About Us
Together in the Right Direction, embracing change and challenge
Novatech unites experts with unique competitiveness and shielding magnet know-how to deliver high-growth magnet solutions.
Company Name
Novatech Co., Ltd.
CEO
Oh Choon-Taek
Established
March 1, 2007
Main Products
– Magnets (NdFeB, SmCo, Ferrite)
– Shield Magnets & Magnet Applications
– Magnet Plates (for portable devices)
– Motor Position Sensors (for vehicle motors)
Address
11F, Heungdeok U-Tower Knowledge Industry Center, 120 Heungdeokjungang-ro, Giheung-gu, Yongin-si, Gyeonggi-do, South Korea
Website
www.mynovatech.com
Subsidiary
South Korea – Yongin |
Novatech Head Office |
| Novatech Head Office The hub of global strategic management and sales |
| – Sales, Business Support |
Korea Magnetic Technology Institute |
| A key center for magnet technology development and innovation |
| -New Material Development, Application Development, Process Development, Equipment Development |
South Korea – Seongju |
NovaGreen |
| Sustainable Recycling Manufacturing |
| – Plate Manufacturing |
China Ningbo Novatech |
| A key production and supply base for overseas and Chinese markets |
| – Magnet Processing |
Novatech Kesheng |
| Nd Sintered Magnet Processing Plant |
| Raw Material Block Production and Magnet Finished Product Processing |
Vietnam Novatech Vina |
|---|
| A production hub for overseas markets |
| – Shield Magnets, Halbach Magnets |
| – Magnet Plates, Magnet Application Devices |
Laos Novatech Laos |
|---|
| A strategic base for raw magnet material supply |
Novatech Vina – Vietnam
December 25, 2018
Products
Magnet Plate for portable devices, Shield Magnet & Magnet
Location
Lot CN 1-3,Que Vo 3 IZ, Viet Hung Commune,
Que Vo District, Bac Ninh Province
Land Area
15,088 m² (4,572py)
Building Area
11,800 m² (3,576 py, 2F)
Ningbo Novatech – China
Established
August 21, 2018
Products
Magnet Plate for portable devices, Shield Magnet & Magnet
Location
E14-1, Core Innovation Center, NO.11, Lane 866, Jinghui Road, Yinzhou District, Ningbo, China
Land Area
5,461 m² (1,654py)
Novatech Kesheng – China
Established
Joint venture, March 5, 2011
Products
Nd Sintering
Location
Hongtang Village, Jiangbei Dist., Ningbo City, China
NovaGreen
Established
September 7, 2022
Products
Recycled PET, Melamin Board
Location
1542, Jangsan-ri, Wolhyang-myeon, Seongju, Gyeongsangbuk-do, South Korea
Land Area
3,336 m² (1,009py)
