DKT

What DKT does

DKT (DKT Co., Ltd., KOSDAQ: 290550) is a South Korea-based FPCA (Flexible Printed Circuit Assembly) module manufacturer founded in 2012 and headquartered in Incheon. The company operates four business divisions: Display Solution (OLED FPCA modules), Energy Solution (PCM, S-PCM, SM/BMU, BMS, battery packs), Communication (Flexible RF Cables for 5G/MIMO), and Vehicle Module (automotive wireless chargers, SMA/BMA, P-LBM). Core technology is SMT (Surface Mount Technology) manufacturing at scale, with over 31 SMT lines concentrated at the DKT VINA facility in Vietnam, which accounts for more than 90% of production. Secondary manufacturing occurs at the Hwaseong M1 factory (ESS BMS line) in Korea, with a planned JV facility in Georgia, USA in partnership with BH EVS.

DKT generates revenue through direct B2B hardware sales to OEM customers under multi-year contracts with negotiated pricing based on specifications, volume, and relationship. The company supplies OLED FPCA modules to Samsung Display and Samsung Electronics (with 55-70% market share in Samsung's flagship smartphone OLED FPCA), Apple Watch FPCA modules, battery protection circuits (PCM) to Samsung SDI and Korean battery makers, automotive wireless chargers (WPC) via BH EVS to GM, Stellantis, Honda, and Tesla, BMS modules for Hyundai/Kia vehicles, and ESS BMS modules to LG Energy Solution, Samsung SDI, and SK On. Distribution is exclusively direct-to-OEM with no channel intermediaries. The company is part of the BH Group, with BH (the world's largest FPCB manufacturer) holding a 24.89% parent stake and providing raw material vertical integration.

Name

DKT

Legal name

주식회사 디케이티 (DKT Co., Ltd.)

Website

https://dkttech.co.kr

Company type

Public

Founded year

2012

Operating status

Operating

Short description

DKT is a South Korea-based FPCA module manufacturer supplying OLED display modules, battery management systems, and wireless charging components to Samsung, Apple, and major global automotive OEMs, with production concentrated in Vietnam.

Ownership category

akta.pro rank

Product category

Electronic Modules Manufacturing

NAICS

Bare Printed Circuit Board Manufacturing (334412), Semiconductor and Other Electronic Component Manufacturing (33441)

SIC

Printed Circuit Boards (3672), Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

Assembly & Packaging Services (Wirebond/Flip-Chip/FCBGA) (HDAHADAA)

akta.pro secondary industries

Battery Modules & Packs (Industrial/Commercial pack assembly) (IMAGAHAB), Automotive Charging Hardware Manufacturing (On-board Chargers, Charge Inlets, DC-DC) (IMACAJAK), Power Electronics Manufacturing (Inverters/DC-DC/Onboard Chargers) (IMACACAD)

Keywords

• Flexible circuit assembly
• OLED display modules
• Battery management systems
• Automotive wireless charging
• SMT electronics manufacturing

Headquarters

HQ city

Incheon (Bupyeong-gu)

HQ country

South Korea

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Display Solution (OLED FPCA): FPCA modules for OLED displays in smartphones, watches, vehicle displays, and VR/AR. Revenue is generated through direct sales to Samsung Display and other display manufacturers. This is the primary revenue stream, historically accounting for 50-80% of total revenue.
2. Energy Solution (PCM, SM, BMS, Battery Pack): Battery protection circuits, smart modules, battery management systems, and complete battery packs for mobile devices, e-mobility, ESS, and EVs. Includes both PCM modules for smartphones and BMS for larger applications.
3. Vehicle Module (Wireless Charger, WPC): Wireless mobile device chargers (WMDC/WPC) and automotive modules including SMA and BMA for EV battery packs. Revenue generated through BH EVS partnership supplying GM, Stellantis, Honda, and other automotive OEMs.
4. Communication (Flexible RF Cable): 5G-optimized flexible RF cables for specialized networks, metaverse applications, and autonomous driving. Supplying to telecommunications infrastructure companies.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

DKT manufactures FPCA (Flexible Printed Circuit Assembly) modules using SMT (Surface Mount Technology) for OLED displays, battery management systems (PCM, BMS, Battery Pack), automotive wireless charging modules (WPC) compliant with WPC standards, and flexible RF cables for 5G communications. The company supplies custom-built, high-volume electronic module solutions to global OEMs in the mobile device, automotive, and energy storage industries.

Product overview

DKT (디케이티) is an FPCA (Flexible Printed Circuit Assembly) comprehensive module specialist company that develops and manufactures high-tech electronic modules across four main business divisions: Display Solution (DS), Energy Solution (ES), Communication, and Vehicle Module (VM). The product portfolio centers on FPCA modules with Touch/Sensing capabilities for OLED displays, complemented by battery management solutions including PCM, S-PCM, SM/BMU, and BMS for mobile and automotive applications, wireless charging systems (WPC) for electric vehicles, and flexible RF cables for 5G communication. These modules are produced using SMT (Surface Mount Technology) and supplied to major global customers including Samsung Electronics, Apple, and automotive manufacturers. The company operates manufacturing facilities in Vietnam (DKT VINA) and Korea, with a new Georgia, USA production base planned in partnership with parent company BH EVS for North American market expansion.

Differentiator

Problem solved

Functional benefit

Brands

• BH EVS: Automotive wireless charging, battery solutions, NFC technology company established in October 2022 through acquisition of LG Electronics VS business division

Products and services

• FPCA Display Solution FPCA modules with Touch and Sensing functionality for OLED Displays, used in smartphones, watches, vehicle displays, and VR/AR devices. The module transmits user touch input and accurate coordinates to the main board. DKT holds 55-70% market share for OLED FPCA supplied to Samsung Electronics flagship smartphones.
• PCM (Protection Circuit Module) Battery protection circuit module that measures voltage and current during Li-Ion battery charging/discharging and cuts off power to prevent overheating, fire, or explosion. Functions include overcharge protection, over-discharge protection, and overcurrent/short-circuit protection. DKT is the #1 market leader in South Korea for smartphone PCM.
• BMS (Battery Management System) System that monitors battery state, controls cell balancing for multiple cells, calculates battery state of charge/health (SoC, SoH), communicates status data, and displays battery information. Deployed for mobile devices, ESS, EVs, and robotics applications.
• Battery Pack

Quantifiable outcome

• 55-70% market share in Samsung OLED FPCA supply
• +3 more outcomes

Named customers11 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Six partnerships are on record, tiered strategic and core.

• BH EVS North America JVstrategicStrategic or Co-development Partner · 28 April 2026DKT and BH EVS planning to establish a joint venture in Georgia, USA for North American production. 220 billion KRW investment planned (11% of equity) with total 850 billion KRW investment under consideration. Target of 200 million USD annual revenue within 2-3 years.
• Korean Battery Manufacturers (Domestic Battery 3 Companies)coreStrategic or Co-development Partner · 1 January 2025DKT expanded ESS BMS supply to all three major Korean battery manufacturers (LG Energy Solution, Samsung SDI, SK On) starting 2025. DKT supplies BMS modules for ESS applications, with plans for North American expansion together.
• Hyundai Motor Group (Hyundai, Kia)strategicStrategic or Co-development Partner · 1 January 2025DKT obtained SQ (Supplier Quality) certification from Hyundai/Kia for P-LBM (Parking Lithium Battery Module) BMS. Supplying for Grandeur-class vehicles starting Q3 2024, with expansion to Sonata-class and below in 2025.
• Global Battery BMS Manufacturers (International Consortium)strategicStrategic or Co-development Partner · 1 January 2025DKT formed consortium with global BMS manufacturers for ESS market entry. Collaboration for ESS BMS development and North American market expansion.
• BH EVS (비에이치이브이에스)coreStrategic or Co-development Partner · 5 October 2022BH EVS was established in October 2022 when BH Group acquired LG Electronics' vehicle mobile wireless charging business for 136.7 billion KRW. DKT holds 41% stake in BH EVS while BH holds 59%. DKT handles OEM production of wireless charging modules (WPC) for BH EVS, which supplies GM, Stellantis, Honda, and other automotive OEMs.
• BH (비에이치, BH Co., Ltd.)coreStrategic or Co-development PartnerBH is the parent company and largest shareholder (24.89% stake) of DKT. BH is the world's largest FPCB (Flexible Printed Circuit Board) manufacturer and supplies raw materials to DKT. DKT procures FPCB from BH and manufactures FPCA modules. The relationship provides vertical integration within the BH Group.

Scale indicators8 records

Recent moves8 records

Expansion highlights7 records

Direct peers

• Flexium Interconnect: Taiwan-based flexible PCB manufacturer focused on smartphone, tablet, and wearable applications; overlaps directly with DKT's OLED FPCA and flexible RF cable product lines.
• Youngpoong Electronics: Korean FPCB manufacturer supplying mobile devices and display applications; comparable to DKT's OLED FPCA business and competing for Korean mobile OEM business.
• Samsung Electro-Mechanics: Major Korean manufacturer of multilayer PCB, FPCB, camera modules, and power/energy components — directly overlapping with DKT's OLED FPCA, automotive modules, and battery management offerings to Samsung.
• Chipbond Technology: Taiwan-based FPC and driver IC packaging supplier serving smartphone, tablet, and automotive display customers — comparable to DKT's FPCA and display module business.
• LG Innotek: Korea-based manufacturer of FPCB, camera modules, and automotive electronic components; serves overlapping mobile, display, and automotive customers including Apple, GM, and Hyundai.
• Career Technology (Mektec): Taiwan-headquartered FPC manufacturer with significant automotive electronics exposure; competes with DKT in automotive display and battery management module markets.
• Interflex: Korean flexible PCB manufacturer serving smartphone, tablet, and automotive applications; competes with DKT in FPCB supply for mobile devices and automotive electronics.
• BH (비에이치): World's largest flexible PCB manufacturer and DKT's parent company; supplies FPCB raw substrate to DKT and competes/operates in adjacent FPCB and module markets for the same Korean mobile customers.

Broad incumbents

• Nippon Mektron: Japan-based global FPCB manufacturer serving consumer electronics and automotive markets; broad incumbent competing with DKT for smartphone and automotive FPC programs.

Emerging players

• WiTricity: US-based wireless power technology company focused on automotive wireless charging — overlapping with DKT's WPC vehicle module segment and targeting the same GM/Tesla-type OEMs.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries4 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 DKT