Dow Launches Global R&D Center for Electronic Materials
- Dow Seoul Technology Center open in Hwaseong, Gyeonggi-do
- More than 300 researchers at full capacity and cutting-edge research facilities in display, semiconductor and related technology sectors
- Dow has invested more than USD$400 million in Korea for electronic materials in last decade
SEOUL, South Korea--(BUSINESS WIRE)--The Dow Chemical Company (NYSE: DOW) today announced the inauguration of its Dow Seoul Technology Center, a global Research & Development (R&D) center with focus on technological advances in display technologies and semiconductor-related applications.
The Dow Seoul Technology Center is located in Hwaseong, Gyeonggi-do, a strategic and important location to serve semiconductor and display customers. The site is expected to employ approximately 300 people at capacity in a five-story building that spans total floor area of more than 23,700 square meters.
With the addition of the new R&D Center, Dow has invested more than USD$400 million in Korea over the last decade to establish advanced manufacturing sites for semiconductor, display and LED technologies, and to further new business development in the area of electronic materials.
“This investment makes sense. Dow provides best-in-class technologies to enable faster, smaller and more powerful electronics and Korea is a global leader in the electronics market. With our new R&D center, we can deliver even more solutions for the fast-growing electronics industry – better serving our customers in Korea, but worldwide as well,” said Jerome A. Peribere, executive vice president of The Dow Chemical Company and president and chief executive officer of the Dow Advanced Materials Division.
Major areas of research and development at the Dow Seoul Technology Center include lithography, organic light-emitting diodes (OLED), display materials, and advanced chip packaging to support growth. The site will be the global hub for Dow’s OLED research, and Dow has also equipped the site with a Nikon 193 nm immersion scanner and 300 mm tool cluster, which makes Dow Electronic Materials the only photoresist supplier in the world with a 193i application and development facility in Korea. Dow also has a 193nm dry scanner at its Cheonan, Korea facility and the combination of these investments enable Dow to significantly shorten both product development cycle times and manufacturing lead times to meet customers’ more advanced requirements.
“Dow now has the full spectrum of capabilities from sales to production to R&D,” said Dominic Yang, group vice president of Dow Electronic Materials and country general manager of Dow Chemical Korea. “We are pleased that we can further pave the way for closer cooperation among Dow experts, customers and development partners.”
About Dow
Dow (NYSE:DOW) combines the power of science and technology to passionately innovate what is essential to human progress. The Company connects chemistry and innovation with the principles of sustainability to help address many of the world's most challenging problems such as the need for clean water, renewable energy generation and conservation, and increasing agricultural productivity. Dow's diversified industry-leading portfolio of specialty chemical, advanced materials, agrosciences and plastics businesses delivers a broad range of technology-based products and solutions to customers in approximately 160 countries and in high growth sectors such as electronics, water, energy, coatings and agriculture. In 2011, Dow had annual sales of $60 billion and employed approximately 52,000 people worldwide. The Company's more than 5,000 products are manufactured at 197 sites in 36 countries across the globe. References to "Dow" or the "Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted. More information about Dow can be found at www.dow.com.
About Dow Electronic Materials
Dow Electronic Materials, a global supplier of materials and technologies to the electronics industry, brings innovative leadership to the semiconductor, interconnect, finishing, photovoltaic, display, LED and optics markets. From advanced technology centers worldwide, teams of talented Dow research scientists and application experts work closely with customers, providing solutions, products and technical service necessary for next-generation electronics. These partnerships energize Dow's power to invent. Its key end-use applications include a broad range of consumer electronics from personal computers, to television monitors, smart phones, tablets, global positioning systems, automobile safety systems, and avionics.
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