Jeong Jang-seon, Mayor of Pyeongtaek, Visits Costec System... "Focusing on Intensive Development of Semiconductor Materials, Parts, and Equipment"

"Active Support for R&D Projects and Practical Workforce Training"

Jung Jang-seon, Mayor of Pyeongtaek City, Gyeonggi Province, visited Kostec System Co., Ltd., a semiconductor packaging equipment manufacturing company, on the 13th to tour major research and manufacturing facilities and discuss ways to foster and support the semiconductor industry in the region.

A representative of Kostec System, a semiconductor equipment company, is explaining the company's status to Jeong Jang-seon, the mayor of Pyeongtaek, and his entourage during their visit. Photo by Pyeongtaek City

The mayor's visit aims to devise support measures for the struggling semiconductor industry and is the second event this year involving semiconductor companies in the area, following the visit to Samsung Electronics Pyeongtaek Campus on the 6th.

Kostec System, located in Seotan-myeon, Pyeongtaek, develops bonding and debonding equipment for next-generation semiconductor High Bandwidth Memory (HBM) manufacturing and transfer equipment for displays. The company localized packaging equipment, which had previously relied on foreign companies, and recorded sales of 26.8 billion KRW last year.

On this day, Kostec System requested active assistance from local governments for securing high-quality research personnel amid rapid changes and for corporate operations. In response, Mayor Jung said, "Semiconductor equipment development companies like Kostec System are a significant asset to Pyeongtaek's economy," adding, "We will actively promote support for research and development (R&D) projects and practical workforce training programs to help small and medium-sized materials, parts, and equipment companies succeed."

Mayor Jung also emphasized, "We will do our best to create a business-friendly environment, including hosting semiconductor conferences where major semiconductor companies and institutions can network."

Earlier, Pyeongtaek City established a 'Five-Year Comprehensive Semiconductor Industry Promotion Plan' last year to foster a Pyeongtaek-style semiconductor industry ecosystem. This plan includes comprehensive semiconductor industry development through specific projects such as creating a testbed for major semiconductor processes, forming a demand-supply company council, and establishing a cooperative system with semiconductor educational institutions.

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