MNtech is a global component and material company, holding the No. 1 market share in the global TV optical film market, leveraging advanced nano technology to manufacture optical films, noise filters, secondary battery materials, and window films. The company has recently diversified its business into secondary battery materials, successfully entering the market for essential cathode materials such as lithium hydroxide and additives, securing new growth engines.MNtechisaglobalcomponentandmaterialcompany,holdingtheNo.1marketshareintheglobalTVopticalfilmmarket,leveragingadvancednanotechnologytomanufactureopticalfilms,noisefilters,secondarybatterymaterials,andwindowfilms.Thecompanyhasrecentlydiversifieditsbusinessintosecondarybatterymaterials,successfullyenteringthemarketforessentialcathodematerialssuchaslithiumhydroxideandadditives,securingnewgrowthengines.
Key Products/TechnologiesKeyProducts/Technologies
Optical Films and Plates: Products like QD (Quantum Dot) sheets, lens sheets, prism sheets, composite optical films, and AIOP (All In One Plate) that collect and diffuse light from the BLU (Backlight Unit) to minimize light loss and enhance optical properties in displays. The company possesses technologies for developing micro-lens type composite optical films, ultra-precision multi-layer coating processes, nano-dispersion processes, Roll-to-Roll imprinting technology, polymer formulating technology, and functional thin-film formation technology.OpticalFilmsandPlates:ProductslikeQD(QuantumDot)sheets,lenssheets,prismsheets,compositeopticalfilms,andAIOP(AllInOnePlate)thatcollectanddiffuselightfromtheBLU(BacklightUnit)tominimizelightlossandenhanceopticalpropertiesindisplays.Thecompanypossessestechnologiesfordevelopingmicro-lenstypecompositeopticalfilms,ultra-precisionmulti-layercoatingprocesses,nano-dispersionprocesses,Roll-to-Rollimprintingtechnology,polymerformulatingtechnology,andfunctionalthin-filmformationtechnology.
EMI Filters (Noise Filters and Reactors): Products applied in home appliances and electric vehicles to reduce noise and block electromagnetic waves.EMIFilters(NoiseFiltersandReactors):Productsappliedinhomeappliancesandelectricvehiclestoreducenoiseandblockelectromagneticwaves.
Secondary Battery Materials: Production of cathode material additive powders, lithium hydroxide, and anhydrous lithium, enhancing the performance and stability of cathode materials and serving as key components for high-nickel cathode materials. The company has capabilities in direct manufacturing of material grinding equipment and ultra-fine particle control technology.SecondaryBatteryMaterials:Productionofcathodematerialadditivepowders,lithiumhydroxide,andanhydrouslithium,enhancingtheperformanceandstabilityofcathodematerialsandservingaskeycomponentsforhigh-nickelcathodematerials.Thecompanyhascapabilitiesindirectmanufacturingofmaterialgrindingequipmentandultra-fineparticlecontroltechnology.
Window Films: Tinting films, protective films, and energy-saving films for automobiles and buildings, featuring proprietary single-sided coating technology with a heat rejection rate of 99%.WindowFilms:Tintingfilms,protectivefilms,andenergy-savingfilmsforautomobilesandbuildings,featuringproprietarysingle-sidedcoatingtechnologywithaheatrejectionrateof99%.
Retroreflective Films: Reflective sheets for car license plates, road signs, and safety facilities, holding over 70% market share in the domestic market. Development technology for prism-type high-luminance retroreflective sheets through domestic production.RetroreflectiveFilms:Reflectivesheetsforcarlicenseplates,roadsigns,andsafetyfacilities,holdingover70%marketshareinthedomesticmarket.Developmenttechnologyforprism-typehigh-luminanceretroreflectivesheetsthroughdomesticproduction.
Multi-Coating Films: Products such as privacy films for electronic devices to protect personal privacy.Multi-CoatingFilms:Productssuchasprivacyfilmsforelectronicdevicestoprotectpersonalprivacy.
Touch Panels: Large-scale capacitive touch panels applied in commercial products like casinos and signage. Manufacturing technology based on Roll-to-Roll methods and Metal Mesh touch screen panel technology.TouchPanels:Large-scalecapacitivetouchpanelsappliedincommercialproductslikecasinosandsignage.ManufacturingtechnologybasedonRoll-to-RollmethodsandMetalMeshtouchscreenpaneltechnology.
Hidden Display Films: Products applied in automotive electronics and interior trim components, demonstrating excellent compatibility with IML (In-Mold Labeling) processes.HiddenDisplayFilms:Productsappliedinautomotiveelectronicsandinteriortrimcomponents,demonstratingexcellentcompatibilitywithIML(In-MoldLabeling)processes.
Core AdvantagesCoreAdvantages
World's No. 1 Market Share in Optical Films: Achieved the top global market share in LCD TV optical films, being the first domestic company to successfully develop micro-lens type composite optical films.World'sNo.1MarketShareinOpticalFilms:AchievedthetopglobalmarketshareinLCDTVopticalfilms,beingthefirstdomesticcompanytosuccessfullydevelopmicro-lenstypecompositeopticalfilms.
Core Material Technology Based on Advanced Nano Technology: High technological competitiveness through proprietary core technologies such as nano-coating technology, precision coating processes, nano-dispersion technology, and ultra-fine particle control technology.CoreMaterialTechnologyBasedonAdvancedNanoTechnology:Hightechnologicalcompetitivenessthroughproprietarycoretechnologiessuchasnano-coatingtechnology,precisioncoatingprocesses,nano-dispersiontechnology,andultra-fineparticlecontroltechnology.
Diversification of Business Portfolio and Securing New Growth Engines: Successful business expansion into high-value-added new material sectors like secondary battery materials and electric vehicle components, leveraging the stable cash cow of existing optical film business.DiversificationofBusinessPortfolioandSecuringNewGrowthEngines:Successfulbusinessexpansionintohigh-value-addednewmaterialsectorslikesecondarybatterymaterialsandelectricvehiclecomponents,leveragingthestablecashcowofexistingopticalfilmbusiness.
Global Supply Chain and Customer Network: Established robust supply networks with major domestic and international clients, including Samsung's premium TV lines, LG Energy Solution, POSCO Chemical (now POSCO Future M), L&F, EcoPro, and Umicore.GlobalSupplyChainandCustomerNetwork:Establishedrobustsupplynetworkswithmajordomesticandinternationalclients,includingSamsung'spremiumTVlines,LGEnergySolution,POSCOChemical(nowPOSCOFutureM),L&F,EcoPro,andUmicore.
Cost Competitiveness and Production Efficiency: Achieved 30-50% cost competitiveness compared to overseas competitors for window films through proprietary single-sided coating technology, along with high productivity from continuous Roll-to-Roll system manufacturing of 1,500mm wide products.CostCompetitivenessandProductionEfficiency:Achieved30-50%costcompetitivenesscomparedtooverseascompetitorsforwindowfilmsthroughproprietarysingle-sidedcoatingtechnology,alongwithhighproductivityfromcontinuousRoll-to-Rollsystemmanufacturingof1,500mmwideproducts.
Successful Localization of Key Component Materials: Localization of LCD panel optical films, previously monopolized by global US companies, and successful domestic production of retroreflective sheets for road signs, leading to import substitution effects.SuccessfulLocalizationofKeyComponentMaterials:LocalizationofLCDpanelopticalfilms,previouslymonopolizedbyglobalUScompanies,andsuccessfuldomesticproductionofretroreflectivesheetsforroadsigns,leadingtoimportsubstitutioneffects.
Target IndustrieTargetIndustrie
Display Industry (TVs, monitors, tablets, laptops, etc.)DisplayIndustry(TVs,monitors,tablets,laptops,etc.)
Home Appliance Industry (washing machines, etc.)HomeApplianceIndustry(washingmachines,etc.)
Electric Vehicle and Secondary Battery IndustryElectricVehicleandSecondaryBatteryIndustry
Automotive Industry (window films, retroreflective films, automotive electronic components)AutomotiveIndustry(windowfilms,retroreflectivefilms,automotiveelectroniccomponents)
Construction Industry (window films)ConstructionIndustry(windowfilms)
Traffic Safety Sector (road signs, safety facilities, car license plates)TrafficSafetySector(roadsigns,safetyfacilities,carlicenseplates)
Mobile Device IndustryMobileDeviceIndustry
Commercial Display Industry (casinos, signage, DID, electronic whiteboards, etc.)CommercialDisplayIndustry(casinos,signage,DID,electronicwhiteboards,etc.)
Semiconductor Packaging Material IndustrySemiconductorPackagingMaterialIndustry
China (Shanghai, Tianjin corporate entities established), India (AIS-089, AIS-090 certification)China(Shanghai,Tianjincorporateentitiesestablished),India(AIS-089,AIS-090certification)
Europe (export of retroreflective sheets for road signs)Europe(exportofretroreflectivesheetsforroadsigns)
Certifications/PatentsCertifications/Patents
Patents: 165 domestic applications, 155 domestic registrations, 85 overseas applications, and 75 overseas registrations (as of 2024). Holds patents related to optical sheets (high-luminance security film, hidden display decorative film, optical sheet manufacturing apparatus and method, backlight assembly), touch panels (electromagnetic shielding film, touch sensor and touch screen panel using it, touch screen panel manufacturing method and apparatus), and retroreflection (retroreflective sheet including patterns for enhancing retroreflection coefficient, retroreflective sheet using deformed cube corners).Patents:165domesticapplications,155domesticregistrations,85overseasapplications,and75overseasregistrations(asof2024).Holdspatentsrelatedtoopticalsheets(high-luminancesecurityfilm,hiddendisplaydecorativefilm,opticalsheetmanufacturingapparatusandmethod,backlightassembly),touchpanels(electromagneticshieldingfilm,touchsensorandtouchscreenpanelusingit,touchscreenpanelmanufacturingmethodandapparatus),andretroreflection(retroreflectivesheetincludingpatternsforenhancingretroreflectioncoefficient,retroreflectivesheetusingdeformedcubecorners).
Certifications: Green Technology Certification (Metal Mesh Touch Screen Panel Technology, 2013), NEP (New Excellent Product) Certification (Retroreflective Sheet for Road Signs, 2012), ISO 9001 Quality Management and ISO 14001 Environmental Certification (2012), Excellent Human Resources Development Institution Certification (Best HRD, 2021), KC Certification (Designation of self-certification test facility for automotive parts, reflective tapes and other optical facilities, 2017), India AIS-089, AIS-090 Certification (2025)Certifications:GreenTechnologyCertification(MetalMeshTouchScreenPanelTechnology,2013),NEP(NewExcellentProduct)Certification(RetroreflectiveSheetforRoadSigns,2012),ISO9001QualityManagementandISO14001EnvironmentalCertification(2012),ExcellentHumanResourcesDevelopmentInstitutionCertification(BestHRD,2021),KCCertification(Designationofself-certificationtestfacilityforautomotiveparts,reflectivetapesandotheropticalfacilities,2017),IndiaAIS-089,AIS-090Certification(2025)
Awards: Gold Tower Order of Industrial Service Merit (CEO Kim Cheol-young, 2021), $100 Million Export Tower Award (2010), IR52 Jang Young-shil Award (Ultra-high Luminance Retroreflective Sheet, 2013), Minister of Land, Infrastructure and Transport Commendation for Road Day (2013, 2021), Presidential Commendation for Venture Korea (2009), Minister of Trade, Industry and Energy Award for New Technology Commercialization (Retroreflective Sheet for Road Signs, 2013), Selected as KOSDAQ Hidden Champion (2010), Selected as World Champ Nurturing Project Target Company (2010), Minister of Science, ICT and Future Planning's Engineer of the Month Award (2013)Awards:GoldTowerOrderofIndustrialServiceMerit(CEOKimCheol-young,2021),$100MillionExportTowerAward(2010),IR52JangYoung-shilAward(Ultra-highLuminanceRetroreflectiveSheet,2013),MinisterofLand,InfrastructureandTransportCommendationforRoadDay(2013,2021),PresidentialCommendationforVentureKorea(2009),MinisterofTrade,IndustryandEnergyAwardforNewTechnologyCommercialization(RetroreflectiveSheetforRoadSigns,2013),SelectedasKOSDAQHiddenChampion(2010),SelectedasWorldChampNurturingProjectTargetCompany(2010),MinisterofScience,ICTandFuturePlanning'sEngineeroftheMonthAward(2013)
Introduction
Location
16 Gwahaksaneop 1-ro, Oksan-myeon, Heungdeok-gu, Cheongju, Chungcheongbuk-do, South Korea
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16 Gwahaksaneop 1-ro, Oksan-myeon, Heungdeok-gu, Cheongju, Chungcheongbuk-do, South Korea