Banseog note · Oct 25, 2026
Cuckoo Electronics — from rice cooker maker to a home appliance company going abroad
- Where it stands now
- Overseas expansion — adding European and Southeast Asian sales channels and new appliance categories on top of domestically focused revenue
Cuckoo Holdings, the holding company that owns 100% of Cuckoo Electronics, posted second-quarter 2026 revenue of KRW 240.0 billion (+16%) and operating profit of KRW 31.1 billion (+53%).
As of 2025, revenue was 77% domestic and 23% overseas, and the company has overseas subsidiaries in Malaysia, the US, Indonesia, Australia and elsewhere.
- Three decisions within a year
- Push into Europe: at 'IFA 2026' in Berlin, Germany, in September 2026 the company presented 49 kitchen and home appliance models to Europe for the first time. It currently exports to 12 European countries, centered on Germany.
- New category: in April 2026 it launched the food waste processor 'Eco Whale Cube', with after-sales care handled through its nationwide service center network.
- Expanding overseas bases: using its overseas subsidiaries as bases to widen markets, the company has set out a goal of reaching the KRW 2 trillion revenue range.
- Three people it will look for
- European sales and channel development — exports to 12 countries need to grow and buyers met at IFA need to be turned into deals
- Overseas subsidiary operations manager — the overseas subsidiaries are the pillar for raising the overseas share of revenue
- New product planner and developer — new home appliance categories such as food waste processors need to keep coming
- For HR
- Home appliance and rental companies are looking for the same overseas sales and product planning people. Now, as European talks after IFA turn into deals, is the time to hire people for Europe.
- For job seekers
- Experience selling small appliances in Europe or Southeast Asia, or planning a new appliance category from scratch, is worth the most at this company right now.
A reading written from public sources. Sources: Newspim 2026-09-21 (Cuckoo Holdings second-quarter results, revenue mix), 2026-09-04 (IFA 2026); Etoday 2026-06-15 (Eco Whale Cube). Team size is from Korea's pension register.