Richardson Electronics Enhances Think Tank with Qorvo Design Innovations in Millimeter-wave MMICs

Focused Approach Combines Technical Sales, Team Expertise, Global Infrastructure, and Marking Initiatives

LaFox, IL, Tuesday, September 1, 2020Richardson Electronics, Ltd. (NASDAQ: RELL) announced today its support of Qorvo’s design innovations in millimeter-wave MMICs by enhancing the Richardson Electronics’ Think Tank with new resources. Utilizing its experienced sales team, Richardson Electronics will provide design-in support, systems integration, and prototype design through its existing global infrastructure, along with key marketing initiatives. Richardson Electronics – Power & Microwave Technologies was recently approved as a Qorvo die movement facility.

The Richardson Electronics global sales team provides technical support of Qorvo’s proven millimeter-wave solutions for a broad range of applications, including aerospace and defense. New product releases, technical articles, design tools, and product catalogs add to this support and can be found on the Richardson Electronics’ Think Tank webpage, where engineers can learn about Qorvo’s disruptive technologies and design innovations.

“We are pleased to support Qorvo’s design innovations in millimeter-wave MMICs, in particular, die MMICs,” stated Greg Peloquin, Executive Vice President of Richardson Electronics’ Power & Microwave Technologies group. “Qorvo continues to lead the industry with die and packaged products that offer superior performance, such as positive gain slope distributed amplifiers. With Richardson Electronics’ recent approval to handle die MMICs, we are ready to serve customers with deep technical support to help expedite new design projects.”

Richardson Electronics provides a broad range of Qorvo products, including the most advanced high-performance components. To learn more, visit the Qorvo ThinkTank or the Qorvo Supplier homepage.

About Richardson Electronics, Ltd.

Richardson Electronics, Ltd. is a leading global provider of engineered solutions, power grid and microwave tubes and related consumables; power conversion and RF and microwave components, flat panel detector solutions and replacement parts for diagnostic imaging equipment; and customized display solutions. We serve customers in the alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific and semiconductor markets. The Company’s strategy is to provide specialized technical expertise and “engineered solutions” based on our core engineering and manufacturing capabilities. The Company provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair through its global infrastructure. More information is available at www.rell.com.

Richardson Electronics common stock trades on the NASDAQ Global Select Market under the ticker symbol RELL.

About Richardson Electronics – Power & Microwave Technologies

For 70 years, Richardson Electronics has been your industry-leading global provider of engineered solutions, RF & microwave and power products. With the launch of the Power & Microwave Technologies group, we continue this legacy and complement it with new products from the world’s most innovative technology partners. Richardson Electronics’ Power & Microwave Technologies group focuses on what we do best: identify and design disruptive technologies, introduce new products on a global basis, develop solutions for our customers, and provide exceptional worldwide support. As a global company, we provide solutions and add value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair—all through our existing global infrastructure. More information is available at: www.rellpower.com.

Qorvo is a registered trademark of Qorvo, Inc. in the U.S. and in other countries.

Richardson Electronics Now A Global Distributor For AC Propulsion Inc.

LaFox, IL, August 25, 2020– Richardson Electronics, Ltd. (NASDAQ: RELL) announced today a new distribution agreement with AC Propulsion to distribute inverter products.

Specializing in the design, development, and production of EV propulsion systems and system components, AC Propulsion and its international affiliates develop and manufacture high performance, high-efficiency SiC & IGBT-based inverter products ranging from complete inverters and inverter boards to power modules, for high power applications up to 350kW. A commitment to advancing technology, product quality, and customer satisfaction drives the company. Its products feature high-efficiency designs, are fully compatible with regenerative motor braking, and come in a modular architecture allowing for a large range of rated power. These inverters work in a number of markets including automotive, marine, industrial, and aircraft.

“AC Propulsion is an excellent addition to our growing partnerships. Its products are versatile and will provide new opportunities in growing markets,” said Greg Peloquin, Executive Vice President of Richardson Electronics’ Power & Microwave Technologies group.

“Our team is very excited to bring AC Propulsion’s advanced inverter products, and especially our pioneering SiC technology with its outstanding benefits, to an ever-increasing customer audience, together with Richardson Electronics,” said Crystal He, President & CEO of AC Propulsion Inc.

About Richardson Electronics, Ltd.

Richardson Electronics, Ltd. is a leading global provider of engineered solutions, power grid and microwave tubes and related consumables; power conversion and RF and microwave components, flat panel detector solutions and replacement parts for diagnostic imaging equipment; and customized display solutions.  We serve customers in the alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific and semiconductor markets. The Company’s strategy is to provide specialized technical expertise and “engineered solutions” based on our core engineering and manufacturing capabilities. The Company provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair through its global infrastructure. More information is available at www.rell.com.

Richardson Electronics common stock trades on the NASDAQ Global Select Market under the ticker symbol RELL.

About Richardson Electronics – Power & Microwave Technologies

For 70 years, Richardson Electronics has been your industry-leading global provider of engineered solutions, RF & microwave and power products. With the launch of the Power & Microwave Technologies group, we continue this legacy and complement it with new products from the world’s most innovative technology partners. Richardson Electronics’ Power & Microwave Technologies group focuses on what we do best: identify and design disruptive technologies, introduce new products on a global basis, develop solutions for our customers, and provide exceptional worldwide support. As a global company, we provide solutions and add value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair—all through our existing global infrastructure. More information is available at: www.rellpower.com.

About AC Propulsion

AC Propulsion Inc. was founded in California in 1992 and, and together with its international affiliates has more than 25 years of experience designing and manufacturing advanced electric drive and inverter systems primarily for electric vehicle applications. AC Propulsion’s inverter systems and components include best-in-class SiC- and IGBT-based technologies. Together with its sister company eMotors Advance Corp. Ltd., AC Propulsion supports OEM vehicle manufacturers and other customers around the world from its locations in San Dimas, CA, Beijing and Shanghai. www.acpropulsion.com .

Richardson Electronics Now an Approved Die Movement Partner for Qorvo’s RF & Microwave Die Products

An Ideal Solution for mmWave & 5G Applications

LaFox, IL, August 20, 2020– Richardson Electronics, Ltd. (NASDAQ: RELL) announced today that after a thorough auditing process its die handling program is now approved for Qorvo’s extensive portfolio of high performance RF products and solutions.

As a factory authorized die movement facility, Richardson Electronics – Power & Microwave Technologies has further enhanced its ability to serve its customers in their design work. Die handling makes it possible to take orders for smaller quantities of the product for prototypes and pre-production builds, creating design flexibility. This value add enables Richardson Electronics to support customers for demand creation on die-related products from our supplier partners.

“We are proud to be one of a very few distributors that have the capability to handle die products,” said Greg Peloquin, Executive Vice President of Richardson Electronics’ Power & Microwave Technologies group. “Qorvo certification adds to our unique capability in supporting our global customers,” he concluded.

About Richardson Electronics, Ltd.

Richardson Electronics, Ltd. is a leading global provider of engineered solutions, power grid and microwave tubes and related consumables; power conversion and RF and microwave components, flat panel detector solutions and replacement parts for diagnostic imaging equipment; and customized display solutions.  We serve customers in the alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific and semiconductor markets. The Company’s strategy is to provide specialized technical expertise and “engineered solutions” based on our core engineering and manufacturing capabilities. The Company provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair through its global infrastructure. More information is available at www.rell.com.

Richardson Electronics common stock trades on the NASDAQ Global Select Market under the ticker symbol RELL.

About Richardson Electronics – Power & Microwave Technologies

For 70 years, Richardson Electronics has been your industry-leading global provider of engineered solutions, RF & microwave and power products. With the launch of the Power & Microwave Technologies group, we continue this legacy and complement it with new products from the world’s most innovative technology partners. Richardson Electronics’ Power & Microwave Technologies group focuses on what we do best: identify and design disruptive technologies, introduce new products on a global basis, develop solutions for our customers, and provide exceptional worldwide support. As a global company, we provide solutions and add value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair—all through our existing global infrastructure. More information is available at: www.rellpower.com.

Richardson Electronics Participating in 2020 KIEES Summer Academic Conference in Korea

LaFox, IL, August 11, 2020– Richardson Electronics, Ltd. (NASDAQ: RELL) announced today it is participating in KIEES2020.

The Korean Institute of Electromagnetic Engineering and Science (KIEES) is holding its Summer Symposium on Jeju Island in the Republic of Korea August 19-22, 2020.  With close to 1,000 attendees, the event will focus on the latest findings in Radio Frequency (RF) and Microwave topics including:

  • Microwave and mmWave
  • THz and Fiber Optics
  • AESA Radar
  • IoT and Sensor Networks
  • 5G Infrastructure
  • Satellite Communication
  • EMI / EMC / EMP

“Korea is a leader in microwave technology. We continue to invest in this region because we have several key suppliers based there, and see significant growth in sales to the Korean market. We are pleased to be participating in this conference for the first time,” said Greg Peloquin, Executive Vice President of Richardson Electronics’ Power & Microwave Technologies group.

About Richardson Electronics, Ltd.

Richardson Electronics, Ltd. is a leading global provider of engineered solutions, power grid and microwave tubes and related consumables; power conversion and RF and microwave components, flat panel detector solutions and replacement parts for diagnostic imaging equipment; and customized display solutions.  We serve customers in the alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific and semiconductor markets. The Company’s strategy is to provide specialized technical expertise and “engineered solutions” based on our core engineering and manufacturing capabilities. The Company provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair through its global infrastructure. More information is available at www.rell.com.

Richardson Electronics common stock trades on the NASDAQ Global Select Market under the ticker symbol RELL.

About Richardson Electronics – Power & Microwave Technologies

For 70 years, Richardson Electronics has been your industry-leading global provider of engineered solutions, RF & microwave and power products. With the launch of the Power & Microwave Technologies group, we continue this legacy and complement it with new products from the world’s most innovative technology partners. Richardson Electronics’ Power & Microwave Technologies group focuses on what we do best: identify and design disruptive technologies, introduce new products on a global basis, develop solutions for our customers, and provide exceptional worldwide support. As a global company, we provide solutions and add value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair—all through our existing global infrastructure. More information is available at: www.rellpower.com.

Richardson Electronics – Power & Microwave Technologies Participating in IMS2020 Virtual Conference

LaFox, IL, August 4, 2020– Richardson Electronics, Ltd. (NASDAQ: RELL) announced today its Power & Microwave Technologies group will be participating in the International Microwave Symposium (IMS2020) virtual conference, August 4 through August 6, 2020.

This annual event is the world’s largest gathering of Radio Frequency (RF) and microwave professionals and the most important forum for the latest research advances and practices in the field. Due to COVID-19, IMS has gone virtual this year, but will continue with the theme of ‘Connectivity Matters’.  Experts will present the latest research, developments and insights on topics such as 5G.

Richardson Electronics – Power & Microwave Technologies will have a virtual booth where attendees can chat online with representatives, as well as view digital resources and social media sites. On-demand material will be available until September 30, 2020. Access to the conference is free if you are an IEEE MTT-S member. There is no cost to anyone to participate in the exhibits only.  To register, please visit the IMS2020 website.

“It is great to see IMS going virtual during this pandemic as we always look forward to seeing the innovations our colleagues have created. COVID-19 may have changed the platform, but does not change the message IMS sends – connectivity matters. Now, more than ever.” said Greg Peloquin, Executive Vice President of Richardson Electronics’ Power & Microwave Technologies group.

About Richardson Electronics, Ltd.

Richardson Electronics, Ltd. is a leading global provider of engineered solutions, power grid and microwave tubes and related consumables; power conversion and RF and microwave components, flat panel detector solutions and replacement parts for diagnostic imaging equipment; and customized display solutions.  We serve customers in the alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific and semiconductor markets. The Company’s strategy is to provide specialized technical expertise and “engineered solutions” based on our core engineering and manufacturing capabilities. The Company provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair through its global infrastructure. More information is available at www.rell.com.

Richardson Electronics common stock trades on the NASDAQ Global Select Market under the ticker symbol RELL.

About Richardson Electronics – Power & Microwave Technologies

For 70 years, Richardson Electronics has been your industry-leading global provider of engineered solutions, RF & microwave and power products. With the launch of the Power & Microwave Technologies group, we continue this legacy and complement it with new products from the world’s most innovative technology partners. Richardson Electronics’ Power & Microwave Technologies group focuses on what we do best: identify and design disruptive technologies, introduce new products on a global basis, develop solutions for our customers, and provide exceptional worldwide support. As a global company, we provide solutions and add value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair—all through our existing global infrastructure. More information is available at: www.rellpower.com.

Richardson Electronics Announces Support of Qorvo Design Summit

Virtual Online Webinar Series Explores RF and Power Management Technologies

LaFox, IL, Tuesday, July 28, 2020 – Richardson Electronics, Ltd. (NASDAQ: RELL) announced today its support of the Qorvo Design Summit, a virtual online webinar series exploring RF and power management technology. Hosted by Qorvo and starting in August, the month-long series of webinars connects market and product experts with engineers to solve design challenges for applications such as 5G, Wi-Fi, radar, mobile, and motor control.

“We are pleased to support the Qorvo Design Summit, with global sales and technical assistance to help provide solutions to engineers’ design challenges,” stated Greg Peloquin, Executive Vice President of Richardson Electronics’ Power & Microwave Technologies group. “Qorvo continues to innovate, not only with products and technology, but also with the type of support and education it provides to engineers.”

A complete schedule of Qorvo’s Design Summit webinars can be found here. Registration is now open for the presentations.

Richardson Electronics provides a broad range of Qorvo products, including the most advanced high-performance components. To learn more, visit the Qorvo ThinkTank or the Qorvo Supplier homepage.

About Richardson Electronics, Ltd.

Richardson Electronics, Ltd. is a leading global provider of engineered solutions, power grid and microwave tubes and related consumables; power conversion and RF and microwave components, flat panel detector solutions and replacement parts for diagnostic imaging equipment; and customized display solutions.  We serve customers in the alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific and semiconductor markets. The Company’s strategy is to provide specialized technical expertise and “engineered solutions” based on our core engineering and manufacturing capabilities. The Company provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair through its global infrastructure. More information is available at www.rell.com.

Richardson Electronics common stock trades on the NASDAQ Global Select Market under the ticker symbol RELL.

About Richardson Electronics – Power & Microwave Technologies

For 70 years, Richardson Electronics has been your industry-leading global provider of engineered solutions, RF & microwave and power products. With the launch of the Power & Microwave Technologies group, we continue this legacy and complement it with new products from the world’s most innovative technology partners. Richardson Electronics’ Power & Microwave Technologies group focuses on what we do best: identify and design disruptive technologies, introduce new products on a global basis, develop solutions for our customers, and provide exceptional worldwide support. As a global company, we provide solutions and add value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair—all through our existing global infrastructure. More information is available at: www.rellpower.com.

About Qorvo

Qorvo (Nasdaq: QRVO) makes a better world possible by providing innovative Radio Frequency (RF) solutions at the center of connectivity. We combine product and technology leadership, systems-level expertise and global manufacturing scale to quickly solve our customers’ most complex technical challenges. Qorvo serves diverse high-growth segments of large global markets, including advanced wireless devices, wired and wireless networks and defense radar and communications. We also leverage unique competitive strengths to advance 5G networks, cloud computing, the Internet of Things, and other emerging applications that expand the global framework interconnecting people, places and things. Visit www.qorvo.com to learn how Qorvo connects the world.

Qorvo is a registered trademark of Qorvo, Inc. in the U.S. and in other countries. All other trademarks are the property of their respective owners.

Richardson Electronics Reports Fourth Quarter and Fiscal 2020 Results and Declares Quarterly Cash Dividend

North America Display and Semiconductor Wafer Fab Revenues Grow Versus Q4 FY19

Q4 and FY20 Highlights

  • Net sales of $37.4 million were down 11.4% from last year’s fourth quarter, primarily due to the COVID-19 impact on all three of our strategic business units.
  • Sales increased for Canvys display solutions in North America and Semiconductor Wafer Fabrication equipment products in the fourth quarter of fiscal 2020.

Read full press release

Richardson Electronics, Ltd. Strengthens RF & Microwave, Power Management, and 5G Field Technical Resources in Europe and Asia

LaFox, IL, Tuesday July 21, 2020 – Richardson Electronics, Ltd. (NASDAQ: RELL) announces the addition of two new Field Sales Engineers in Northern Italy and Japan for the Power & Microwave Technologies group.

Stefano Modenesi

Stefano Modenesi brings vast experience in RF and Microwave design and sales to his new role at Richardson Electronics – Power & Microwave Technologies.  He will be responsible for expanding accounts in Milan and Northern Italy, focusing on telecom, wireless, industrial and broadcast markets. After graduating with his Masters of Science in Telecom Engineering from Milan Polytechnic, Stefano began his career in research and development, moving to field applications and then to sales and management roles in Europe with Alcatel-Lucent and Nokia.  His extensive experience with operators and new technology, especially 5G, promises to bring value to our customers.

Naoki Yoshimura

Naoki Yoshimura brings to Richardson more than 25 years of experience in RF and microwave components and systems. He has held sales and management roles selling a broad range of products to Japanese OEMs and operators, and in a short time he has already begun to broaden our local account base with major design wins.

“We are excited to welcome Stefano and Naoki to the Richardson team. Their talent and extensive industry experience will be key to our demand creation with new technology partners, continued focus on legacy MRO electron device customers, and market growth in Europe and Japan,” said Greg Peloquin, EVP, Power and Microwave Technologies.

About Richardson Electronics – Power & Microwave Technologies

For over 70 years, Richardson Electronics has been your industry-leading global provider of engineered solutions, RF & microwave and power products. Richardson Electronics’ Power & Microwave Technologies group focuses on what we do best: identify and design disruptive technologies, introduce new products on a global basis, develop solutions for our customers, and provide exceptional worldwide support. As a global company, we provide solutions and add value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair—all through our existing global infrastructure. More information is available at: www.rellpower.com.

About Richardson Electronics, Ltd.

Richardson Electronics, Ltd. is a leading global provider of engineered solutions, power grid and microwave tubes and related consumables; power conversion and RF and microwave components, flat panel detector solutions and replacement parts for diagnostic imaging equipment; and customized display solutions.  We serve customers in the alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific and semiconductor markets. The Company’s strategy is to provide specialized technical expertise and “engineered solutions” based on our core engineering and manufacturing capabilities. The Company provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair through its global infrastructure. More information is available at www.rell.com.

Richardson Electronics common stock trades on the NASDAQ Global Select Market under the ticker symbol RELL.

Richardson Electronics Announces Date of Fourth Quarter Fiscal 2020 Conference Call

LAFOX, Ill., July 15, 2020 (GLOBE NEWSWIRE) — Richardson Electronics, Ltd. (NASDAQ: RELL) plans to release its financial results for its fourth quarter and fiscal year ended May 30, 2020 after the close of business on Wednesday, July 22, 2020. The release will be distributed by GlobeNewswire and will be available on the Company’s website at www.rell.com.

On Thursday, July 23, 2020, at 9:00 a.m. CDT, Edward J. Richardson, Chairman and Chief Executive Officer, and Robert J. Ben, Chief Financial Officer, will host a conference call to discuss the Company’s fourth quarter and fiscal year 2020 results.  A question and answer session will be included as part of the call’s agenda.

Participant Instructions

To listen to the call, please dial (USA/CANADA) (866) 784-8065 or (International) (602) 563-8684 and enter Conference ID: 2958443 approximately five minutes prior to the start of the call.  A replay of the call will be available beginning at 1:00 p.m. CDT on July 23, 2020, for seven days.  The telephone number for the replay is (800) 585-8367; Conference ID: 2958443.

About Richardson Electronics, Ltd.

Richardson Electronics, Ltd. is a leading global provider of engineered solutions, power grid and microwave tubes and related consumables; power conversion and RF and microwave components; high value flat panel detector solutions, replacement parts, tubes and service training for diagnostic imaging equipment; and customized display solutions. We serve customers in the alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific and semiconductor markets. The Company’s strategy is to provide specialized technical expertise and “engineered solutions” based on our core engineering and manufacturing capabilities. The Company provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics and aftermarket technical service and repair through its global infrastructure. More information is available at www.rell.com.

Richardson Electronics, Ltd. common stock trades on the NASDAQ Global Select Market under the ticker symbol RELL.

Richardson Electronics, Ltd. Now Offering New Ultracapacitors from LS Mtron – Exceptional Power Density

LaFox, IL, – Monday July 13, 2020 – Richardson Electronics, Ltd. (NASDAQ: RELL) announced today the availability of LS Mtron’s 3.0V 3400F ultracapacitor, one of the highest power density storage cells in the industry.

The 3.0V 3400F ultracapacitor stores 4.2Wh of energy in a 390 cm3 package making it an ideal solution for customers who want to take full advantage of an ultracapacitor’s almost limitless charge cycles and reliability. In addition, customers will benefit from the increased capacity over a wide range of temperatures down to -40  . With 10 years of research and design in the development of the 3V Series, this cell is a major milestone in the quest to provide the best product for our customers with 40% more capacity in the same case size.

LS Mtron has gone above and beyond in their continued investment in this product line. The 3.0V 3400F ultracapacitor is unique to the industry and presents excellent opportunities in the energy storage sector.” says Greg Peloquin, EVP of the Power and Microwave Technologies Division of Richardson.

About Richardson Electronics – Power & Microwave Technologies

For over 70 years, Richardson Electronics has been your industry-leading global provider of engineered solutions, RF & microwave and power products. Richardson Electronics’ Power & Microwave Technologies group focuses on what we do best: identify and design disruptive technologies, introduce new products on a global basis, develop solutions for our customers, and provide exceptional worldwide support. As a global company, we provide solutions and add value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair—all through our existing global infrastructure. More information is available at: www.rellpower.com.

About Richardson Electronics, Ltd.

Richardson Electronics, Ltd. is a leading global provider of engineered solutions, power grid and microwave tubes and related consumables; power conversion and RF and microwave components, flat panel detector solutions and replacement parts for diagnostic imaging equipment; and customized display solutions.  We serve customers in the alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific and semiconductor markets. The Company’s strategy is to provide specialized technical expertise and “engineered solutions” based on our core engineering and manufacturing capabilities. The Company provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair through its global infrastructure. More information is available at www.rell.com.

Richardson Electronics common stock trades on the NASDAQ Global Select Market under the ticker symbol RELL.

About LS Mtron

LS Mtron Co.,Ltd. is primarily focused on industrial machinery and high tech components. The company offers tractors, injection molding machines, track shoes, connector/antenna, automotive parts, ultracapacitor, among others. LS Mtron is based in Anyang, South Korea, with manufacturing plants all across the country. The company was established in 1962 as part of LG group. In 2003 LS Group including LS Mtron separated from LG group, and developed into one of the biggest conglomerates in Korea, reaching annual sales revenue of 27 billion USD in 2018. More information is available at https://www.ultracapacitor.co.kr:8001/.