Global competitiveness Secured
South Korea’s chemical and high tech material company SKC Co. has started its chemical mechanical polishing (CMP) business in earnest, acquiring the patent and business rights from domestic company and securing the mass production facilities. It has been a year after it announced to jump into the CMP market. The global and domestic markets are mostly dominated by the U.S. as patents and licenses make entry to the market difficult for others.
The company announced that it held a ceremony for the completion of the CMP pads manufacturing facility withan annual capacity of 50,000 sheets in Yongwol, Anseong of Gyeonggi Province, on October 6 in nine months after beginning the construction. The ceremony was attended by some 100 officials and guests, including SKC chief executive officer Lee Wan-jae.
“We have an ambitious goal to contribute to domestic production of semiconductor materials by self-developing core ingredients (Pre-Polymer), obtaining pad mass-producing technology and expanding sales for CMP slurries in order to secure the competitiveness and business foundation in the semiconductor materials market dominated by foreign companies,” said Lee Wan-jae, CEO of SKC.
SKC tapped into the business after acquiring patents and business rights for CMP pads from Dong Sung A&T Co. in September 2015, and acquired the certification for pads used in key process of domestic semiconductor firms in September this year.
“The company aims to achieve 300 billion won (US$268.46 million) in sales and a 30 percent share in the global market by 2025 by investing 50 billion won (US$44.74 million) in the CMP pad business by 2020. We are also preparing for development and commercial production of CMP slurries, a chemical substance used in the CMP process along with CMP pads. Accordingly, we expect to secure the global competitiveness in the semiconductor CMP materials sector,“ said an official from SKC.