Nexcon Technology

Based in South Korea, Nexcon Technology specializes in developing high-quality battery management systems and protection circuit modules to ensure safety and efficiency in energy applications. Founded in 1995 and headquartered in Cheonan, South Korea, Nexcon Technology Co. , Ltd. focuses on battery management systems and protection circuit modules.

The company was acquired by UAMCO from Unison Capital in July 2016 for KRW 120 billion. In June 2018, Unison Capital fully exited its investment in Nexcon Technology. The CEO, JY Youn, leads the company, which has made three significant deals to date, with the most recent deal occurring on June 1, 2018. The company has raised a total of KRW 120 billion.

Nexcon Technology Co. , Ltd. specializes in the development and production of high-quality protection circuit modules (PCMs), smart modules (SMs), and battery management systems (BMS). Their core offerings are engineered to provide optimized battery solutions, ensuring safety and efficiency in various applications, including mobile and portable devices, electric vehicles (xEV), and energy storage systems (ESS).

The company leverages its extensive experience in module business and a global production network to deliver customized battery packs that meet the specific needs of clients across multiple sectors. Nexcon Technology serves a diverse clientele, including manufacturers of consumer electronics and electric vehicles, primarily targeting markets in North America, Europe, and Asia. The company is recognized for its commitment to developing faultless products and maintaining a leading position in the battery protection circuit technology field. In 2024, Nexcon Technology reported revenue of KRW 53,741,483.

70 and an EBITDA of KRW -4,980,665. The company's revenue structure primarily involves B2B transactions with manufacturers requiring tailored battery solutions, which often include the sale of PCMs, SMs, and BMS products. The flagship products, including advanced protection circuit modules, significantly contribute to the company’s revenue stream. Nexcon Technology is set to leverage its recent funding from the Secondary Buyout completed on June 1, 2018, amounting to KRW 120 billion, to enhance its product offerings and expand into new markets.

The company is actively designing new battery management systems and protection circuit modules with anticipated launches by the end of 2024. Additionally, Nexcon plans to target expansion into emerging markets in Southeast Asia and South America by 2025, aiming to increase its market presence and customer base in these regions.