- CEO
- Kwang-Hyun Kim
- Full Time Employees
- 406
- Sector
- Electronic technology
- Industry
- Electronic production equipment
- Address
- Daegu South Korea
- IPO Date
- Oct 11, 2005
- Business
- AVACO Co., Ltd. is a South Korea-based specialized industrial equipment manufacturer engaged in the design, development, and production of advanced manufacturing systems for the flat panel display, secondary battery, semiconductor, and clean automation industries. Founded in January 2000 and headquartered in Daegu, South Korea, the company operates manufacturing and research facilities domestically in Daegu, Gumi, and Paju, while supporting global customers through international subsidiaries including AVACO Inc. in the United States and AVACO Machinery (Guangzhou) Co., Ltd. in China. AVACO operates across four primary business segments: Display Equipment, Secondary Battery Equipment, Semiconductor Equipment, and Factory Automation Systems.
The company's primary product and service portfolio encompasses: vacuum thin-film deposition and physical vapor deposition (PVD) sputtering systems, including horizontal, vertical, cluster-type, and next-generation low-damage electron cyclotron resonance (ECR) plasma transparent conductive oxide (TCO) sputtering tools for organic light-emitting diode (OLED) and liquid crystal display (LCD) fabrication lines; vacuum baking systems, encapsulation equipment, through-glass via (TGV) processing systems, and precision glass cutting and scribing tools; secondary battery electrode fabrication equipment, including precision high-pressure roll press machines and slitter systems utilized in cathode and anode processing for pouch, prismatic, and cylindrical cell formats; automated material handling systems (AMHS) and automated storage and retrieval systems (AS/RS), including cleanroom overhead hoist transfers (OHT), ceiling transfer systems, electrode roll logistics equipment, and automated guided vehicles (AGVs); semiconductor packaging equipment, including advanced packaging (AVP) metal sputtering systems engineered for high-bandwidth memory (HBM) and fan-out wafer-level packaging (FoWLP); thin-film solar cell manufacturing equipment, including thin-film PVD sputtering systems; and customized plant engineering, equipment conversion, installation, maintenance, and technical consulting services.
AVACO serves leading global technology conglomerates and tier-one manufacturers across the consumer electronics, electric vehicle, energy storage system (ESS), and microelectronics sectors, maintaining key customer relationships with companies such as LG Display, LG Energy Solution, SK On, and TCL CSOT. The company leverages core proprietary competencies in ultra-high vacuum technology, precision roll-to-roll web handling, high-accuracy motion control, and cleanroom automation to deliver turnkey machinery customized to client fabrication specifications.
In recent developments, AVACO has accelerated its strategic diversification beyond its core display business into high-growth semiconductor and advanced energy sectors. In the semiconductor segment, the company developed and commercialized advanced packaging metal sputtering systems tailored for high-bandwidth memory and fan-out packaging architectures, securing qualification and mass-production line evaluation agreements with domestic outsourced semiconductor assembly and test (OSAT) partners. In the secondary battery sector, AVACO expanded its electrode equipment supply agreements, delivering proprietary roll press and slitter systems to major battery manufacturers including LG Energy Solution for next-generation 4680-format cylindrical battery lines, while collaborating with automation partners such as LG CNS to supply cleanroom logistics systems for joint-venture battery production facilities including Ultium Cells in North America. Additionally, within its display business, AVACO expanded the commercial deployment of its next-generation low-damage ECR-plasma TCO sputtering equipment to international display manufacturers to support large-generation OLED panel production cycles.