Company
History
2026
AVACO maintains trustworthy relationship with customers and grows every year as a specialized company
that develops and produces core equipment for FPD (Flat Panel Display) and thin film solar cells.
- 2026.
- Acquired Yesol Inc., USA
- 2024.
- Received BOE Outstanding Supplier Award
- 2023.
- Established a new plant in the Sangju General Industrial Complex
- 2022.
- Completed development of roll-to-roll equipment for secondary batteries
- 2021.
- Signed an MOU for joint cooperation with Schneider Electric Korea
- Received the Industrial Technology Award of the Month (Ministry of Trade, Industry and Energy)
- 2020.
- Established a business division for roll-to-roll equipment for secondary batteries and PCBs
- 2019.
- Strategic alliance with FOWLP Metal sputtering system
- 3D printer distribution contract with VELO3D, USA
- 2018.
- Etcher & Sputter for PCB & PLP Substrate developed
- Technical alliance with Schmid, German PCB equipment company, and Schmid-Abaco Korea established
- OLED 10.5G Sputtering System developed
- Selected as an isotope secondary battery government task (Ministry of Commerce, Industry and Energy)
- 2017.
- Awarded the Ministerial prize of 'New Technology' from the Ministry of Trade, Industry and Energy, Korea
- Received the “Industrial Technology Award of the Month” (Ministry of Trade, Industry and Energy) 「Localization of flexible display deposition equipment technology」in April 2017
- Completed the government-funded transparent flexible display project (Ministry of Trade, Industry and Energy)
- 2016.
- Construction of Gumi factory No.2
- Selected as "December 2016 Company" by Gumi City
- Completed the government-funded high-density plasma deposition equipment project (Ministry of Trade, Industry and Energy)
- 2015.
- Supplied solar cell equipment to Miasole Hi-Tech(USA)
- Joined a collaboration agreement with NFRI, ETRI
- (NFRI: National Fusion Research Institute), (ETRI: Electronics Telecommunications Research Institute)
- 2014.
- Completed subject of national policy"CIGS thin film solar cell equipment development"(Ministry of Trade, Industry and Energy)
- 2013.
- AVACO Machinery (Guangzhou) established
- 2012.
- Selected as a 2012’ World-Class 300’ company(MOTIE)
- Selected for future industrial technology business development (transparent flexible display)
- 2011.
- Completed technology transfer of plasma 3D simulation with NFRI
- Strategic alliance with 'Stion Corporation‘, a solar cell module manufacturer in USA
- 2010.
- First localization of LCD 8G sputtering system developed
- AVACO Inc. (USA) established
- 2009.
- Construction of Gumi factory No.1
- 2008.
- First localization of In-line sputtering system for thin-film solar cell (G5) developed
- 2007.
- Selected as a Star Company in Daegu
- 2006.
- First localization of LCD TFT sputter (G7) developed
- 2005.
- Construction of Daegu factory No.2
- Listed on KOSDAQ
- 2004.
- Selected as a technology developer of large area sputtering system (MOTIE)
- 2000.
- AVACO established