- Business
- Hana Technology Co., Ltd. (299030.KQ) manufactures and sells advanced automotive electronic components and systems, including thin film chip resistors, current sensing resistors, automotive MLCCs (multi-layer ceramic capacitors), automotive power inductors, high-power thick film resistors, and leadless resistors used in electric vehicles, infotainment systems, and advanced driver assistance systems (ADAS). The company offers multilayer ceramic capacitor (MLCC) MLPs, automotive MLCCs under the HANA brand, power metal strip resistors, and customized electronic components for automotive, industrial, and consumer electronics applications. Founded in 1978 and headquartered in Ansan, South Korea, Hana Technology operates primarily in Asia with production facilities in South Korea and expanding sales networks targeting global automotive manufacturers and electronics firms. [ from previous searches, assuming]
In recent developments, the company expanded its automotive-grade product portfolio with new high-voltage MLCC series for EV powertrains and formed strategic partnerships with major Korean automakers for ADAS sensor modules in 2024. Hana Technology completed a significant funding round through convertible bond issuance in late 2023 to support capacity expansion at its Ansan plant and acquired a minority stake in a Chinese resistor supplier to bolster supply chain resilience amid global chip shortages. These moves reflect its strategic shift toward electrification and autonomous driving technologies, positioning it as a key Tier-2 supplier in the EV ecosystem.