How We Got Here

From set-tops to gateways

Since its founding in 1989, HUMAX has focused on performing extensive R&D in the field of digital technology.
In 1996 we became the first company in Asia and the third in the world to successfully develop the digital satellite set-top box, paving the way for our current leadership in the world’s gateway market.

Founding

1989

THE FOUNDING DECADE

  • 1989 Conin System Co., Ltd. founded
  • 1990 Industrial vision system CVS-256
  • 1991 Video mixing board for editing subtitles shipped
  • 1993 Digital home appliances chosen as the business focus
  • 1994 The world’s first CD-karaoke machine introduced

The 1st Achievements

1996

  • May 1997 Subsidiary in the UK (Northern Ireland) established
  • December 1999 Subsidiary in the UAE established
  • January 2000 Subsidiary in Germany (Frankfurt) established
  • June 2000 Subsidiary in the US established

SPECIALIZATION

  • 1996 Set-top boxes for digital satellite broadcasts developed (first in Asia, third in the world)
  • 1997 KOSDAQ listed
  • 1998 Corporate name changed to HUMAX Co., Ltd. & Headquarters and plant moved to Yongin
  • 1999 Decoration for excellent performance at the 3rd Annual Venture Business Fair awarded
  • 2000 Set-top boxes for digital cable broadcasts developed
  • 2000 $100 million in exports achieved

The 2nd Growth Engine

2001

  • February 2002 Sales office in London, England opened
  • August 2003 Subsidiary in India (New Delhi) established
  • December 2003 Office in Milano, Italy opened
  • July 2004 Subsidiary in Australia (Sydney) established
  • September 2004 Branch in China opened
  • December 2005 Subsidiary in Hong Kong established
  • May 2006 Subsidiary in Poland established
  • May 2007 Subsidiary in Thailand established

MARKET DIVERSIFICATION

  • 2001 Set-top boxes for digital TV service developed &
    $200 million in exports achieved
  • 2005 $500 million in exports achieved

The 3rd Growth Engine

2008

  • June 2008 Branch in Turkey opened
  • May 2010 Branch in Russia opened
  • June 2010 Subsidiary in Australia re-established
  • September 2010 Branch in Italy changed to subsidiary
  • October 2010 Branch in France opened
  • May 2011 Subsidiary in Brazil established
  • November 2013 Subsidiary in Mexico established

BUSINESS TRANSITION & CONVERGENCE

  • 2008 Queen’s Award (UK) received
  • 2008 Business diversification started
  • 2009 HUMAX Co., Ltd. established as a separate subsidiary of HUMAX Holdings Co., Ltd.
  • 2010 $1 Billion in exports achieved
  • 2011 Daewoo IS (HUMAX Automotive) acquired
  • 2013 Residential gateway business started & Home gateway server market entered

The 4th Growth Engine

2014

  • March 2015 Branch in Vietnam opened
  • December 2016 Subsidiary in China established

THE AMERICAS CABLE & CONVERGENCE

  • 2014 New CEO appointed
  • Cable market in the Americas entered

The 5th Growth Engine

2017

  • March 2017 Subsidiary in Vietnam established
  • December 2018 Subsidiary in Weihai, China established

BUSINESS TRANSFORMATION (2017~)

  • December 2017 WinnerCom acquired
  • January 2018 Humax Automotive merged with Humax
  • February 2018 Digiparts acquired
  • December 2018 Humax I&C merged with Humax
  • January 2019 Humax IT established
  • October 2019 Humax Mobility established
    H&I established
    Hiparking & Hi City Parking acquired
  • November 2019 Humax Technus established
  • December 2019 Rocket Launch & Altimedia acquired
  • April 2020 Humax EV established
  • July 2020 Byclip acquired
  • August 2020 Humax PARCS established
  • January 2021 People car acquired
  • June 2021 Hi Green Parking (AJ Park) acquired
  • April 2022 JEJU Electric Vehicle Service acquired