Seojin System Expands ESS Manufacturing with U.S. Facility Amid 1.8 Trillion Won Sales Forecast
Seojin System is expanding its Energy Storage Systems (ESS) manufacturing with a new facility in Texas, set to begin operations in March-April. The company, which achieved estimated sales of 1 trillion won last year, anticipates a rise to 1.8 trillion won by 2025, driven by resumed U.S. orders and its production of a 20-foot ESS model. In addition to ESS, Seojin plans to enter the robot foundry market while continuing its semiconductor equipment manufacturing.
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Seojin System, known as the 'Foxconn of the ESS industry,' is expanding its manufacturing capabilities with a new factory in Texas, U.S., expected to begin operations in March-April. The company specializes in Energy Storage Systems (ESS), producing a 20-foot model that contains around 10,000 battery cells, capable of storing 5 megawatt-hours (MWh) per unit.
With operations at full capacity in Vietnam, Seojin is fulfilling resumed orders from U.S. clients after previous tariff issues. The company achieved estimated sales of 1 trillion won last year, with ESS contributing 37% to total sales.
Securities firms project 2025 sales to reach 1.8 trillion won. Seojin also manufactures semiconductor equipment and plans to enter the robot foundry market, leveraging its in-house production of core components.
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