Doosung Tech

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Doosung Tech - overview

Established

1997

Location

Suwon, Gyeonggi, South Korea

Primary Industry

Electronics

About

Based in South Korea, Doosung Tech, operates as a electronics manufacturing company specializing in SMT and printed board assembly (PBA) solutions for mobile devices, IoT products, and automotive electronic applications. Based in Suwon, South Korea and founded in 1997, Doosung Tech is an electronics manufacturing company. The company specializes in providing PCB assembly and related manufacturing services for global electronics customers. In December 2024, Doosung Tech raised KRW 15 billion in venture funding from AVES Partners to support its growth in the automotive PBA business.


Doosung Tech specializes in SMT and printed board assembly (PBA) solutions tailored for mobile devices, IoT products, and automotive electronic applications. The company provides comprehensive PCB assembly services, addressing the needs of various global electronics clients. Doosung Tech's revenue model is primarily based on direct sales of its technology solutions and manufacturing services. The company engages in B2B transactions, often structured through contracts for the deployment of systems, complemented by ongoing support agreements.


Partnerships with distributors further enhance its market reach. The company plans to expand its production facilities and increase capacity to meet the growing demand for its PBA modules, utilizing the proceeds from its recent funding round.


Current Investors

AVES Partners

Primary Industry

Electronics

Sub Industries

Electronic Components

Website

www.i-dstech.com/

Verticals

Manufacturing

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

Doosung Tech - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Unspecified RoundCompletedDoosung Tech-

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