Group (EVG), a leading supplier of wafer-bonding and
lithography equipment for the advanced semiconductor and packaging,
MEMS, silicon-on-insulator (SOI) and emerging nanotechnology markets,
today announced that it will open a new subsidiary in Seoul,
Korea. The new subsidiary will serve as a direct-to-customer
site for sales, service and support efforts for EVG's existing and
potential new customer base. Until now, EVG's presence in
Korea was via both its distribution and R&D partners.
This move is set to place EVG on the ground to meet the growing demands
for the company's technologies around the clock or 24/7.
Commenting on today's announcement, Hermann Waltl, EVG's
senior vice president of sales, noted, "We are highly committed to
establishing and sustaining partnerships with our customers.
The opening of our own subsidiary in Korea affords us a great
opportunity to continue delivering on that commitment in this
burgeoning market for EVG. The growth we've seen in our
customer base thus far, coupled with the market potential, makes this
move a clear and natural progression for us. Moreover, as
Korea continues to increase its technological development efforts to
aggressively compete in the global semiconductor and MEMS arenas, the
region is a hotbed for adoption of the latest enabling manufacturing
technologies. This creates significant market potential for
EVG, particularly in areas such as 3D stacking, advanced chip-to-wafer
integration, as well as wafer-to-wafer bonding. So,
naturally, the opportunities and benefits of establishing ground
operations here are manifold."
Independent of EVG's efforts within this region, the company
has had an active role in Korea for the last decade.
Specifically, EVG has collaborated with Jinsan Scientific Co. Ltd. and
Jinsan Micro-engineering Ltd. to open a cleanroom facility, known as
JML lab. This facility is designed to capture R&D
efforts for MEMS, advanced packaging and nanoimprint lithography
applications, as well as serve as a demonstration center for EVG's
Korean customer base. In addition, the company is in close
partnership with the BioIT National Foundry Center, which was
established by Korea's Ministry of Commerce, Industry and
Energy. The Center is based at Seoul National University
(SNU) -- one of the three national universities focused on transforming
local industries into high-value-added industries of the future. The
Center at SNU is specifically dedicated to research and development
surrounding biotechnology, including lab-on-a-chip.
EVG's new Korean subsidiary will house myriad functions,
including sales, service, process/application and administrative