SKC

NEWS

SKC develops core material for Near Field Communication
2012-05-03
Aims to sell 300 million units, achieve 100 billion won in sales per year to take up 25% share of global market by 2015

Ÿ Introduces world’s thinnest product, aims to spearhead market through speedy development of new technology





SKC (President Park Jang-seok) said it had recently succeeded in the development of the ferrite sheet, a core material for Near Field Communication in a radius of less than 10 centimeters, and plans to mass produce the product by installing a production plant in Cheonan, North Chungcheong Province.



The newly developed ferrite sheet is a type of ceramic material that is installed in Near Field Communication (NFC)-enabled devices, including mobile phones, to offer stable communication.



To produce 300 million units, achieve 100 billion won in sales to take up 25% share of global market by 2015



In explaining the significance of the new product, President Park Jang-seok said, “The new ferrite sheet is the first product using ceramic, and we have d a new business opportunity in a short time through the integration of conventional film technology with inorganic materials technology.” He added, “By making aggressive investments, we aim to produce 300 million units per year and achieve 100 billion won in annual sales to take up 25 percent share of the global market by 2015. The outlook of ferrite sheet demand is very promising because the introduction of electronic devices equipped with ferrite sheets, including mobile phones, has been expanding at a robust pace in recent years.



Develops thinnest product in the world



SKC succeeded in developing a product that is rated among the best in the world, after only one-year’s worth of research, by integrating its film technology with its over 35 years of experience in inorganic material technology. Notably, SKC’s product has been cut in thickness by more than 10 percent compared with its rivals’ products, making it the thinnest in the world, and cost competitiveness has been secured in proportion to this reduction in thickness. Indeed, the demand for thinner and lighter materials has been soaring in tune with the trend wherein electronic devices are becoming lighter and more highly integrated. As such, SKC’s product is expected to fast replace imports in Korea.



Starts development of polymer type technology following sintering method



The ferrite sheets developed by SKC are produced through the sintering method. SKC is now paying attention to polymer-_ base_d production, a method that is more efficient and economical than the sintering technique. To this end, the company has commenced a project to develop the related technology in order to commercialize related products as early as possible and spearhead the market.



Currently, the ferrite sheet market is monopolized by Japanese products. With the domestic development and production of ferrite sheets, SKC now plans to contribute to boosting the competitiveness of Korean companies, and fast respond to the needs of its customers through continuous development of new technologies, so as to provide not only quality products but also ‘total solutions.’