News & Media
70% of R&D manpower and technology investments to increase exports

Innopia Technologies Inc, a smart product and solution company founded in 2000, is an SME with 88 employees and sales reaching 52.9 billion won last year. Man-ho Jang, CEO of Innopia Technologies, has been in the information technology (IT) industry for 35 years. The company has developed from being specializing in research and development (R&D) to product development and export.
In order to focus on continuous product development and strengthening of global business capabilities, Innopia Technologies is has 70% of its workforce in R&D. It is also actively developing overseas markets by operating local subsidiaries in France and India to support close proximity to overseas customers. It is increasing its exports by signing supply contracts with Reliance Jio, India's largest 4G LTE operator, and Orange Telecom Group in France. Exports grew rapidly from 2.2 million dollars last year to 37 million dollars this year.
Innopia is investing more than 15% of its sales in R&D. With such investment as a foothold, it is concentrating on securing new technologies, and possesses intellectual property rights records of 29 domestic patents, 1 foreign patent, and 5 utility models. In particular, it has secured the foundation for next-generation smart industry technology and is cooperating in embedded software development with Samsung Electronics. In addition to developing electronic device system software and hardware, it is also working on research in the Internet of Things (IoT) and smart home hubs. In the IoT field, it has independently developed a wireless multiprotocol conversion solution' that can provide various services by integrating multiple home network protocols into one, and has been adopted as an international standard.
https://www.hankyung.com/economy/article/2018120687111


