Kodenshi AUK Group

Kodenshi AUK Group is a conglomerate of two companies, Kodenshi Corporation based in Kyoto, Japan and AUK Corporation based in Iksan, South Korea.

Kodenshi AUK Group
TypePublic/Conglomerate
IndustryPrimary areas of expertise include Electronic component manufacturing, Robotics, and Solar energy
FoundedMay 1972 (1972-05)
FounderHirokazu Nakajima
HeadquartersKyoto, Japan; Iksan, South Korea
Products
SubsidiariesKodenshi America, Inc.
Websitewww.kodenshiauk.com/eng/main.asp

Background

Kodenshi Corporation was established in May 1972, in Uji-shi, Kyoto, Japan as a semiconductor-producing company. The company has been active in the optical semiconductor market for the past forty years through continual research, development, production, and sales of solar cells. Since the establishment of Kodenshi Corp, the company has been developing new forms of photo diodes, light receiving element of photo transistors, red LEDs, photo ICs, etc.

AUK Corp

The AUK Corp. was founded on 1984 in Iksan, South Korea and has since become a global electronic component company. AUK Corp. engages in the research, development, and provision of nonmemory semiconductor products primarily in Korea, Hong Kong, Japan, and Singapore. However, “as of July 1, 2010, AUK Corp was acquired by Kodenshi Korea Corp. & Knowledge*On, Inc. in a reverse merger transaction.”[1] Nakajima Hirokazu is CEO as of 2011.[2]

Subsidiaries

Kodenshi America, Inc.

Kodenshi America Inc. is a branch office of the international Optoelectronic and semiconductor manufacturer, Kodenshi AUK Group. This particular subsidiary is in charge of marketing, developing plans for new products, targeting top manufacturing territories in their territory.

Territories served

Territories covered by Kodenshi America, Inc. are:

Notable mentions
  • Kodenshi wins Trade Award from South Korea for exportation of goods in excess of $100 million[3]
  • Kodenshi AUK Corp. is the main supplier for Nintendo DS IRDA ports.[4]
  • Kodenshi AUK Corp. “announced that it has declared an annual cash dividend of KRW 110(0.0975 US Dollars) per share of common stock to shareholders of record on December 31, 2010, for the fiscal year 2010. The dividend rate of market price is 2.4% and the total amount of the cash dividend is KRW 5,231,702,740(4639.23 USD). The dividend payment date is April 25, 2011. The Company's annual cash dividend for the fiscal year 2009 was KRW 20(0.0177 USD) per share.” [5]
  • In 2009 Kodenshi AUK introduces a newly developed sensors to detect floor space and objects for use in products such as iRobots'. The various sensors can detect almost anything and was a first of its kind in South Korea. They were able to develop this new, first of a kind technology at a cost of 50% less than other imported sensors.[6]

References
  1. "Company Overview of AUK Corp., Prior to Reverse Merger with Kodenshi Korea Corp. & Knowledge*On, Inc". Business Week. 2010-08-10. Archived from the original on January 18, 2013.
  2. "AUK Corp Announces Resignation of Co-CEO". Reuters. 2011-09-05. Archived from the original on February 1, 2013.
  3. "South Korea Awards Kodenshi for $100 Million in Exports (translated)". JJAN.KR. May 12, 2004.
  4. "Kodenshi, Nintendo DS, the delivery device in the communication 'Jackpot'". Knoum.com. November 11, 2005.
  5. "AUK Corp Declares Annual Cash Dividend for FY 2010". Reuters. February 24, 2011. Archived from the original on February 1, 2013.
  6. "Kodenshi Korea, artificial sensors developed for cleaning robots". ET News. December 20, 2009.
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