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Koh Young Technology reported a 24 percent quarterly revenue increase for the quarter ended 30 June 2017. Beyond top line growth, the company realized its most profitable quarter ever, thanks in part to its wholly-owned subsidiary, Koh Young Americas.
Since its ribbon-cutting ceremony in 2010, Koh Young Americas continues growing at a rate far outpacing the overall inspection segment. The growth rate, underpinned by converted customers, emphasizes the industry is quickly embracing the company’s innovative technology and leadership. While its world-leading SPI market position remains unchallenged, a strengthening AOI leadership position with its True 3D systems helped Koh Young Americas attain a nearly 40 percent quarter-on-quarter growth rate.
The Zenith AOI series performed exceptionally well. The Zenith series measures true profilometric shape components, solder joints, patterns, and even identifies foreign material on assembled PCBs, all using True 3D measurement. Because the Zenith offers significant process advantages including lower false calls and higher productivity, its popularity has surged among electronic manufacturers across the global electronics manufacturing industry.
Looking forward, Koh Young expects to continue its record-setting performance. At SEMICON West in San Francisco, Koh Young launched the Meister series, which is focused on the unique semiconductor inspection requirements. At the show, Koh Young demonstrated two variations of the platform: Meister-SPi (Solder Paste inspection) and Meister-MCi (Mounted Chip inspection). The inspection machines are the latest element from Koh Young to provide "True 3D powered by Intelligent Platform for Smart Factory."
"We are extremely pleased the market continues to embrace our inspection solutions. Our growth is unparalleled and we will continue to invest in the people and resources needed to continue providing our customers with outstanding service and support," says Juan Arango, general manager of Koh Young Americas. "Combining the momentum from our True 3D inspection solutions with the new Meister series and our integrated KSMART process control center will continue to provide customers with the innovative solutions they expect from the world’s leading inspection company."
About Koh Young Technology Inc.
Koh Young Technology Inc., the leading 3D measurement-based inspection equipment and solutions provider, performs an essential role for quality control and process optimization across a growing set of industries including printed circuit board assembly, machining and assembly process manufacturing, semiconductor manufacturing, and various medical fields. In addition to corporate headquarters in Seoul, Korea, Koh Young has established sales and support offices in Germany, Japan, Singapore, China, and the United States. The local facilities ensure Koh Young maintains close communication and support with our customers, while providing a global network to support its customers.