Dongbu HiTek formed to create bio-semiconductor enterprise
Dongbu Electronics and Dongbu Hannong Chemicals, both publicly held Korean companies that have been operating within The Dongbu Group, have announced the approval of their merger. The newly merged Bio-Semiconductor enterprise, named Dongbu HiTek Co., Ltd., will formally launch, May 2007 to provide comprehensive wafer foundry services as well as advanced chemicals and materials for agriculture, bioengineering, nanotechnology and semiconductor processing.
In considering new names for the merged enterprise, Dongbu HiTek was chosen to combine the recognised "Dongbu" brand, embodying a long standing commitment to improve the quality of life through the use of cutting-edge technologies, with universally understood "HiTek" to symbolize the enterprise's goal to become globally renowned in high technology as it serves large markets with high growth potential in the bio and semiconductor fields.
Plans are underway to streamline existing business operations such as those encompassing petrochemicals, metal materials (alloy iron), electronic materials and global trading, and to focus on new high-tech materials such as those based on nanotechnology. By expanding its staff of nanotechnology experts and using advanced semiconductor processing techniques, the company expects soon to characterize new high-tech electronic materials in concert with its mid- to long-term roadmaps.
Momentum has already been established in producing new semiconductor processing materials including CMP slurry (for polishing semiconductor wafers), stripper chemicals, BARC (Bottom Anti-Reflection Coating) and plastic solder ball. Such new materials are now being tested against rigorous performance, reliability and applicability criteria, demonstrating the synergy that can be expected from the newly merged enterprise.
