Plataine & NEPES sign MoU
Plan to jointly develop and market AI-based solutions for semiconductor manufacturing.
Plataine, a leading provider of advanced sannounced that they have signed a Memorandum of Understanding (MoU) to jointly develop and market AI-based solutions for the semiconductor manufacturing industry.
Based on the MoU, the companies will work together to develop products and software solutions for intelligent automation and optimization for advanced manufacturing in the field of semiconductors. The products will combine Plataine’s AI and IoT Based Total Production Optimization (TPO) software with NEPES’ industry know-how and expertise. The Parties will also form a joint venture in the Republic of Korea that will market, distribute, and sell these solutions.
This collaboration was initiated with the support of YOZMA GROUP KOREA and YOZMA INNOVATION CENTER. Yozma Group entered the Korean market in 2014 and established YOZMA GROUP KOREA, an investment company and company builder. To strengthen the role of connecting Israeli innovative tech with Korea’s leading industrial ecosystem, it recently opened a consulting arm in Israel called Yozma Innovation Center.
As part of the partnership, Plataine will provide the joint venture with its technology in the field of intelligent automation and optimization software solutions. Plataine will also provide training and supervision for the joint venture, leveraging its vast experience in intelligent automation and optimization processes for advanced manufacturing.
NEPES will provide the joint venture with training and specific knowledge of the semiconductor industry, as well as access to data and information obtained from its facilities during the development of the products. Additionally, NEPES will support the distribution of the product to potential customers and promote the business.
As reported by Nam Ki-hyeon, Head of Venture Science Department of the Korean Maeil Business Newspaper:
“When the AI factory is built, we will have an AI system that runs 24 hours a day,” said Byung-koo Lee, the chairman of Nepes. “We will further increase productivity and dramatically reduce costs to become the best semiconductor factory in the world.”
The Chairman of Plataine, Dr. Moshe Ben-Bassat added “Nepes is a global leader in semiconductor packaging, and we have a lot in common, including our philosophy toward our employees,” said Mr. Ben-Bassat, explaining why Plataine chose to partner with Nepes. “With our entry into Korea, we look forward to expanding our collaboration opportunities with Korea’s excellent manufacturing companies,” he added.