Jungjingong Holds On-Site Meeting with Semiconductor Materials and Parts Companies in Gyeonggi

Chairman Kim Hak-do to Visit Juseong Engineering R&D Center on the 23rd

On the afternoon of the 23rd, participants including Chairman Kim Hak-do (seventh from the left) are taking a commemorative photo at the semiconductor sector field meeting held in Gyeonggi.

[Asia Economy Reporter Kim Cheol-hyun] The Small and Medium Business Corporation (Chairman Kim Hak-do, hereinafter referred to as SBC) announced on the 23rd that it held a meeting with local semiconductor materials, parts, and equipment (SoBuJang) companies at Juseong Engineering's (CEO Hwang Cheol-ju) R&D center located in Yongin, Gyeonggi Province.

The on-site meeting was organized to proactively identify the field difficulties faced by SMEs in related sectors amid the increasing volatility of the global semiconductor supply chain due to the US-China trade dispute, and to seek effective support measures.

The meeting was attended by Kim Hak-do, Chairman of SBC, Hwang Cheol-ju, CEO of Juseong Engineering, and 11 semiconductor SoBuJang companies including Juseong Engineering’s partner firms. Participants shared opinions on global issues such as ▲strategies to respond to supply chain volatility ▲localization plans for core technologies ▲carbon neutrality and ESG (Environmental, Social, and Governance) management.

Park Jeong-min, CEO of High World Tech, a semiconductor display equipment control SoBuJang company, said, "With the expansion of investment in semiconductor SoBuJang and post-processing fields as well as system semiconductors, timely policy support is necessary to keep pace with private sector facility investments. Various support projects are being promoted by government agencies, and if these projects are linked and supported together, the effect will be even greater."

Chairman Kim Hak-do emphasized, "To secure K-semiconductor global competitiveness, it is important to enhance the innovation capabilities of the semiconductor-related industrial ecosystem, including materials, parts, and equipment." He added, "Last year, SBC formed a support council for semiconductor SMEs in Gyeonggi Province with 10 institutions and provided policy funds and linked support amounting to 21.3 billion KRW to 91 companies."

Chairman Kim continued, "SBC will focus on supporting the commercialization of development technologies for core technology localization, digital transformation and structural innovation of sites, workforce, and businesses, stable procurement of raw materials, and the spread of carbon neutrality and ESG management to strengthen innovation capabilities."

This content was produced with the assistance of AI translation services.