NexaDynamics Secures $1.15 Million AI Server Order in Japan Two Days After Management Restructuring

NexaDynamics is accelerating its business transformation by entering into an AI server supply contract with a Japanese IT company immediately following a management restructuring. Having brought on new board members with expertise in semiconductors, servers, and data centers, and now securing overseas orders, NexaDynamics is making significant strides in its transition to an AI server manufacturing company.

KOSDAQ-listed NexaDynamics announced on September 21 that it has signed a contract worth USD 1.15 million (approximately KRW 1.55 billion) to supply AI servers and related components to a Japanese IT company. The name of the client company was not disclosed at their request for business confidentiality.

This contract was finalized just two days after the launch of a new board of directors at an extraordinary shareholders' meeting held on September 14. At that time, NexaDynamics shifted its business direction toward becoming a specialized manufacturer of AI servers and data centers, bringing in industry experts as board members in relevant fields.

The company emphasized that the contract terms ease its cash flow burden. According to the official purchase order, a significant portion of the total USD 1.15 million order will be paid in cash before shipping the products, with the remaining balance to be settled within five business days after product inspection.

NexaDynamics expects that the high proportion of advance payment in this contract will reduce the burden of accounts receivable collection and enable the company to secure the necessary funds for production in advance. The company explained that this high ratio of upfront payment was achieved based on the overseas client's trust in its supply network and products.

The newly formed management team is also heavily focused on semiconductors and information technology. CEO Kangchill Lee previously served as Executive Vice President of SK hynix and is currently the CEO of Teacon. Inside director Donghan Lee is a former Executive Managing Director at Intel Korea, and inside director Hoojong Kim previously held positions as Head of Service Technology at SK Telecom and Executive Vice President at Huawei. Inside director Sangmin Lee previously headed the Technology Division at LG Uplus and is now a professor of AI at Gachon University.

In the data center sector, Director Dongwoo Hwang and auditor Younghoon Jung, both serving on the management team of DC Korea, have joined the company. NexaDynamics plans to expand both domestic and international AI server supply channels by leveraging the new management team's semiconductor and data center networks.

The company is also building out its manufacturing infrastructure. Based on KRW 13 billion in capital raised from a completed rights offering, NexaDynamics is establishing a dedicated AI GPU server assembly line of approximately 6,600 square meters at the Siwha National Industrial Complex. After pilot production in the fourth quarter of this year, full-scale mass production of finished AI servers is scheduled to begin in 2027.

The company is also considering supplying servers for DC Korea Group’s large-scale hyperscale data center in Dangjin, as well as urban edge data centers in the greater Seoul area. NexaDynamics aims to maximize the initial production line utilization by expanding both overseas client orders and supplies to affiliated company data centers.

Kangchill Lee, CEO of NexaDynamics, stated, "Securing a supply contract in Japan directly after the launch of the new board is a sign that our industrial network is translating into global sales. In 2026, we will lay the foundation for our business through stable contracts, and by 2027, we aim to establish a Korean AI server manufacturing platform by integrating finished servers produced at our Siwha plant with data center infrastructure."

This content was produced with the assistance of AI translation services.