May 4th,(PCB UNION)——Korean PCB manufacturer ISU PETASYS held a completion ceremony for its new PCB plant in Dalseong 1st Industrial Zone in Dalseong County, where the plant has a total area of 10,024 square meters and a building area of 14,771 square meters with three floors above ground. Commencing formal production in July, the plant will increase its capacity by 40% and aiming to reach a yearly sales revenue of KRW 200 billion.

In addition, ISU PETASYS has decided to invest KRW 2.9 billion in ABB Venture Capital(focuses on investing in promising new technologies) and plans to continue collaborating with the local ABB company.

With the rapid growth in demand for data in 5G and AI, ISU PETASYS has achieved a record-breaking sales revenue of KRW 497.2 billion and a record-breaking operating profit of KRW 96.4 billion last year.

CEO of ISU PETASYS, Chang-bok Choi, emphasized, "We expect our annual sales revenue to exceed KRW 700 billion, starting from the second half of next year and We will focus on developing advanced technology to expand our influence in the high-level PCB market."

ABOUT ISU PETASYS

ISU PETASYS is a production business specialized in Ultra-multilayer PCB(Printed Circuit Board), developing products of ultra-high integration & high quality to lead the global market and it intends to focus all its capabilities on creating new opportunities in the high value-added market by expanding its business portfolio and manufacturing base.

In addition, ISU PETASYS will secure the foundation for sustainable growth through the development of core technologies in the next-generation network industry field and foster it as a global top-notch PCB company.

●KOREA Sites

●Global Sites(production/sales site)