SK Innovation Co., the holding company of South Korea’s biggest refiner SK Energy Co., said Tuesday that it will invest about 90 billion won ($81 million) to expand its IT-related production line.
SK Innovation aims to complete the expansion of the plant in Jeungpyeong, about 126 kilometers south of Seoul, by 2014, the company said in a statement. The plant produces “flexible copper clad laminate.”
FCCL is a key component for the flexible printed circuit board which is used for IT devices like smartphones and tablet PCs.
SK Innovation started massproducing FCCL in August 2011 at the Jeungpyeong plant. (Yonhap News)
