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Koh Young America Delivers Record Results in 3Q 2018
October 25, 2018 | Koh Young AmericaEstimated reading time: 2 minutes
Propelled by over 25 new high-mix, low-volume electronics manufacturers, Koh Young America proudly announces it has set another new quarterly sales record for the quarter ending September 30, 2018. By selling a combination of nearly 100 solder paste inspection (SPI) and automated optical inspection (AOI) systems in the quarter, Koh Young America surpassed its previous record quarter by over 14%. Without question, the electronics assembly marketplace has embraced the true 3D measurement process Koh Young pioneered for the industry.
“When looking our year-on-year quarterly performance over the past several years, we have been steadily growing in the third quarter. While the industry is moving much slower, our growth in the third quarter is over 13% CAGR (compound annual growth rate),” said Juan Arango, managing director at Koh Young America. “It is a very good performance, and part of the reason our headquarters looks to us to deliver results. What’s more, this growth proves both large and small EMS providers and OEMs recognize our dedicated service organization, process optimization technologies, and smart factory solutions as best-in-class,” stated Arango.
The high conversion rate of new customers to Koh Young solutions and the company’s consistent growth reflects the industry’s confidence in the Koh Young True 3D technology and its Smart Factory solutions. Koh Young provides real-time process optimization with powerful SPC analytics to minimize or potentially eliminate defects that can increase rework costs or compromise product reliability. The KSMART software suite makes it even more powerful and lays the foundation for a Smart Factory. With several innovative solutions and enhancements, plus complementing process software and connectivity features planned, Koh Young expects tremendous success moving forward.
As we turn to the next quarter, Koh Young America will continue to highlight its leading solutions at SMTA Guadalajara (14-15 November 2018 at Expo Guadalajara in Mexico) and Electronica (13-16 November 2018 at Messe München in Germany). At these shows, Koh Young will highlight its latest production and process innovations. We welcome show attendees to visit us and understand why so many manufacturers turn to Koh Young to handle inspection challenges.
About Koh Young Technology Inc.
Koh Young Technology Inc., the leading 3D measurement-based inspection equipment and solutions provider, performs an essential role for quality control and process optimization across a growing set of industries including printed circuit board assembly, machining and assembly process manufacturing, semiconductor manufacturing, and various medical fields. In addition to its corporate headquarters in Seoul, Koh Young has sales and support offices in Germany, Japan, Singapore, China, Mexico, and the United States. These local facilities ensure it sustains a close relationship with its growing customer base, while providing them with access to a global network of inspection and measurement process experts.
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