Anyang, South Korea, August 9, 2018 – RFHIC Corporation (KOSDAQ:218410), a global leader in designing and manufacturing GaN RF & Microwave components for communications and defense applications publically announced 14.48% ($19.53M US$) of their total assets would be used to acquire a portion of the industrial town in Moonwoon-Dong, GwaCheon.

The Company’s Spokesperson stated, “By securing the land it will allow us to expand our defense and wireless communications business, as we expect to grow within the next few years.”

Reporter Oh, Ye Rin, yerin2837@etoday.co.kr
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About RFHIC
RFHIC Corporation provides innovative GaN solutions that transform how the world operates, communicates, and protects. Our cutting edge GaN technology is the core foundation of all our inventions for creating a better, faster, and more efficient world. As a global leader in designing and manufacturing GaN RF & Microwave components, we envision spurring a new era of high-powered and reliable devices for the next big change in industrial, cellular, and defense technology. Headquartered in Anyang, South Korea.  RFHIC has a US sales office in Morrisville, North Carolina, and sales distributors throughout North America, Europe, and Asia.  RFHIC is an ISO9001 (International quality standard) and ISO14001 (Environmental management standard) certified company, providing reliable and dependable products worldwide.

Media Contacts:
Grace Cho
Grace.cho@rfhic.com