S. Korean Global SM Tech LTD Reaches 100 Billion Wons by Small Screw Business. What is the Secret of Its Success?

Article by · 2017/02/17 ·

It took 9 years for Global SM Tech LTD, a specialized small precision screw maker in S. Korea, to reach a revenue of100 billion wons. This is the company’s achievement by breaking new ground in the midst of the crisis of declining electronics screw business. In the 3rd quarter of 2016, the company had already earned 81.4 billion wons in revenue, exceeding the 80.6 billion wons revenue of the previous year. Such a rapid business growth is attributed to the company’s effective strategy through acqusition and market diversification.

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