[Edaily Reporter Kwon Oh-seok] #KNS, a company specializing in cutting-edge industrial unmanned automation equipment, is raising expectations for growth by rapidly increasing its new order volume this year. (Photo: KNS) KNS announced on the 16th that its cumulative new order value for this year has exceeded 46 billion won. This figure surpasses last year’s consolidated revenue of 40 billion won, a trend attributed to the simultaneous expansion of orders secured by both the parent company and its subsidiaries. According to the company, the headquarters has signed automation equipment supply contracts worth approximately 18.7 billion won since the beginning of the year. Subsidiary Eunseong FA secured 13.2 billion won in new orders, while the Vietnam subsidiary secured 14.1 billion won, driving overall performance. The company explained that the recent expansion of the 46mm cylindrical battery market, coupled with increasing demand for automation in manufacturing sites, has led to a sustained increase in orders across all major business segments. The application scope of 46mm cylindrical batteries is expanding beyond electric vehicles to include energy storage systems (ESS) and next-generation mobility, leading to a trend of increasing investment in related equipment. KNS supplies the automation equipment necessary for the production of these batteries, while its affiliate, Jongrui Korea, is responsible for core components. Eunseong FA is expanding its order intake by leveraging its competitiveness in the field of terminal insertion equipment for semiconductor and automotive PCBs and FPCBs. Since successfully localizing the production of related equipment, the company has been competing with global firms and has recently secured a series of new projects from automotive and high-tech manufacturing clients. The Vietnam subsidiary is strengthening its role as a production hub in response to the trend of global manufacturers expanding investments in smart factories and automation. Leveraging its local capabilities, the company is absorbing demand for automation equipment in Southeast Asia and continuing its growth momentum. Most of the orders secured this time are expected to be reflected in revenue within the year, and are anticipated to contribute to improved performance in the second half of the year. Jeong Bong-jin, CEO of KNS, stated, “The fact that the volume of new orders this year has exceeded last year’s revenue reflects the enhanced competitiveness of the entire group,” adding, “We will continue our growth momentum by ensuring the stable conversion of secured orders into revenue and by expanding additional orders.”
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