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Samsung Electro-Mechanics signed a definitive agreement to establish a joint venture with Dongwoo Fine-Chem (Sumitomo Chemical Group subsidiary) to manufacture glass cores for semiconductor glass substrates. Samsung will hold 66.2% and invest 319.1 billion won. The JV will be based at Dongwoo's plant in Pyeongtaek and begin operations in H2 2027.
“Samsung Electro-Mechanics has signed a definitive agreement with Dongwoo Fine-Chem... to establish a joint venture for glass substrate materials.”thelec.net
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