Dowoo Insys Co.
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Dowoo Insys Co. - overview
Established
2010
Location
Chungju, Chungcheongbuk-do, South Korea
Primary Industry
Materials
About
Dowoo Insys Co. , based in South Korea, specializes in the manufacturing of ultra-thin glass for flexible displays, catering to the evolving demands of modern consumer electronics. Founded in 2010 in Chungju, South Korea, Dowoo Insys Co. focuses on producing ultra-thin glass for flexible displays.
The company has successfully completed 4 deals, with its most recent funding of KRW 48. 7 billion raised on October 7, 2024, from Zelkova Investment, bringing the total amount raised to KRW 48. 7 billion. Dowoo Insys Co.
produces ultra-thin glass specifically designed for flexible display technology, including cover windows that facilitate folding, sliding, and rolling functionalities. Their primary offerings consist of reinforced glass measuring less than 100 micrometers in thickness, which caters to manufacturers in the smartphone, tablet, and broader electronic device sectors. The company aims to deliver comprehensive solutions for flexible glass, expanding its market presence beyond South Korea to North America, Europe, and parts of Asia. In 2023, Dowoo Insys Co.
reported a revenue of KRW 72,818,588. 60 and an EBITDA of KRW 14,417,481. 20, primarily generated through B2B transactions with electronics manufacturers, featuring agreements that support bulk purchases to meet production demands. On October 7, 2024, Dowoo Insys Co.
secured KRW 48. 7 billion in venture funding to drive its growth initiatives. The company plans to launch new products designed for flexible display applications and expand into new markets, particularly targeting North America and Europe by the end of 2025. This funding will facilitate the development of innovative glass solutions to meet the increasing global demand.
Current Investors
Samsung Venture Investment, New Power Plasma, Zelkova Investment
Primary Industry
Materials
Sub Industries
Advanced Materials, Glass
Website
www.dowooinsys.com
Verticals
Manufacturing
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
Dowoo Insys Co. - financials
| Fiscal Year Ended | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|---|
| Revenue (USD) | 8,300,540,764 | 56,039,143,052 | 67,379,800,461 | 89,263,192,077 | - | - | - |
| % Revenue Growth (YoY) | - | 575.1% | 20.2% | 32.5% | - | - | - |
| EBITDA (USD) | (638,022,035) | 12,438,830,962 | 11,384,787,092 | 16,894,899,619 | - | - | - |
| Operating Income (USD) | (785,985,988) | 8,459,524,962 | 5,131,963,092 | 11,331,731,619 | - | - | - |
| Operating Margin | (9.5%) | 15.1% | 7.6% | 12.7% | - | - | - |
| % EBITDA Margin | (7.7%) | 22.2% | 16.9% | 18.9% | - | - | - |
| NET Income (USD) | (1,688,515,369) | 1,087,989,535 | 4,289,041,444 | 4,739,788,072 | - | - | - |
| % Net Margin | (20.3%) | 1.9% | 6.4% | 5.3% | - | - | - |

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