K Lab Co., Ltd.

K Lab Co., Ltd. Overview

Company Headquarters: South Korea

Founded: 2016

Workforce: ~30

Company Address: K Lab Co Ltd, (34014) 94-23, Techno 2-ro, Yuseong-gu, Daejeon, Republic of Korea.

Contact Details: Phone: +82 42 932 7586/ +82 42 932 7589

Company Working: K Lab Co., Ltd. is one of the leading companies in the development and dissemination of spectrophotometers. The company majorly offers two categories of spectrophotometers which are UV-Vis spectrophotometers and Microvolume spectrophotometers. It provides application solutions for biological or water analysis. The company provides innovative solutions through valuable, reliable, and accurate products to customers. The company has a presence mainly in the UK, Korea, and China.

Strategy

K Lab Co. Ltd has a business strategy that focuses on maintaining and increasing their efficiency of production for analytical and test and measurement businesses while also increasing their capacity in adjacent markets as well as by developing technologically advanced products and services. The company also aims at expanding its international business by partnering with other players in developing countries.

Company Snapshot

30

Employees

2016

Founded

South Korea

Headquarters

SWOT Analysis

Strengths

Diversified geographic presence
Robust product portfolio

Weaknesses

Dependence on outside component suppliers

Opportunities

Growth in the healthcare IT market and pharmaceutical testing solutions

Threats

Low availability of labor
Ongoing compliance costs affecting manufacturing

Key Developments

Date	Approach	Development
May 2018	Product Launch	K Lab launched a double-beam spectrophotometer, the OPTIZEN Alpha. The device can measure the concentration or purity of the sample by measuring the transmittance and absorbance at each wavelength in the ultraviolet and visible range.

Product Offering

K Lab Co., Ltd.

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