What Sungho Electronics does

Sungho Electronics (KOSDAQ: 064850) is a South Korea-headquartered electronic components manufacturer founded in May 1973 as a joint venture with Japan's Shin Young Co., Ltd. and listed on KOSDAQ in November 2001. The company specializes in film capacitors (general purpose, high pulse/high frequency, EMI filter, power film, and resonance categories), EMS/PCBA (OEM) including display, main control, power, filter, inverter, and converter boards, power supply ODM (for printers, LED lighting, PCs, and set-top boxes), and LED lighting products. It operates manufacturing facilities in South Korea (Seoul Gasan-dong HQ/R&D), China (Zhuhai and Weihai), and Vietnam (Bac Giang), with an international distribution network covering the US, Germany, Japan, Taiwan, and India. The company holds extensive certifications (ISO9001, IATF16949, ISO14001, VDE, UL/CB, ENEC, CQC, KC, TUV) and has received Korean government designations including World Class 300, INNO-BIZ, and MAIN-BIZ.

The company pursues a vertically integrated B2B model, selling direct to enterprise customers and through local distributors. Its end markets include AI infrastructure (through co-packaged optics subsidiary ADS Tech, designated sole supplier for Nvidia's next-generation AI data centers, with additional customers Broadcom, Lumentum, Corning, and Fabrinet), electric vehicle charging and automotive electronics (AEC-Q200 qualified), medical imaging (X-ray, CT, MRI), 5G base stations, and industrial/green energy. Revenue streams are hardware sales for film capacitors, power supplies, and LED lighting, and professional services for EMS/PCBA manufacturing. Pricing is not publicly disclosed and is negotiated through direct enterprise sales channels and a partner center portal.

Sungho's growth strategy is M&A-led. The company has executed seven acquisitions in the past year, including ADS Tech for AI/CPO capability, and completed a small-scale merger absorbing 100%-owned subsidiary A-Mazing Holdings in July 2026. The controlling shareholder Seoryong Electronics, together with MoonPay and Pantos Holdings, jointly invested approximately KRW 110 billion (~$76M) in Korean fintech Finger in April 2026 to build a Korean won stablecoin ecosystem, marking a deliberate diversification beyond core electronics. Vice Chairman Park Seong-jae has publicly targeted 4 trillion KRW in revenue and 1 trillion KRW in operating profit within five years, against a market capitalization that has surged from approximately 100 billion KRW to 3.7 trillion KRW on the strength of the AI infrastructure narrative.

Name

Sungho Electronics

Legal name

성호전자주식회사 (Sungho Electronics Co., Ltd.)

Website

https://sungho.net

Company type

Public

Founded year

1973

Operating status

Operating

Headcount range

51–100 employees

Short description

Sungho Electronics is a South Korea-based, KOSDAQ-listed electronic components manufacturer specializing in film capacitors, EMS/PCBA, and power supply solutions, serving AI infrastructure (sole CPO supplier to Nvidia via ADS Tech), automotive, medical, and industrial customers through facilities in Korea, China, and Vietnam.

Ownership category

akta.pro rank

Product category

Electronic Components Manufacturing

NAICS

Semiconductor and Other Electronic Component Manufacturing (33441), Electrical Equipment Manufacturing (33531), Electric Lighting Equipment Manufacturing (33513)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600), Electrical Industrial Apparatus (3620)

akta.pro primary industry

Industrial Electronics Original Design Manufacturing (ODM) (IMAGAGAB)

akta.pro secondary industries

Specialty & Task/Workstation Lighting (Inspection/task lights, cleanroom/food-grade, portable work lights) (IMAGAIAK), Industrial Power & Energy Electronics Manufacturing Services (UPS, converters, inverters, chargers) (IMAGAGAI), EV/Industrial Charging Power Electronics (Chargers, rectifiers, power stages) (IMAGADAF)

Keywords

• Film capacitors
• Electronic components
• Power supply manufacturing
• EMS PCBA services
• LED lighting

Headquarters

HQ city

Gasandong

HQ country

South Korea

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Technology or R&D

Revenue model

1. Film Capacitors Sales: Manufacture and sale of film capacitors for electric vehicles, 5G base stations, green energy, industrial, medical, and consumer electronics applications
2. EMS/PCBA Manufacturing Services: OEM manufacturing services for display boards, main control boards, power boards, filter boards, inverter boards, and converter boards
3. Power Supply ODM: Original design manufacturing of power supplies for printers, LED lighting, PCs, and set-top boxes through China operations
4. LED Lighting Products: LED lighting manufacturing for apartments, industrial complexes, buildings, and factories based on converter development and manufacturing technology

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Sungho Electronics manufactures and sells electronic components including film capacitors, provides EMS/PCBA assembly services on an OEM basis, designs and manufactures power supplies on an ODM basis, and produces LED lighting products. The company serves global technology customers through manufacturing facilities in South Korea, China, and Vietnam.

Differentiator

Problem solved

Functional benefit

Products and services

• Film Capacitors Film capacitors manufactured for use in electronic devices and systems, sold to global technology OEMs.
• EMS/PCBA (OEM) Electronics manufacturing services including printed circuit board assembly on an OEM basis for global technology customers.
• Power Supply (ODM) ODM power supply units designed and manufactured by Sungho Electronics for technology customers.
• LED Lighting LED lighting products manufactured by Sungho Electronics.

Quantifiable outcome

• CPO equipment sole supplier for Nvidia next-generation AI data centers

Named customers7 records

Segments6 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• ADS TechcoreStrategic or Co-development Partner · 1 January 2024Acquired by Sungho Electronics as a strategic M&A target. ADS Tech was selected as the sole supplier of co-packaged optics equipment for Nvidia's next-generation AI data centers, representing a critical strategic asset in the AI infrastructure supply chain.

Scale indicators5 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• TDK Corporation: Japanese global leader in passive electronic components including film capacitors, inductors, and power solutions for automotive, industrial, and ICT markets. Comparable to Sungho across the film capacitor and power electronics product lines.
• Murata Manufacturing: World's largest MLCC/passive component manufacturer with growing presence in power electronics and modules for automotive and communications infrastructure. Overlaps with Sungho in passive components and power solutions serving EV/5G/AI.
• Panasonic Industry (Passive Components): Panasonic's electronic components division supplies film capacitors, electrolytic capacitors, and power supplies for industrial, automotive, and consumer applications — directly comparable to Sungho's core film capacitor and PSU ODM lines.
• Vishay Intertechnology: US-listed global manufacturer of discrete semiconductors and passive components (capacitors, inductors, resistors) serving automotive, industrial, and computing end markets. Comparable breadth to Sungho in film capacitors and magnetics.
• Delta Electronics: Taiwanese power and thermal management leader offering ODM power supplies, converters, and EV charging solutions — comparable to Sungho's Power Supply ODM and EV charging capacitor businesses.

Direct peers

• Nichicon Corporation: Specialist Japanese manufacturer of capacitors (film and aluminum electrolytic) and power supply/charging equipment for EVs and industrial markets. Closest direct competitor to Sungho in film capacitors and EV charging power electronics.
• Samsung Electro-Mechanics: Korean passive component and MLCC manufacturer (Samsung affiliate) supplying camera modules, substrates, and power components for smartphones, automotive, and IT — overlaps with Sungho in capacitors and PCBA for Korean/global OEMs.
• WIMA / Intertec Holdings: German specialist manufacturer of film capacitors for industrial, audio, and automotive applications. Closest niche peer to Sungho's premium and specialty film capacitor portfolio.
• Fabrinet: Thailand-headquartered EMS/OEM for optical communications, complex PCBA, and CPO modules — both a Sungho customer and a directly comparable peer in optical/AI EMS manufacturing.

Emerging players

• Coherent Corp: US-based supplier of photonic components, transceivers, and CPO platforms for AI data centers. Comparable to Sungho (via ADS Tech) in the co-packaged optics supply chain for next-generation AI infrastructure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/sungho-electronics-corp-

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries3 records

Funding overview

Funding rounds2 records

Investors1 record

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

M&A1 record

Investments1 record

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

Frequently asked questions about Sungho Electronics