- CEO
- Jang-Hyuk Lee
- Full Time Employees
- 260
- Sector
- Commercial services
- Industry
- Miscellaneous commercial services
- Address
- Hwaseong-si South Korea
- IPO Date
- Oct 26, 2010
- Business
- ITEK, Inc. is an outsourced semiconductor assembly and test (OSAT) service provider specializing in comprehensive integrated circuit (IC) testing solutions for fabless design houses, integrated device manufacturers (IDMs), and design solution partners. The company operates through its core Semiconductor Testing division alongside diversified technology and industrial subsidiaries. Its primary semiconductor services and solutions include wafer probe testing; final package testing; burn-in testing; and system-level testing (SLT) across a wide array of device architectures, including system-on-chip (SoC), logic, mixed-signal, analog, radio frequency (RF), power management integrated circuits (PMIC), automotive electronics, and artificial intelligence (AI) accelerators. ITEK also provides complete design-to-test engineering services, comprising test program development and vector conversion; probe card and load board design; multi-site test interface optimization; fault isolation and yield analysis; and automated test data management. Through its operating subsidiaries and strategic affiliates, the company further offers graphene-based functional materials and masterbatches through Neo Enfra Co., Ltd.; energy storage systems (ESS) and battery thermal safety management solutions through BA Energy Co., Ltd.; IoT-enabled cold-chain monitoring systems through Dongwoo Tech Co., Ltd.; and intelligent robotic fleet management systems through ReadN Inc.
Founded in 2005 as ITEK Semiconductor, Inc. and rebranded as ITEK, Inc. in 2019, the company is headquartered in Hwaseong-si, Gyeonggi-do, South Korea, with testing facilities serving domestic and global semiconductor markets across consumer electronics, automotive, telecommunications, and industrial sectors. In recent operational developments, ITEK has strategically restructured its corporate portfolio to concentrate resources on high-value AI and automotive semiconductor testing, divesting non-core operations such as its cosmetics manufacturing subsidiary, Samsung Medicos Co., Ltd. To support surging testing demand for high-performance computing (HPC) and autonomous driving chips, the company secured capital via convertible bond offerings to expand its cleanroom capacity and acquire advanced automated testing platforms, including high-end Advantest V93000 (V93K-PS5000) systems. In addition, ITEK has advanced its supply chain integration by joining as a strategic investor in the acquisition of flexible copper clad laminate (FCCL) producer Nexflex Co., Ltd. to pursue synergies in advanced IT materials, while acquiring an equity stake in ReadN Inc. to expand into smart industrial robotics and energy software sectors.