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CrucialTec

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CrucialTec
Company typePublic (KRX: 114120)
IndustryMobile technology
FoundedApril 2001
HeadquartersSeongnam, South Korea
RevenueIncrease $208 million
Increase $20 million
Number of employees
1,200
Websitewww.crucialtec.com

CrucialTec is the world's largest manufacturer of Optical Track Pad (OTP) mobile input devices.[1] Headquartered in Seongnam, South Korea, the company manufactures and supplies OTP devices to handset manufacturers such as Research In Motion, Samsung, LG, HTC, Sony, Motorola, Pantech and ZTE. CrucialTec is also a supplier of devices for smart TVs and digital cameras to companies like HP, Sharp, Kyocera, and Acer. The company developed and commercialized the world's first nano-optic based input device and holds over 200 patents worldwide.[2]

In 2010, CrucialTec had sales of $208 million and is targeting $1 billion in revenues by 2013.[3] In July 2011, CrucialTec opened its Vietnam manufacturing plant in Hanoi with an expected manufacturing capacity of 100 million units per year.[4]

In March 2012, CrucialTec signed a JDA with Swedish biometrics manufacturer Fingerprint Cards AB (FPC) to integrate their swipe sensor into CrucialTec's upcoming Biometric Track Pad (BTP). This led to a three-year supply agreement amendment in November of the same year to produce the BTP which will be assembled in CrucialTec's Korea plants.[5]

References

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  1. ^ "CrucialTec sees shining opportunities in smartphone boom". 5 May 2011.
  2. ^ "CrucialTec, Korea's Hidden Global Champion". 8 April 2010.
  3. ^ "114120: CrucialTec Co Ltd Stock Price Quote - KOSDAQ - Bloomberg".
  4. ^ http://joongangdaily.joins.com/article/view.asp?aid=2938977
  5. ^ "Fingerprint Cards and CrucialTec sign three year supply agreement | Biometric Update". 29 November 2012.
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