Jusung Engineering is accelerating efforts to secure an upper hand in the next-generation semiconductor market by making the most of a new technology replacing silicon.
The company has a strategy to proactively supply to the market equipment that is capable of dramatically raising the performance of semiconductors by using the III-V compound instead of silicon.
Jusung Engineering aims to establish a system of mass producing and supplying new equipment in cooperation with semiconductor foundry companies this year.
In a recent interview with the Electronics Times, Chmn. Hwang Chul-joo said, “Jusung Engineering will secure an upper hand in the emerging market by supplying R&D the next-generation atomic layer growth (ALG) technology, allowing a semiconductor processes using the III-V compound, such as gallium nitride (GaN), gallium arsenide (GaAS), and indium phosphorus (InP) this year, and we are going to secure a capability to mass produce it next year.”
The deposition process covers atomic unit materials, while the ALG process is a method of growing small crystals.
The ALG growth process has advantages, such as production at 400 degrees, which is lower than the conventional 1,000-degree temperature, and the realizing of microcircuits without expensive extreme ultraviolet exposure equipment.
Chmn. Hwang predicted that the new ALG equipment technology will be applied to the system semiconductor sector on a preferred basis.
A whole view of Jusung Engineering’s next-generation semiconductor R&D zone.
Advanced system semiconductors are required to realize more ultrafine technology demand than memories, and it is the reason Jusung Engineering promotes cooperation with global foundry companies, he said.
Chmn. Hwang said the ALG technology can be applied not only to the semiconductor sector, but also to the display, photovoltaic power battery and chip glass substrate segments, so it will have greater spillover effects.
The unprecedented innovation ALG technology will take time to make a soft landing to the market, but Chmn. Hwang expressed confidence, saying that what matters is to secure hegemony in the emerging sector.
In 1988, Jusung Engineering became the world’s first company to develop the ALG equipment.
Achieving outcomes in the Chinese semiconductor market of late is owed to Jusung Engineering’s efforts to make inroads into the emerging market, he said.
Jusung Engineering boasts some of the world’s “firsts”, including the warm-wall type, UHV-CVD, SD-CVD, local space plasma tech, SDP-CVD, TSD-ALD, TSD-CVD and TSD-etcher, as well as Korea’s firsts — dry etcher & asher and PE-CVD on top of only ones — solar total solution and OLED lighting total solution.
Jusung Engineering Logs 99.3B Won in Operating Profit in 2024
Jusung Engineering saw 2024 operating profit more than double over the previous year.
Jusung Engineering, specializing in semiconductor, photovoltaic power and display equipment, has made a splash in the ALG equipment segment.
In a public electronics notice issued on Feb. 3, Jusung Engineering posted 409.3 billion won in accumulative sales in 2024, a 43.8 percent jump over 284.7 billion won in the previous year.
The company chalked up 93.3 billion won in operating profit in 2024, a 222.6 percent jump over 28.9 billion won in the previous year.
Jusung Engineering held a general meeting of shareholders on March 31 and decided to award cash dividends worth 13.1 billion won - or 287 won per share.
Lee Woo-kyung, vice chairman in charge of business at Jusung Engineering, and President Hwang Eun-seok of the Future Strategy Office each have been appointed a new member of the board of directors.
Vice Chmn. Lee worked at Hyundai Electronics, Materials Research, SK Hynix, Novellous Systems Korea and ASML Korea before he was moved to Jusung Engineering last year.
Jusung Engineering Chmn. Hwang Chul-joo has been reelected as a director of the board.
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