On November 14, Suwon City in Gyeonggi Province forged a significant investment agreement with Laservall Technology Co., Ltd, the global leader in laser jet soldering systems for smartphone camera modules. The signing ceremony took place in the situation room at Suwon City Hall, with Mayor Lee Jae-jun and Andrew Kim, CEO of Laservall Technology Co., Ltd, in attendance. According to the agreement, Laservall Technology Co., Ltd will relocate its R&D facilities and factory to Suwon, with the city providing administrative and financial support to facilitate the transition.

Laservall, headquartered in Hong Kong, initially established its R&D center, Laservall Technology, in Suwon in 2018. After relocating to a nearby city in 2021,now Laservall  is returning to Suwon, where it plans to relocate its R&D facilities and manufacturing plant. The city has pledged to provide both administrative and financial support to ensure a smooth transition

Known for its innovation in precision manufacturing processes, Laservall serves major clients such as Samsung, LG, and Foxconn. Recently, we have shifted our focus from equipment manufacturing to offering comprehensive manufacturing process solutions and semiconductor eco-solutions..

Laservall CEO Andrew Kim expressed excitement about the move, highlighting the opportunity to attract top talent with Suwon City's robust support. Mayor Lee Jae-jun emphasized Suwon’s rich pool of skilled professionals and its excellent living environment, assuring the company's needs would be met.

Laservall Technology's return to Suwon marks a pivotal moment in the city's ongoing efforts to attract and retain high-tech businesses. With strong support from Suwon City, Laservall is set to innovate and expand, contributing to the region's economic growth and technological advancements. Both parties look forward to a prosperous and collaborative future.