Solus Advanced Materials Expands Copper Foil Plant in Luxembourg to Meet Soaring 5G Demand
Solus Advanced Materials Europe Corporation CFL exterior view (Photo by Solus Advanced Materials)
View original image[Asia Economy Reporter Jeong Hyunjin] Solus Advanced Materials announced on the 3rd that it will expand its copper foil production facility in Luxembourg, Europe, by 3,000 tons to respond to the surge in 5G demand. Once completed by the end of this year, CFL will have an annual production capacity of 15,000 tons, including the currently operating 12,000-ton facility.
As the world's number one company in the high-end copper foil market for 5G, Solus Advanced Materials plans to proactively respond to the surge in 5G demand through this CFL expansion and further solidify its global market dominance. Solus Advanced Materials holds about a 70% market share.
Solus Advanced Materials explained that high-end copper foil for 5G is used as a basic material in future ICT industries, with low-loss copper foil minimizing transmission signal loss applied to 5G data centers and satellite communications, and high-frequency copper foil used in drones and advanced driver assistance systems (ADAS), a core technology for autonomous driving.
CFL is the only high-end copper foil production base in Europe, possessing a high value-added product portfolio and supply chain ranging from high-end copper foil applied to 5G, semiconductors, and smart chips to special copper foil for aerospace, based on over 60 years of accumulated core copper foil manufacturing technology.
Fabien Bozet, Head of the Copper Foil Business Division, said, "We are swiftly increasing production capacity to timely meet customer orders in line with global 5G demand," adding, "Based on CFL's drum design and manufacturing technology and customer-tailored surface treatment know-how, we will continue to achieve sustainable growth in the high-end copper foil market."
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Solus Advanced Materials plans to expand its annual production capacity to a total of 105,000 tons by 2025, combining 90,000 tons of battery foil and 15,000 tons of copper foil through the expansion.
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