SK Hynix’s SKC is Establishing a Semiconductor Subsidiary in China

- Advertisement -
  • SKC is also going to start mass-production of mask blanks used in semiconductors starting this year
  • SKC Solmics intends to setup a semiconductor cleaning facility in China

SKC Solmics, SKC’s affiliate specializing in semiconductor parts and materials, is expanding its semiconductor cleaning business in China. SKC Solmics had recently launched its cleaning business, which involves removing foreign substances from semiconductor equipment and parts.

“The cleaning business is large, and it has high growth potential. SKC Solmics will stabilize its business in China quickly and enter the global market based on its cleaning business know-how accumulated for over 16 years,” a SKC official said.

The company said that it had decided to enter the Chinese market this year to expand its business in the global market.

- Advertisement -

1.2 trillion won in 2020 to two trillion won in 2025

The importance of the cleaning process, as per SKC, has increased as the semiconductor circuits have become nanoscopic. The market size is rapidly growing accordingly. According to SKC’s internal survey, the global market is expected to grow from 1.2 trillion won in 2020 to two trillion won in 2025.

“Semiconductor cleaning is a process of removing foreign substances by cleaning various kinds of equipment and parts needed for semiconductor production. In semiconductor processes, even a very small amount of foreign substances can affect the yield and quality greatly. As such, semiconductor manufacturers clean the equipment and parts regularly before reusing them,” read SKC’s official statement.

The company is also going to start mass-production of mask blanks used in semiconductors starting this year. South Korean companies rely on Japan-based suppliers to source majority of mask blanks.

SKC, a subsidiary of Korea-headquartered SK Hynix, had invested $39.4 million in developing a mask blank plant in 2018. This plant is said to be completed now. SKC might start manufacturing mask blanks anytime soon.

- Advertisement -

Most Popular Articles

Mukul Yudhveer Singh
Mukul Yudhveer Singh
Mukul Yudhveer Singh is an Editor at EFY. He’s an experienced business journalist who is both an enthusiast and a cynic of technology. Believes in data, as well as hunch-based journalism. He defines journalism as- reporting facts which help the audience take their own decisions, not ones that influence them!

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Exclusive

“Don’t Let Designations Become A Wild Goose Chase”

0
In his childhood, he possessed just one sweater, meant to last through many winters. He could not join IIT Roorkee because the cost of...

“Capitalise On ‘China Plus Two,’ Where Products With Higher Value Addition Become The Focus”

0
EPIC Foundation aims to transform India into an electronics hardware product nation by collaborating with governments, universities, design houses, and startups. In a conversation...

Exclusive: Electric Two And Three Wheelers In Focus For AMP 2030

0
It seems that the Indian government is going to focus on electric two— and three-wheelers. Taking these beyond Tier 1 and 2 Indian cities...

Buzz

solar panels

Tata Power Solar And Indian Bank Forge Partnership To Propel Residential Solar Adoption

0
This collaboration aims to facilitate easy access to financing for homeowners, setting the stage for a greener future. Tata Power Solar Systems Limited (TPSSL) has...

Honda plans major EV factory construction in Canada,

0
Honda's dedication to this facility reflects its wider ecological objectives, which include a target to only offer zero-emission vehicles by 2040 and to attain...

Scoop: Finayo Plans Rs 100 Cr Financing Fund For EV Dealerships

0
While EV finance is improving in Bharath (Tier 2, 3, 4 cities, and rural India), it is still one of the biggest challenges! Can...

Important Sectors

solar panels

Tata Power Solar And Indian Bank Forge Partnership To Propel Residential Solar Adoption

0
This collaboration aims to facilitate easy access to financing for homeowners, setting the stage for a greener future. Tata Power Solar Systems Limited (TPSSL) has...

Log 9 Enters EV Asset Management Via Amphion

0
Commercial electric vehicle asset management and finance is becoming one of India's biggest emerging business opportunities. Here's Log 9 joining the segment! Log 9 has...

Honda plans major EV factory construction in Canada,

0
Honda's dedication to this facility reflects its wider ecological objectives, which include a target to only offer zero-emission vehicles by 2040 and to attain...

Scoop: Finayo Plans Rs 100 Cr Financing Fund For EV Dealerships

0
While EV finance is improving in Bharath (Tier 2, 3, 4 cities, and rural India), it is still one of the biggest challenges! Can...

Macquarie Group To Invest $1.5 Billion In Indian Fleet Electrification With Vertelo Launch

0
Vertelo has entered into a long-term lease agreement with Tata Motors, committing to purchase up to 2000 electric cars within the next three years....

Manufacturing

Honda plans major EV factory construction in Canada,

0
Honda's dedication to this facility reflects its wider ecological objectives, which include a target to only offer zero-emission vehicles by 2040 and to attain...
Sona Comstar

Sona Comstar Launches Mexico Plant For North American EV Demand

0
The new facility, established to address the increasing demand for premium driveline solutions for BEVs in North America, will focus on manufacturing differential assemblies...

Sterling Tools Inks MoU With Yongin For EV Components Facility

0
Sterling Tools announced that this strategic partnership is anticipated to bring in Rs 250 crore in business over the next five years. This collaboration...

Tata Elxsi-Renesas MCU Boosts EV Cost Efficiency And Market Speed

0
The Motor Control Unit's modular, scalable design facilitates integration across various EV applications, reducing time to market by 40%, lowering design and development costs...

Ramkrishna Forgings To Supply Powertrain Parts To Top US Electric Carmaker

0
Indian producer of rolled, forged, and machined products enter the US electric vehicle market for the first time. Ramkrishna Forgings, an Indian supplier of rolled,...