Newton Golf Signs Exclusive South Korea Distribution Deal with VOICE CADDIE
NASDAQ: NWTG
Overview
Newton Golf Company (NASDAQ: NWTG), a technology-forward golf equipment innovator, announced it has entered into an exclusive distribution agreement with VC Inc. (VOICE CADDIE), a leading provider of golf rangefinders and GPS devices based in the Republic of Korea, for wholesale and retail distribution in South Korea.
Under the agreement, VOICE CADDIE will be responsible for the promotion, marketing, and sale of Newton Golf products throughout South Korea. The partnership is designed to expand Newton Golf's brand presence and accelerate commercial growth in what the company describes as one of the world's most sophisticated and performance-driven golf markets.
Key Highlights
- Newton Golf has signed an exclusive distribution agreement with VOICE CADDIE for wholesale and retail distribution in South Korea
- VOICE CADDIE has been consistently ranked as South Korea's leading golf technology and rangefinder brand, with its distance measurement products holding the top market position for seven consecutive years as of late 2024, according to Maeil Business Newspaper
- VOICE CADDIE was named the Official Rangefinder of the LPGA Tour in 2021
- The company operates South Korea's largest database of real-world round and shot data, having analyzed a reported more than 2.8 million scorecards from hundreds of thousands of golfers in 2015
- South Korea has been reported as the world's third-largest golf market, with the total golf equipment manufacturing market anticipated to grow at a CAGR of 4.5% to $15.2 billion by 2033, according to Verified Market Reports
- The partnership includes defined performance expectations, brand governance standards, and compliance with Newton Golf's global marketing, digital, and intellectual property policies
Strategic Context
According to the press release, South Korea represents a significant global golf market with a strong culture of premium equipment adoption, advanced club fitting, and technology-led performance optimization. The market is renowned for having one of the highest per-golfer equipment spend rates in the world, reflecting strong demand for premium golf technology and innovation.
"South Korea is a strategically important market for Newton Golf, characterized by highly engaged golfers who value precision, innovation, and performance," said Dr. Greg Campbell, CEO of Newton Golf. "As Korea's largest brand for real-world golf data and golf rangefinders, VOICE CADDIE brings deep market knowledge, proven distribution capabilities, and a strong alignment with our brand values."
The distribution partnership follows Newton Golf's recent launch of its dedicated Japanese e-commerce platform, NewtonGolf.jp, which expanded the company's direct-to-consumer presence in Japan. Together, the company's direct-to-consumer strategy in Japan and its distributor-led expansion in South Korea reflect what the company described as a balanced approach to international growth across Asia.
What to Watch Next
- Commercial rollout of Newton Golf products in South Korea through VOICE CADDIE's distribution network
- Continued international expansion across Asia following the Japan e-commerce launch and now the South Korea distribution partnership
- Performance of Newton Golf's Motion and Fast Motion driver shafts in the South Korean market
About Newton Golf
Newton Golf Company (NASDAQ: NWTG) is a pioneering golf technology company redefining performance through physics-based engineering, precision design, and U.S.-based innovation. Its flagship Newton Motion and Fast Motion shafts are trusted by Tour professionals worldwide, delivering measurable improvements in stability, control, and consistency. Newton's mission is to empower golfers with scientifically advanced tools that maximize consistency and accuracy, ensuring every swing is backed by the laws of physics. For more information, visit newtongolf.com.
ArcStone Financial Pulse Team
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