Hanwha Precision Machinery acquires the front-end semiconductor equipment business from Hanwha
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Hanwha Precision Machinery, a specialized subsidiary of Hanwha in manufacturing solution, officially announced its acquisition of the front-end semiconductor equipment business from Hanwha Corporation/Momentum. The acquisition includes the R&D, manufacturing facility and human resources - which will complete Hanwha Precision Machinery’s semiconductor business portfolio with both front and back-end equipment technology and capability.
Hanwha Precision Machinery has been a leading Korean manufacturing solution provider in high-end equipment for over 35 years. HPM covers a wide range of business from IT products, vehicle, solar energy and medical supplies. For a semiconductor equipment market, Hanwha Precision Machinery is already in business at the back-end process since 2016. Utilizing its world-class ‘pick and place’ technology from the mounting business, HPM enhanced and developed Die Bonder and Flip-Chip Bonder for semiconductor process. Both are in the market servicing major semiconductor makers in Korea.
The newly acquired front-end semiconductor business is on the deposition process – one of the major 8 production process in semiconductor. It includes ALD (Atomic Layer Deposition) and CVD (Chemical Vapor Deposition), which require a high level of precision and accuracy. HPM is embarking its journey to become a total solution provider for the advanced semiconductor equipment creator with this acquisition – completing both front and back-end process in its portfolio.
Hanwha Precision Machinery’s new CEO, Sung Soo Lee, announced the acquisition via the new year’s town hall meeting today. CEO commented, “we will move forward with the new business model as an advanced manufacturing creator, expanding our business in semiconductor with our skill and know-how from our SMT and CNC business”. HPM is planning to showcase the new semiconductor business at the SEMICON Taiwan in September.
Hanwha Precision Machinery has been a leading manufacturing equipment and software solution maker in Korea since 1989. Its headquarter office is collocated with R&D center in silicon valley of Korea – Pangyo. Manufacturing facilities are located in Changewon – near the second biggest city in Korea, Busan.