Samsung Electro-Mechanics is joining forces with Japan’s Sumitomo Chemical Group to establish a joint venture (JV) for the production of “glass core,” a key material for glass substrates.
The company has signed an agreement with Dongwoo Fine-Chem, a wholly owned subsidiary of Japan’s Sumitomo Chemical Group, to establish the JV “GlaSSEM” (tentative name) in order to secure competitiveness in glass substrate materials. The total investment by the two companies is KRW 480 billion, with Samsung Electro-Mechanics holding 66% and Dongwoo Fine-Chem 34%. The JV’s headquarters and production facilities will be located within Dongwoo Fine-Chem’s Pyeongtaek plant in Pyeongtaek, Gyeonggi Province. The company aims to complete the establishment of the corporation within this year and commence full-scale operations in the second half of next year (July–December) after building production facilities and stabilizing processes. Through this, it plans to actively respond to demand for glass substrates.
Glass substrates are considered next-generation substrates suitable for semiconductor packages used in artificial intelligence (AI) servers and high-performance computing (HPC), as they offer a flatter surface and less thermal deformation than conventional plastic substrates.
Park Hyun-ik
AI-translated with ChatGPT. Provided as is; original Korean text prevails.
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