Visiting Kyu Soo-eun, President of Su-eun Bank, Engages in On-site Communication with Semiconductor Materials and Components Companies

Visit to Semiconductor Materials and Components Manufacturer 'DS Techno'
Bank President Bang: "We Will Provide Timely Funding to Foster the Semiconductor Industry, a National Strategic Sector"

Soo-eun Bang, President of KDB Bank (left in the photo), visited DS Techno, a semiconductor materials company located in Icheon, Gyeonggi Province, on the afternoon of the 14th to strengthen financial support and communication for the semiconductor industry, a national strategic industry. On the right in the photo is Yeon-woong Jeong, Head of DS Techno. Photo by Bang.

[Asia Economy Reporter Park Sun-mi] Bang Moon-kyu, President of the Korea Eximbank, visited a semiconductor materials company located in Icheon, Gyeonggi Province to strengthen financial support and communication for the semiconductor industry, a national strategic industry.

On the 15th, Eximbank announced that President Bang visited DS Techno, a specialized manufacturer of semiconductor specialty material parts located in Icheon, Gyeonggi Province, the previous afternoon. In January, Eximbank agreed with SK Hynix and the Korea Development Bank to establish a 100 billion KRW semiconductor-dedicated materials, parts, and equipment fund to foster small and medium-sized enterprises and mid-sized companies related to the semiconductor industry, and is strengthening on-site communication.

DS Techno is a small and medium-sized enterprise that manufactures consumable parts used in the production of advanced semiconductor devices, specializing in processing and handling special materials such as silicon carbide, quartz, and silicon. The company processes silicon carbide, a high-strength, high-purity material manufactured by chemical vapor deposition (CVD), producing rings that fix wafers inside etching equipment to prevent shaking.

At the meeting, CEO Ahn Hak-jun of DS Techno said, “With the global increase in semiconductor production, demand for silicon carbide products, a high-strength and high-purity material, is expected to rise domestically and internationally to reduce production costs and improve productivity by extending the replacement cycle of consumable parts.” He added, “To strengthen product competitiveness and expand production capacity, continuous technological development and facility investment are necessary, and active financial support from Eximbank is essential.”

In response, President Bang said, “To foster the semiconductor industry, a national strategic industry, Eximbank will do its best to ensure that companies receive timely and smooth support for funds needed for research and development (R&D), facility investment, and operating funds required for exports.”