Japan's Albak to Complete Technology Center in Pyeongtaek on 24th with 133 Billion Won Investment

Japan's ULVAC Co., Ltd., renowned for having the world's leading technology in the semiconductor vacuum equipment sector, established a Technology Center in Pyeongtaek, Gyeonggi Province, and held a completion ceremony on the 24th.

Japan's ULVAC Inc., boasting the world's top technology in the semiconductor vacuum equipment field, has established a Technology Center in Pyeongtaek, Gyeonggi Province.

Gyeonggi Province announced on the 25th that ULVAC Inc. completed the construction of a Technology Center for semiconductor manufacturing equipment technology development on the 24th at the foreign-invested company exclusive rental complex in Oyeonhansan, Cheongbuk-eup, Pyeongtaek-si, Gyeonggi Province.

The ULVAC Technology Center in Pyeongtaek is the result of Governor Kim Dong-yeon's visit to the Japanese headquarters in April last year. At that time, Setsuo Iwashita (岩下節生), CEO of ULVAC Inc., expressed his intention to invest 133 billion KRW to establish a Technology Center in Pyeongtaek to Governor Kim Dong-yeon.

Kim Seong-jung, the First Deputy Governor of Gyeonggi Province, attended the completion ceremony held that day and said, "The long-standing trust and cooperation between Gyeonggi Province and ULVAC Inc. have led to today's completion ceremony," adding, "We hope that many talented individuals will collaborate and conduct research here to create world-class technology. Gyeonggi Province will spare no administrative support to become a platform where talents can realize their dreams."

CEO Iwashita explained, "Based on trust in Gyeonggi Province, we have established ULVAC Group's first specialized Technology Center for semiconductor manufacturing equipment in Pyeongtaek, Gyeonggi Province."

ULVAC's Technology Center aims to accelerate product and technology development by having a base close to its customers while focusing on collaboration and technical support with customers.

Founded in 1952, ULVAC Group is a company that produces high-quality semiconductor equipment based on world-class vacuum technology. Korea ULVAC, established in 1995, has invested a total of 110 million USD in Gyeonggi Province since 2000, including seven equipment manufacturing sites in Pyeongtaek and Paju, and equipment design (Bundang Technology Development Center).

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