DK Tech to Invest KRW22 Billion in New ESS Facility in Georgia, North America

MT Newswires Live11:16

DK Tech (KOSDAQ:290550) is planning a new facility investment of 22 billion won in Georgia, North America, which is the site of its planned joint venture with BH EVS, according to a Monday filing with the Korea Exchange.

The new facility will support North American clients and expand capabilities in energy storage systems (ESS), robotics, and automotive electronics modules. The investment will be made from June 30, 2026, to Dec. 31, 2027.

BH EVS is an automotive electronics company established in 2022 through the acquisition of LG Electronics' automotive wireless charging business.

Shares of DK Tech fell nearly 1% in Monday morning trade.

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