KOREA WHO
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CEO of Novatech
Oh Choon-taek
World's First Shield Magnet Developed, Successful Localization from Design to Production
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Last Updated on Mar 12, 2025
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CEO of Novatech
Life Summary
Oh Choon-taek is the CEO of Novatech. He also serves as the CEO of its subsidiary, Novalabs.
In 2012, he developed the world's first Shield Magnet.
He was born on May 31, 1960, in Yangyang, Gangwon Province.
He graduated from Gangneung High School and studied Mechanical Design at Pusan National University.
In 1986, he joined LG Electronics and worked there for ten years.
In 1998, he founded Telecom Electronics. After experiencing bankruptcy, he established Novatech in 2007 and successfully made a comeback.
Novatech is regarded as the only company in South Korea that has fully internalized magnet design, raw material sourcing, and production capabilities.
#OhChoonTaek #Novatech #Novalabs #ShieldMagnet #LGElectronics #TelecomElectronics #SouthKorea #MechanicalDesign #PusanNationalUniversity #MagnetIndustry
In 2012, he developed the world's first Shield Magnet.
He was born on May 31, 1960, in Yangyang, Gangwon Province.
He graduated from Gangneung High School and studied Mechanical Design at Pusan National University.
In 1986, he joined LG Electronics and worked there for ten years.
In 1998, he founded Telecom Electronics. After experiencing bankruptcy, he established Novatech in 2007 and successfully made a comeback.
Novatech is regarded as the only company in South Korea that has fully internalized magnet design, raw material sourcing, and production capabilities.
#OhChoonTaek #Novatech #Novalabs #ShieldMagnet #LGElectronics #TelecomElectronics #SouthKorea #MechanicalDesign #PusanNationalUniversity #MagnetIndustry