STI Establishes Local Corporation in Texas, USA... "Strengthening Sales in the Americas"

[Asia Economy Reporter Hyunseok Yoo] STI, a semiconductor and display equipment specialist company, announced on the 26th that it will establish a local subsidiary in the United States.

The official corporation name will be STI AD USA Inc., and the planned location is Texas, USA.

The establishment of the US subsidiary aims to expand global sales of semiconductor equipment, strengthen sales capabilities in the Americas, and provide active technical support to major global customers.

Regarding the establishment of the US subsidiary, an STI official stated, "In response to the recent global semiconductor supply shortage, not only global companies making active investments but also governments of various countries recognize the importance of semiconductors and are actively implementing national-level support policies. In line with this market situation, our company has decided to establish a US subsidiary."

The official emphasized, "The main purpose of the establishment is to provide technical support to customers for C.C.S.S., which serves as a cash cow for performance, and various equipment, as well as to strengthen sales capabilities in the Americas. Through this subsidiary establishment, we aim to lay the foundation for a quantum leap by targeting the global market, including existing markets in China, Singapore, and Vietnam."