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South Korea Business Report

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Ace Technologies fosters better wireless interconnectivity with Asian expansion

South Korean wireless network equipment vendor leading antenna provider to Indian telecom giant Reliance Jio Infocomm, and serves Southeast Asia from Vietnam factory

PUBLISHED : Wednesday, 25 October, 2017, 10:36am
UPDATED : Wednesday, 25 October, 2017, 10:36am

Wireless network equipment vendor Ace Technologies is stepping up efforts to bring its advanced radio frequency (RF) products and next-generation antennas to more key Asian markets after securing a major supply contract in India.

Since the company made its first delivery in 2012, Ace has emerged as the leading antenna provider to Indian telecom giant Reliance Jio Infocomm, which is aggressively deploying the 4G network in the country. Ace also intends to capitalise on its new facility in Vietnam to strengthen its foothold in Southeast Asia.

“Our Vietnam operations will serve as gateway to expanding our business in Asia all the way to the Middle East,” says Koo Gwan-young, president and CEO. “We’re making great progress in Vietnam and see ourselves playing a significant role in advancing the local antenna industry.”

The Vietnam factory is ready to produce base station antennas, with expected output of 200,000 units for the year. To date, Ace has secured US$30 million worth of orders for delivery to three major Vietnamese operators. The plant is also equipped to manufacture RF components for major network providers.

Our Vietnam operations will serve as gateway to expanding our business in Asia all the way to the Middle East
Koo Gwan-young, president and CEO, Ace Technologies

Ace has accumulated 37 years of manufacturing know-how in the field of wireless communications.

Since its establishment in 1980, it has emerged as the preferred wireless communication equipment parts supplier to the world’s leading telecommunication equipment manufacturers, including Ericsson, Samsung and Huawei, and major telecom service providers such as Reliance. Ace is now broadening the application of its custom-tailored offerings to automotive electronics.

“Telecommunications remains the most important market for us, but we are seeing increasing opportunities in the automotive sector,” Koo says. “Autonomous driving could be a focus area in the future.”

With about 400 dedicated people involved in research and development in sites in South Korea, China, Britain, India and Vietnam, Ace is working on developing additional proprietary technologies, including autonomous and smart vehicle systems.

“We understand the differences between countries and industries,” Koo says. “Through our diversified and globalised team, we develop country- and industry-tailored products and services.”

www.acetech.co.kr