IMM Technology
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IMM Technology - overview
Established
2017
Location
-, Sarawak, Malaysia
Primary Industry
Energy Storage & Batteries
About
Established in 2017 and based in Sarawak, Malaysia, IMM Technology is a producer of elecfoil. The firm is a wholly-owned subsidiary of Iljin Materials. The company produces nearly 20,000 tons of elecfoil for rechargeable batteries annually. In 2019, IMM Technology received USD 512.
47 million of funding from STIC Investments. In November 2020, Iljin Materials plans to list its Malaysia-based subsidiary IMM Technology on South Korea’s bourse. The company is expected to generate USD 359 million in company revenue next 2022. The company produces elecfoil for rechargeable batteries.
The company generated revenue of KRW 43. 7 billion in 2019. IMM Technology plans to construct additional factories to increase its annual production to 30,000 tons.
Primary Industry
Energy Storage & Batteries
Sub Industries
Energy Storage & Batteries, Industrial Machinery
Verticals
Electric & Hybrid Vehicles, Manufacturing
Total Amount Raised
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