Inkjet printing solution firm Enjet’s earnings this year will again be determined by Samsung and Samsung Display.
Enjet, which listed on Kosdaq last year, is aiming for an annual revenue of 44.8 billion won and an operating profit of 18.2 billion won, sources said.
These goals are higher by 2 times and 3.4 times compared to its figures posted in 2022.
Samsung Display will account for 60% of that revenue target and Samsung Electronics 21%.
Enjet supplies its edge light blocking solution to HB Solution, which assembles it into machinery supplied to Samsung Display.
The machine is used to prevent light from leaking out of OLED panels from the sides.
Samsung Display uses the machines to manufacture OLED panels it supplies to key customer Apple.
Enjet uses its own electro-hydrodynamic printing technology for its edge light blocking feature.
The company claims its technology can increase the precision of depositing the ink to cPs levels.
Meanwhile, Enjet also collaborates with Samsung, Seoul Semiconductor and PlayNitride in LED.
Enjet’s inkjet technology is used to replace the side circuits of the circuit board used by Samsung for its MicroLED TVs.