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Start your day with a roundup of key stories from The Korea Herald with news and comment on all that’s happening in Korea.

SKC completes CMP pad factory

By 황유미

Published : Oct. 6, 2016 - 15:30

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[THE INVESTOR] SKC celebrated the completion of its chemical mechanical polishing pad factory in Gyeonggi Province with a ceremony on Oct. 6.

It has invested 20 billion won (US$17.97 million) in the factory that can manufacture about 50,000 units of CMP pad, a polyurethane product used to smooth surfaces of semiconductor wafers. CMP pads are high value-added products whose market is dominated by US companies.

SKC jumped in the business last year acquiring the patent and business rights from Dongsung A&T in September, and will invest 50 billion won by 2020 aiming to reap 300 billion won revenue by 2025.

By Hwang You-mee (glamazon@heraldcorp.com)

SKC completes CMP pad factory

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