and specialty films. They represent broader Korean incumbents with overlapping process know-how and customer relationships in the electronics materials value chain.

Emerging players

• Mühlbauer Group: Mühlbauer supplies production equipment and consumables for smart card and e-passport manufacturing, with material-related offerings that intersect with substrate suppliers like Agencomm. It is a partial-overlap peer through its smart card production ecosystem participation.

Market position

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Agencomm