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Casino Baccarat Slot Machine Monitor 'Jackpot' ... Half the world

Summer 2010. Kotek Founder Lee Han-koo, who had planned to enjoy retirement after his six-year-old retirement, offered to take over Kotek to Kim Young-dal, CEO of IDIS. Kotech, the top player in the global casino game console market, was attractive enough. Unfortunately, at the time, Kim Young-dal was not able to look at other places because he was stuck with the management of idys.

In 2012, Kim Young-dal, who transformed into a holding company system and diversified its business portfolio, visited Lee Han-koo. Lee Han-koo, chairman of the board of directors, has been meeting with 50 companies for two years, but he has not been able to find a suitable person to develop his company. Lee Han-koo, who has been evaluating the technology and management capabilities of Kim Young-dal, who has grown to become the No. 1 security solution company in the world, was delighted to accept the terms presented by Kim Young-dal, and the contract was concluded within three minutes. In this way, Kotec became a subsidiary of the IDIS Group, led by Kim Young-dal.




350 types of production monitors only
Kortek is the number one player in the world slot machine (casino) display market. It is supplying 87% and 98.5% of Kortek's display to IGT and Aristocrat's first and second slot machine manufacturers, respectively. In North America, where the casino industry has developed, Kotec has a market share of over 70% and a global market share of 52%. In short, one of the two slot machines in the world is a Kotec product.

Kotech is a company that specializes in producing industrial displays rarely in Korea. Industrial displays require higher technology than regular monitors. It must be durable against dust, humidity, heat, etc. because it has to operate 24 hours a day, and in order to block suspicion of operations in a casino where a lot of money is exchanged, the color difference of all slot machines in the casino should be practically zero. In addition, each slot machine company has different product specifications, so it is necessary to satisfy all the demanding conditions required by the purchaser.

Kim Young-dal expanded R & D investment by doubling R & D personnel after acquiring Kotech. It was to cope with the tendency of the casino monitor to become high-level and large-sized. And the monitor touch technology team has been newly purchased. As a result, Kortek was able to steadily develop new monitors with special features that were not inferior in quality compared to the US companies that dominated the slot machine industry.

The industrial display sector is not a standardized product such as a television or a mobile phone, but rather a small quantity of a variety of products that are made according to the customer's order. Because of this, Kotek produces about 350 kinds of monitors and 46 monitors.

Slot machine game machines (cabinets) should have a splendid glamor to attract customers to play games. As a result, the size is getting larger, the screen becomes clearer, and the surface is evolving rapidly from 2D to 3D and 4D.

Kotech has released a two-stage curved monitor and an 84-inch large monitor this year, followed by the development of a non-eyeglass 3D technology that allows the lens to recognize a person's eye position when sitting on a chaise lounge. In addition, we have advanced beyond the simple display to a design area that gives a colorful and sophisticated feel. In order to prepare for this rapidly developing market, Kortek is introducing 50 to 60 new casino monitors every year.

Exports account for 99%
Kortek, which already dominates the slot machine monitor market, is gradually expanding its business area to electronic board, medical monitor, aviation, ship, and military monitor, and is making a leap into an industrial display total solution company. Kortek, which entered the electronic blackboard market in 2011, is delivering products to Smart and Barco, a global electronic board specializing company. The medical monitor for ultrasound was also the top in the industry. Since 2005, we have been supplying ultrasonic monitors to global medical devices companies such as GE and Siemens, and Siemens is proud of being able to use ultrasonic diagnostic monitors as a whole.

Kotec is a company that exports 99% of its total sales. Nine of the top 10 companies, including Aristocrat, Konami, WMS and Spilo, are using the Kotec monitor, as well as IGT, the top slot machine company in the world.

The largest market is the North American region of Las Vegas, followed by Europe. As such, Kortek has established an overseas marketing strategy to further solidify its position in the US and European markets through the World Champ business and to open new customers.

Sensitive to new trends The gaming market is an important trade show for new products. Kotek participated in the booth at Global Game Expo (G2E), the world's largest game exhibition in Las Vegas with World Champ. KOTRA's trade center coordinated Kotec's business partners and meeting schedules, uncovered potential buyers and gathered information, and actively supported the company's product research and market trends.

As a result of the solid position of the brand through the exhibition in the Americas, sales have doubled with the conclusion of a new exclusive contract with Aristocrat, which has been continuously trading. Kotec hopes to become the industrial display producer that is trusted by global corporations together with KOTRA to launch 'Jackpot' in the center of the