A giga ohm (GΩ) resistor that is used in high voltage machines such as measuring instruments for IMT2000, inverters, and Power Line Communication (PLC) has been localized by a small and medium-sized company in Korea. A-Jin Technology (chaired by Song Seok-rae) announced on May 3 that they have researched and developed a high voltage giga ohm resistor together with professor Park Hyeon-shik of the department of Electronics of HanKyong National University over the past 2 years with a total of 300 million won in research.

The possible error in this product developed is ±1% requiring high technology being the core parts in products such as measuring instruments of next generation communications system, the IMT2000, huge inverters, PLC, and current transformers. The parts have relied solely on imports so far.

Professor Park Hyeon-shik from HanKyong National University explained, "The high voltage giga ohm resistors has been supplied solely by the Japanese companies such as Mitsubishi, Gayama, and Neyhwa with the local demand of 40 million units per year. We expect an import substitution effect of over 10 billion won with the localization of the giga ohm resister."

A-Jin Technology has invested 1 billion won at the Seongnam plant with a capacity of producing 15 million units per month, and are planning to enter the phase of mass production, from next month, of the product developed together with HanKyong National University.

Chairman Song Seok-rae announced that, "We have made the product to be highly competitive by localizing not only the materials but also the production equipment, and we are planning on exporting over 700 thousand dollars worth of the product to the American and East Asian market."