MDEVICE Co., Ltd
KKRX:22659010,020.00
KRW
-390.00
(-3.75%)
ISIN
KR7226590008
Return %
Stock
S&P 500
1Y
-41.30
14.39
3Y
- -
81.42
5Y
- -
68.62
Capital Structure
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in mil. unless spec.Working Capital
KRW
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in mil. unless spec.Growth Rates
KRW
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in mil. unless spec.Quarterly Revenue
KRW
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
KRW
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in mil. unless spec.Company Description
- CEO
- Ho-Gyung Cho
- Full Time Employees
- 26
- Sector
- Electronic technology
- Industry
- Semiconductors
- Address
- Gwacheon-si South Korea
- IPO Date
- Mar 7, 2025
- Similar Companies
- Business
- MDEVICE Co., Ltd. is a South Korea-based technology company primarily engaged in the design, development, manufacturing, testing, and distribution of solid-state drives and advanced semiconductor storage solutions. Founded in 2009 and headquartered in Gwacheon-si, Gyeonggi-do, South Korea, the company operates across the memory and system semiconductor industries, providing end-to-end storage engineering solutions that encompass custom circuit design, printed circuit board layout, NAND flash test screening, firmware development, automated surface mount assembly, and full-inspection quality verification. The company's core product and service portfolio comprises Enterprise Solid-State Drives (eSSDs) engineered for hyperscale data centers, cloud infrastructure, artificial intelligence servers, and high-performance enterprise storage architectures; Client and Consumer Solid-State Drives marketed under the proprietary FASTRO brand in M.2 NVMe and 2.5-inch SATA form factors for personal computers, notebooks, and workstations; Ball Grid Array (BGA) Solid-State Drives featuring single-chip integrated NAND flash, DRAM, and controller packaging for space-constrained embedded systems, industrial equipment, and edge computing devices; Next-Generation Memory Solutions, including Compute Express Link (CXL) 2.0 and CXL 3.0 memory expansion controllers and DRAM modules designed to alleviate memory bandwidth bottlenecks in accelerated computing clusters; and Drone Avionics and Test Systems developed through its subsidiary NEPER, comprising domestic flight controllers equipped with dual-core microcontrollers and EAL 6+ certified hardware security modules for commercial and defense unmanned aerial vehicles, as well as specialized semiconductor test hardware. Geographically, MDEVICE serves clients across domestic and international markets, maintaining substantial commercial supply relationships with server manufacturers, data center operators, and semiconductor customers across Greater China and the broader Asia-Pacific region. In recent strategic and operational developments, MDEVICE completed its Initial Public Offering and listed its common shares on the KOSDAQ market of the Korea Exchange under ticker 226590 in March 2025. The company has accelerated its technological expansion into artificial intelligence infrastructure by commercializing CXL 2.0 storage modules and advancing development of next-generation CXL 3.0 technologies and hybrid bonding packaging methods. Additionally, MDEVICE broadened its business portfolio through its subsidiary NEPER by initiating commercial mass production of indigenous drone flight control systems targeting industrial and defense markets, expanded enterprise storage supply contracts with global server original equipment manufacturers, and completed a convertible bond financing in late 2025 to support working capital and next-generation storage research and development.