CIS announced on the 13th that it recorded sales of KRW 508.5 billion and operating profit of KRW 59.3 billion in 2024. These figures represent a 64% and 52% increase, respectively, compared to the previous year.
CIS is continuing its technological innovation by launching a new concept of electrode process equipment, the 'hybrid dry coater'. The equipment is equipped with groundbreaking technology that doubles the production speed compared to existing equipment and reduces power consumption by nearly half by incorporating laser drying technology. Through this, it is strengthening its competitive edge in the electrode process equipment sector.
In addition, CIS is also actively entering the solid-state battery materials and equipment market. Recently, it has been recognized for its technological prowess in the global market by signing a non-disclosure agreement (NDA) related to solid-state batteries with famous automobile manufacturers in Japan and Europe and energy companies in North America. In addition, it has established a pilot production line for mass production of solid electrolytes and introduced a continuous production system.
Last December, the company completed a merger with SNU Precision, a display and semiconductor inspection and measurement equipment specialist, and began diversifying its business. The company said that through the merger, it has expanded its business areas to various fields such as displays, semiconductors, and PCBs, and plans to maximize synergy with existing businesses. In particular, it is pursuing performance enhancement by grafting the precision measurement technology of the merged company onto secondary battery electrode equipment, and plans to expand its semiconductor and display-oriented deposition equipment business.
CIS CEO Kim Dong-jin said, “CI is leading the global secondary battery equipment market and will secure a differentiated competitive edge through the development of new concept equipment and securing next-generation battery technology.” He added, “We will diversify our business portfolio through M&A and other means, and pursue sustainable growth through stable financial management to prepare for global management risks.”
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