What Naintech does

Naintech (나인테크), founded in 2006 and KOSDAQ-listed in 2020 under ticker 267320, is a South Korean manufacturer of capital equipment serving the secondary battery, semiconductor, display, and hydrogen fuel cell industries. The company designs and builds production equipment including pouch-type battery stacking systems operating at up to 360 cycles per minute with ±0.6μm electrode alignment precision, Panel Level Packaging (PLP) wet stations and glass substrate processing equipment for advanced semiconductor packaging, OLED vacuum and nitrogen logistics lines spanning Gen2.0 to Gen8.5, micro LED chip transfer systems at 24 chips/sec dual-head, roll-to-roll multi-roll coaters achieving 0.2–2 gsm coating weights with ±0.02 gsm precision, hydrogen fuel cell MEA/stack production lines, and end-of-life battery recycling systems. It operates four manufacturing facilities across Gyeonggi-do (Pyeongtaek headquarters, Hwaseong, Suwon) and Sejong, plus a corporate research institute established in 2009.

The company's revenue model is primarily B2B capital equipment sales, supplemented by government-funded R&D service contracts. Its direct enterprise sales motion targets Samsung Electronics, SK Hynix, Samsung Display, LG Display, LG Energy Solution, SK On, and Samsung SDI — the principal Korean chaebol subsidiaries across the EV battery, semiconductor, and display supply chains. Pricing is quote-based for custom-configured equipment, with no standardized public price list. Naintech has expanded geographically beyond Korea into China (since 2008) and North America (since 2024), the latter contributing to its receipt of the $50 Million Export Tower Award at Trade Day 2024. The company also holds patents in battery recycling, PECVD equipment for high-efficiency solar cells, micro LED chip transfer, and next-generation materials including MXene and thermoelectric modules.

Naintech's competitive positioning rests on a vertically integrated equipment portfolio spanning the battery, semiconductor, display, and fuel cell value chains, deep qualification into Korean chaebol supply chains, and a track record of securing multi-year government R&D project awards (totaling over KRW 9.15 billion across recent Materials Parts Technology Development, ATC+, and Digital Twin programs). Its wholly-owned subsidiary Talos (탈로스) specializes in all-solid-state battery equipment and is preparing for its own KOSDAQ listing, while affiliated company Yeonhwa New Materials (연화신소재) extends the company's reach into rare earth permanent magnet recycling for the battery materials supply chain. CEO Park Geun-noh (박근노) leads the company, which is headquartered in Pyeongtaek-si, Gyeonggi-do.

Name

Naintech

Legal name

주식회사 나인테크

Website

https://naintec.co.kr

Company type

Public

Founded year

2006

Operating status

Operating

Short description

Naintech is a South Korean KOSDAQ-listed manufacturer of capital equipment for secondary batteries, semiconductors, displays, and fuel cells. It supplies battery stacking systems, semiconductor PLP wet stations, OLED vacuum logistics, and micro LED equipment primarily to Samsung, SK, and LG group manufacturers.

Ownership category

akta.pro rank

Product category

Semiconductor and Battery Manufacturing Equipment

NAICS

Electrical Equipment Manufacturing (3353), Semiconductor and Other Electronic Component Manufacturing (33441), Electrical Equipment, Appliance, and Component Manufacturing (335)

SIC

Electrical Industrial Apparatus (3620), Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

Battery Modules & Packs (Industrial/Commercial pack assembly) (IMAGAHAB)

akta.pro secondary industries

Battery Pack & Module Manufacturing (EV) (IMACACAA), Energy Storage Software & Controls (EMS, monitoring, optimization, cybersecurity) (IMAGAHAJ)

Keywords

• Secondary battery equipment
• Semiconductor manufacturing equipment
• OLED display equipment
• Roll-to-roll coating systems
• Fuel cell production equipment

Headquarters

HQ city

Pyeongtaek-si (평택시)

HQ country

South Korea

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Manufacturing Equipment Sales: Primary revenue from design, manufacturing, and supply of equipment for secondary battery, semiconductor, display, and fuel cell production. One-time capital equipment sales to manufacturing clients.
2. Parts and Materials: Sale of proprietary components including focus rings for semiconductor equipment, thermoelectric modules, and battery materials
3. R&D Services (Government Projects): Revenue from government-funded R&D projects including technology development for solar cells, all-solid-state batteries, micro LEDs, and thermoelectric modules

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

Naintech designs, manufactures, and supplies high-precision capital equipment and proprietary components for secondary battery, semiconductor, display, fuel cell, and roll-to-roll film processing manufacturers. The portfolio includes pouch-type and cylindrical battery stacking and lamination equipment, PLP and glass substrate wet stations, OLED vacuum and N2 logistics lines, micro/mini LED chip transfer and sorting systems, fuel cell MEA/stack production equipment, and battery recycling systems. Equipment is custom-built to order and supported by proprietary materials including MXene and thermoelectric modules.

Product overview

Naintech is a manufacturing equipment company specializing in secondary batteries, semiconductors, displays, and fuel cells. The company's product portfolio centers on manufacturing equipment for these industries, including pouch-type and cylindrical battery production lines, semiconductor PLP and glass substrate processing equipment, OLED and Micro/Mini LED display manufacturing systems, roll-to-roll coating and processing equipment, hydrogen fuel cell production equipment, and battery recycling technology. The products operate across different business segments without a unified platform architecture, serving manufacturers in the EV, ESS, mobile, and display industries.

Differentiator

Problem solved

Functional benefit

Products and services

• Secondary Battery Manufacturing Equipment (이차전지 제조설비) Manufacturing equipment for secondary batteries including pouch-type and cylindrical battery cells, covering electrode processes, assembly (lamination, stacking), and activation, plus pilot production equipment for next-generation batteries such as all-solid-state and sodium batteries. Targeted at EV, ESS, and mobile device battery manufacturers including LG Energy Solution, SK On, and Samsung SDI.
• Semiconductor Process Equipment (반도체 공정장비) Semiconductor process equipment including PLP (Panel Level Packaging) Wet Station, glass substrate Wet Station, and TGV processing for advanced packaging. Targeted at semiconductor makers including Samsung Electronics and SK Hynix.
• Display Process Equipment (디스플레이 공정장비) Display manufacturing equipment including OLED vacuum and N2 logistics systems, wet cleaning systems, and Micro/Mini LED chip transfer, sorting, and testing equipment. Targeted at OLED and micro/mini LED display manufacturers including Samsung Display and LG Display.
• Roll-to-Roll Equipment (롤투롤) Roll-to-roll processing equipment including coaters (slot die, micro gravure, comma, gap coating), laminators, slitters, and ancillary equipment for film processing. Targeted at film and advanced materials manufacturers.
• Fuel Cell Equipment (연료전지) Hydrogen fuel cell equipment including MEA (Membrane Electrode Assembly) and stack manufacturing solutions with precision coating and stacking for hydrogen fuel cell producers.
• Material/Parts (소재부품)

Quantifiable outcome

• Stacking equipment achieves up to 360CPM production speed
• +3 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Eight partnerships are on record, tiered strategic and core.

• 연화신소재 (Yeonhwa New Materials)strategicStrategic or Co-development Partner · 1 January 2024Affiliated company engaged in rare earth permanent magnet recycling. Collaboration for establishing battery materials supply chain ecosystem.
• 정부 산업부 (Ministry of Industry)strategicOthers · 1 January 2024Digital Twin-based Battery Process Technology Development project. Naintech responsible for manufacturing process equipment data collection and SW technology development.
• 탈로스 (Thalos)coreStrategic or Co-development Partner · 1 January 2022Subsidiary specializing in all-solid-state battery technology. Thalos is developing IPO plans to move from KONEX to KOSDAQ. Thalos focuses on next-generation battery equipment development.
• 중소벤처기업부 (Ministry of SMEs and Startups)coreOthers · 1 January 20222022 Excellent Enterprise Research Institute Development Project (ATC+) for thermoelectric module development. Total project period 3 years 9 months, budget 1.63 billion KRW.
• 지식경제부 (Ministry of Knowledge Economy)coreOthers · 1 January 20222022 Materials Parts Technology Development Project for micro LED manufacturing equipment. Total development period 4 years 4 months, budget 1.88 billion KRW.
• 중소벤처기업부 (Ministry of SMEs and Startups)coreOthers · 1 January 20212021 Small and Medium Business Technology Innovation Development Project for semiconductor focus ring development. Total development period 2 years, budget 480 million KRW.
• 중소벤처기업부 (Ministry of SMEs and Startups)coreOthers · 1 January 20212021 SME Technology Innovation Development Project for all-solid-state battery manufacturing equipment. Total development period 4 years, budget 1.6 billion KRW.
• 지식경제부 (Ministry of Knowledge Economy)coreOthers · 1 January 20212021 Materials Parts Technology Development Project for high-efficiency solar cell manufacturing equipment. Total development period 3 years 9 months, budget 4.18 billion KRW.

Scale indicators5 records

Recent moves12 records

Expansion highlights9 records

Direct peers

• Wonik PNE: Korean semiconductor and display equipment supplier providing wet etch, strip, and cleaning systems. Directly comparable in semiconductor wet processing segment and shares Samsung Electronics / SK Hynix as anchor customers.
• PNT (PNT Co., Ltd.): Korean KOSDAQ-listed manufacturer of secondary battery electrode coating and assembly equipment supplying LG Energy Solution, Samsung SDI, and SK On. Directly comparable in product portfolio, customer base, and capital-equipment business model for EV battery production lines.
• Hana Technology: Korean battery equipment specialist (now under Hanwha) focused on stacking, notching, and winding equipment for lithium-ion cells. Overlaps directly with Naintech's secondary battery stacking and lamination product lines and serves the same Korean battery OEMs.
• SFA Engineering: Korean KOSDAQ/KSE-listed manufacturer of display, semiconductor, and secondary battery production equipment. Overlaps with Naintech in OLED logistics, display manufacturing equipment, and battery production lines, and supplies similar Korean conglomerates.
• Jusung Engineering: Korean KOSDAQ-listed semiconductor and display equipment maker specializing in CVD, ALD, and wet etch systems. Comparable in serving Korean semiconductor majors (Samsung Electronics, SK Hynix) with adjacent process-equipment technologies.
• CIS (formerly Cowin): Korean manufacturer of secondary battery production equipment including stacking, winding, and assembly machines. Comparable mid-tier Korean battery equipment competitor supplying same Tier-1 Korean battery OEMs.
• Charm Engineering: Korean KOSDAQ-listed manufacturer of display and battery manufacturing equipment, including OLED logistics and secondary battery assembly lines. Comparable in display logistics and battery equipment served to Korean conglomerates.
• Toptec (Toptec Korea): Korean display equipment manufacturer supplying OLED and LCD panel makers including Samsung Display and LG Display. Directly comparable in display vacuum logistics and panel processing equipment segments.
• Yunsung F&C: Korean KOSDAQ-listed manufacturer of secondary battery production equipment, including stacking, notching, and packaging lines, primarily serving LG Energy Solution and Samsung SDI. Closely comparable mid-cap Korean battery equipment peer.
• AP Tech (AP Tech Co., Ltd.): Korean KOSDAQ-listed manufacturer of semiconductor and display process equipment, including wet stations and vacuum systems. Comparable in semiconductor wet processing and display vacuum logistics product categories served to Korean chip and display makers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubekko.to/vQjBLWrfH

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 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 Naintech