SKC to Pursue Sale of SK Enpulse Fine Ceramics Division

SKC is planning to sell the fine ceramics division of its semiconductor materials and components subsidiary, SK Enpulse.

According to industry sources on the 10th, SKC has decided to sell the fine ceramics business, which is the core operation of its subsidiary SK Enpulse, and recently signed a memorandum of understanding with the private equity firm Hahn & Company. The sale is reported to be valued at 400 billion KRW.

This move is interpreted as part of SKC's business restructuring process. SKC is accelerating its business reorganization to focus on semiconductor, secondary battery, and eco-friendly materials sectors.

The fine ceramics division of SK Enpulse manufactures consumable parts such as silicon, quartz, and alumina used in semiconductor etching processes. Although it is a key division accounting for 70% of the company's total sales, it has been evaluated as somewhat distant from the new business directions SKC is pursuing.

Once the sale is completed, SK Enpulse is expected to concentrate its capabilities on high value-added semiconductor material new businesses such as CMP pads and blank masks.

Regarding the sale rumors, SKC announced on the same day, "SK Enpulse has signed a non-binding memorandum of understanding with Hahn & Company to strengthen business competitiveness," adding, "Various options including the sale of the fine ceramics business are under review, but nothing has been specifically decided yet."

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