STI Co., Ltd. is a semiconductor and display equipment manufacturer established in 1997, contributing to import substitution through the localization of core cleaning and etching equipment such as Central Chemical Supply System (CCSS) and Wet System. The company has also completed the development of inkjet equipment and purification systems for the OLED business, entering the mass production phase, with inkjet equipment currently being developed for post-process lamination in mobile and tablet PCs. Its main business involves manufacturing and selling semiconductor manufacturing devices and equipment, with major revenue generated from CCSS product sales. Recently, the company has successfully developed and secured orders for power semiconductor heat dissipation component manufacturing equipment, expanding its presence in the global market.STICo.,Ltd.isasemiconductoranddisplayequipmentmanufacturerestablishedin1997,contributingtoimportsubstitutionthroughthelocalizationofcorecleaningandetchingequipmentsuchasCentralChemicalSupplySystem(CCSS)andWetSystem.ThecompanyhasalsocompletedthedevelopmentofinkjetequipmentandpurificationsystemsfortheOLEDbusiness,enteringthemassproductionphase,withinkjetequipmentcurrentlybeingdevelopedforpost-processlaminationinmobileandtabletPCs.Itsmainbusinessinvolvesmanufacturingandsellingsemiconductormanufacturingdevicesandequipment,withmajorrevenuegeneratedfromCCSSproductsales.Recently,thecompanyhassuccessfullydevelopedandsecuredordersforpowersemiconductorheatdissipationcomponentmanufacturingequipment,expandingitspresenceintheglobalmarket.
Key Products/TechnologiesKeyProducts/Technologies
**Central Chemical Supply System (CCSS)**: Automated equipment that supplies high-purity chemical materials to production equipment in semiconductor and display front-end fabs. It is an essential equipment installed first during semiconductor factory construction, featuring the industry's first application of ACQC (Auto Clean Quick Coupler) system for automated chemical supply and slurry chemical automation. This product accounted for 87.3% of total sales based on 2023 revenue.**CentralChemicalSupplySystem(CCSS)**:Automatedequipmentthatsupplieshigh-puritychemicalmaterialstoproductionequipmentinsemiconductoranddisplayfront-endfabs.Itisanessentialequipmentinstalledfirstduringsemiconductorfactoryconstruction,featuringtheindustry'sfirstapplicationofACQC(AutoCleanQuickCoupler)systemforautomatedchemicalsupplyandslurrychemicalautomation.Thisproductaccountedfor87.3%oftotalsalesbasedon2023revenue.
**Wet System**: A system comprising display cleaning, etching, and developing equipment. It plays a critical role in display manufacturing processes, with anticipated increased demand due to investments in 8th-generation OLED fabs in the Greater China region. This system accounted for 8.7% of total sales based on 2023 revenue.**WetSystem**:Asystemcomprisingdisplaycleaning,etching,anddevelopingequipment.Itplaysacriticalroleindisplaymanufacturingprocesses,withanticipatedincreaseddemandduetoinvestmentsin8th-generationOLEDfabsintheGreaterChinaregion.Thissystemaccountedfor8.7%oftotalsalesbasedon2023revenue.
**Inkjet Equipment**: Equipment developed for OLED front-end processes, now in the mass production stage. It is also under development for post-process lamination in mobile and tablet PCs and is utilized in industrial inkjet printers and 3D printers. The company has entered the next-generation OLED technology market with the shipment of Inkjet OCR (Optically Clear Resin) equipment.**InkjetEquipment**:EquipmentdevelopedforOLEDfront-endprocesses,nowinthemassproductionstage.Itisalsounderdevelopmentforpost-processlaminationinmobileandtabletPCsandisutilizedinindustrialinkjetprintersand3Dprinters.Thecompanyhasenteredthenext-generationOLEDtechnologymarketwiththeshipmentofInkjetOCR(OpticallyClearResin)equipment.
**Reflow**: Equipment used in the semiconductor flip-chip process for High Bandwidth Memory (HBM) to form bumps using heat. It is applied in SK Hynix's MR-MUF process from HBM2e and has been supplied to SK Hynix since HBM3. Significant growth in Reflow sales is expected in 2024 due to increased HBM capacity.**Reflow**:Equipmentusedinthesemiconductorflip-chipprocessforHighBandwidthMemory(HBM)toformbumpsusingheat.ItisappliedinSKHynix'sMR-MUFprocessfromHBM2eandhasbeensuppliedtoSKHynixsinceHBM3.SignificantgrowthinReflowsalesisexpectedin2024duetoincreasedHBMcapacity.
**Power Semiconductor Heat Dissipation Component Manufacturing Equipment**: Core equipment for manufacturing heat dissipation components essential for managing heat in power semiconductors operating in high-voltage and high-frequency environments. This technology, based on proprietary methods, simultaneously improves heat dissipation performance and manufacturing efficiency compared to existing methods. The company has entered the global market through a joint venture and a large-scale equipment purchase agreement with a major Chinese power semiconductor manufacturer.**PowerSemiconductorHeatDissipationComponentManufacturingEquipment**:Coreequipmentformanufacturingheatdissipationcomponentsessentialformanagingheatinpowersemiconductorsoperatinginhigh-voltageandhigh-frequencyenvironments.Thistechnology,basedonproprietarymethods,simultaneouslyimprovesheatdissipationperformanceandmanufacturingefficiencycomparedtoexistingmethods.Thecompanyhasenteredtheglobalmarketthroughajointventureandalarge-scaleequipmentpurchaseagreementwithamajorChinesepowersemiconductormanufacturer.
**Ceramic Interposer Technology**: Advanced technology under development through national R&D projects in response to changes in the HBM and packaging markets. This represents a new business portfolio aimed at becoming a comprehensive semiconductor material and equipment company covering both power and memory semiconductor components.**CeramicInterposerTechnology**:AdvancedtechnologyunderdevelopmentthroughnationalR&DprojectsinresponsetochangesintheHBMandpackagingmarkets.Thisrepresentsanewbusinessportfolioaimedatbecomingacomprehensivesemiconductormaterialandequipmentcompanycoveringbothpowerandmemorysemiconductorcomponents.
Core AdvantagesCoreAdvantages
**Localization of Core Equipment and Import Substitution**: Successful localization of core semiconductor and display equipment like CCSS and Wet System, leading to import substitution effects. This contributes to strengthening the competitiveness of the domestic semiconductor and display industries.**LocalizationofCoreEquipmentandImportSubstitution**:SuccessfullocalizationofcoresemiconductoranddisplayequipmentlikeCCSSandWetSystem,leadingtoimportsubstitutioneffects.Thiscontributestostrengtheningthecompetitivenessofthedomesticsemiconductoranddisplayindustries.
**Leading Technology Development and Diversified Business Portfolio**: Continuous development and expansion into new technologies and business areas, including OLED inkjet equipment, purification systems, lead-free vacuum reflow equipment, and securing orders for power semiconductor heat dissipation component manufacturing equipment. Particularly, securing future growth engines through the development of ceramic interposer technology in response to changes in the HBM and packaging markets.**LeadingTechnologyDevelopmentandDiversifiedBusinessPortfolio**:Continuousdevelopmentandexpansionintonewtechnologiesandbusinessareas,includingOLEDinkjetequipment,purificationsystems,lead-freevacuumreflowequipment,andsecuringordersforpowersemiconductorheatdissipationcomponentmanufacturingequipment.Particularly,securingfuturegrowthenginesthroughthedevelopmentofceramicinterposertechnologyinresponsetochangesintheHBMandpackagingmarkets.
**Strong Partnerships with Major Clients**: Reliable supply of CCSS and Wet System to leading domestic and international semiconductor and display manufacturers such as Samsung Electronics, SK Hynix, Micron, Intel, Samsung Display, and LG Display. This is a crucial competitive advantage for maintaining a stable revenue base and market share.**StrongPartnershipswithMajorClients**:ReliablesupplyofCCSSandWetSystemtoleadingdomesticandinternationalsemiconductoranddisplaymanufacturerssuchasSamsungElectronics,SKHynix,Micron,Intel,SamsungDisplay,andLGDisplay.Thisisacrucialcompetitiveadvantageformaintainingastablerevenuebaseandmarketshare.
**Global Market Expansion and Export Competitiveness**: Proven export capabilities with optical fiber equipment exports to overseas markets including China, and recent significant contracts with Chinese clients in the power semiconductor equipment sector, marking a full-scale entry into the global market. Demonstrated export prowess through awards such as the '100 Million Dollar Export Tower' (2018) and '5 Million Dollar Export Tower' (2013).**GlobalMarketExpansionandExportCompetitiveness**:ProvenexportcapabilitieswithopticalfiberequipmentexportstooverseasmarketsincludingChina,andrecentsignificantcontractswithChineseclientsinthepowersemiconductorequipmentsector,markingafull-scaleentryintotheglobalmarket.Demonstratedexportprowessthroughawardssuchasthe'100MillionDollarExportTower'(2018)and'5MillionDollarExportTower'(2013).
**Validation of Technology through Certifications and Awards**: Recognition of technological capabilities and corporate competence through numerous government and institutional certifications, including selection as a World Class 300 company, certification as an excellent human resource development institution, certification as an excellent corporate research institute by the Ministry of Science and ICT, and certification as a specialized material, component, and equipment company.**ValidationofTechnologythroughCertificationsandAwards**:Recognitionoftechnologicalcapabilitiesandcorporatecompetencethroughnumerousgovernmentandinstitutionalcertifications,includingselectionasaWorldClass300company,certificationasanexcellenthumanresourcedevelopmentinstitution,certificationasanexcellentcorporateresearchinstitutebytheMinistryofScienceandICT,andcertificationasaspecializedmaterial,component,andequipmentcompany.
**Proprietary Process Technology and Automation Capabilities**: Unique process technology demonstrated by the industry's first application of the ACQC (Auto Clean Quick Coupler) system to CCSS, developing automated chemical supply and slurry chemical automation systems. This contributes to enhancing production efficiency and quality competitiveness.**ProprietaryProcessTechnologyandAutomationCapabilities**:Uniqueprocesstechnologydemonstratedbytheindustry'sfirstapplicationoftheACQC(AutoCleanQuickCoupler)systemtoCCSS,developingautomatedchemicalsupplyandslurrychemicalautomationsystems.Thiscontributestoenhancingproductionefficiencyandqualitycompetitiveness.
Target IndustrieTargetIndustrie
Semiconductor Industry: Supply of CCSS and Reflow equipment essential for semiconductor front-end and back-end processes.SemiconductorIndustry:SupplyofCCSSandReflowequipmentessentialforsemiconductorfront-endandback-endprocesses.
Display Industry: Supply of Wet System and inkjet equipment necessary for display panel manufacturing.DisplayIndustry:SupplyofWetSystemandinkjetequipmentnecessaryfordisplaypanelmanufacturing.
OLED Industry: Application of inkjet equipment and purification systems for OLED front-end processes, and Inkjet OCR equipment.OLEDIndustry:ApplicationofinkjetequipmentandpurificationsystemsforOLEDfront-endprocesses,andInkjetOCRequipment.
Power Semiconductor Industry: Supply of manufacturing equipment for power semiconductor heat dissipation components.PowerSemiconductorIndustry:Supplyofmanufacturingequipmentforpowersemiconductorheatdissipationcomponents.
Optical Communication Equipment Industry: Supply of optical fiber preform equipment and optical fiber equipment.OpticalCommunicationEquipmentIndustry:Supplyofopticalfiberpreformequipmentandopticalfiberequipment.
Major MarketsMajorMarkets
China, IndiaChina,India
Certifications/PatentsCertifications/Patents
**Certifications**: Selected as a World Class 300 company, Certified as an excellent human resource development institution (2020), Certified as an excellent corporate research institute by the Ministry of Science and ICT (2019), Received a commendation from the Minister of Economy and Finance for exemplary taxpayers on the 53rd Taxpayer's Day (2019), Received the CEO Award for Labor-Management Cooperation from the Minister of Employment and Labor (2019), Designated as a Daegu Star Company 100 (2018), Selected as a KDB Global Challengers 200 company (2018), Awarded Presidential Commendation (2015), Designated as a Gyeongbuk PRIDE Product (2015), Designated as a Promising Export Small and Medium Business (2015), Designated as a Root Technology Specialized Company (2014), Venture Company Confirmation (2014), Parts and Materials Specialized Company Confirmation (2014), Participation in Global Strong Small and Medium Business Nurturing Project (2014), ISO9001/KS9001 Certification (2001), Confirmation as a Specialized Material, Component, and Equipment Company (2023), Confirmation as a Shared Growth Company (2023), Confirmation as a Management Innovation Small and Medium Business (MAIN-BIZ), Recognition of R&D Department.**Certifications**:SelectedasaWorldClass300company,Certifiedasanexcellenthumanresourcedevelopmentinstitution(2020),CertifiedasanexcellentcorporateresearchinstitutebytheMinistryofScienceandICT(2019),ReceivedacommendationfromtheMinisterofEconomyandFinanceforexemplarytaxpayersonthe53rdTaxpayer'sDay(2019),ReceivedtheCEOAwardforLabor-ManagementCooperationfromtheMinisterofEmploymentandLabor(2019),DesignatedasaDaeguStarCompany100(2018),SelectedasaKDBGlobalChallengers200company(2018),AwardedPresidentialCommendation(2015),DesignatedasaGyeongbukPRIDEProduct(2015),DesignatedasaPromisingExportSmallandMediumBusiness(2015),DesignatedasaRootTechnologySpecializedCompany(2014),VentureCompanyConfirmation(2014),PartsandMaterialsSpecializedCompanyConfirmation(2014),ParticipationinGlobalStrongSmallandMediumBusinessNurturingProject(2014),ISO9001/KS9001Certification(2001),ConfirmationasaSpecializedMaterial,Component,andEquipmentCompany(2023),ConfirmationasaSharedGrowthCompany(2023),ConfirmationasaManagementInnovationSmallandMediumBusiness(MAIN-BIZ),RecognitionofR&DDepartment.
**Patents**: Patent registration for solid oxide fuel cell housing (2013), Patent registration for animal carcass treatment method and apparatus by alkaline hydrolysis (2013), Acquired patent for chunk drying apparatus using hot air (2014), Acquired patent for flat panel display glass processing apparatus using magnets (2010), Acquired patent for Gantry-type XY stage (2007, applied to FPD inkjet printing equipment), Acquired patent for inkjet patterning method for liquid crystal display color filters (2007).**Patents**:Patentregistrationforsolidoxidefuelcellhousing(2013),Patentregistrationforanimalcarcasstreatmentmethodandapparatusbyalkalinehydrolysis(2013),Acquiredpatentforchunkdryingapparatususinghotair(2014),Acquiredpatentforflatpaneldisplayglassprocessingapparatususingmagnets(2010),AcquiredpatentforGantry-typeXYstage(2007,appliedtoFPDinkjetprintingequipment),Acquiredpatentforinkjetpatterningmethodforliquidcrystaldisplaycolorfilters(2007).
Introduction
Location
Bonggi-gil, Gongdo-eup, Anseong-si, Gyeonggi-do, South Korea
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Information
Bonggi-gil, Gongdo-eup, Anseong-si, Gyeonggi-do, South Korea