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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)
