Mugunghwa Information Technology Co., Ltd. engages in the manufacture and sale of electrical products and capacitors. It operates through the following divisions: Manufacturing, Financial Information Technology (IT) Solutions, and Health Functional Food Business. The Manufacturing division manufactures electronic components such as capacitors. The Financial IT Solutions division refers to software development and supply. The Health Functional Food Business division focuses on the manufacturing and selling of health functional foods. The company was founded on April 7, 1967 and is headquartered in Seoul, South Korea.