In an era of cutthroat global competition, no one can survive unless he is top rate. This is all the truer when it comes to state-of-the-art industries such as LCD and IT, where only top-class things, be it by quality, cost or speedy delivery, can survive the fierce competition. What is the most important is technology.
"Dongwoo Fine-Chem has secured technological competitiveness, giving priority to technology," said Moon Hee-chul, president of Dongwoo Fine-Chem, a leader of the IT materials industry and a maker of high-purity chemicals for semiconductors. The company has grown Korea's only "Total Solution" company in the LCD sector whose annual sales amount to W1.9 trillion (US$1.63 billion). "Based on this achievement, Dongwoo is preparing for a fresh leap forward to become a top partner for customers in the field of environment, energy and materials, in addition to the LCD sector. Moon also said, "Dongwoo is ultimately ready to emerge as a leader in all three sectors -- electronics, energy and environment."
Dongwoo is the first Korean company to produce high-purity chemical, etchant, color resist, photo resist required in manufacturing semiconductors and TFT-LCD. All IT materials had been imported until the company developed and localized its IT materials. Also, the continuous effort to expand the business earned KOLOS recognition in TFT-LCD material and made a great contribution to the development of the Korean display industry.
Dongwoo's manufacturing technology and quality for color filters is one of the world's best. Its Spinless Coating technology and column spacer installation is unparalleled in the industry.
Also, the company produces 1.85m wide polarizing film with their innovative stretching technology offering a dyed series, high-contrast iodine series, and general-purpose iodine series. Based on new technology in polymerization, polymer processing, and dyeing, more advanced polarizing film is under development by Dongwoo.
Moon added, "Dongwoo Fine-Chem is continuously expanding investment in technological innovations to enhance its competitiveness." The company is concentrating resources and efforts on this by using 270 research staff and spending R&D funds amounting to five percent of its total sales. It is also giving unstinting support to the research and development of technology for display materials, such as OLED and white LED, and of functional materials for environment and energy, including solar power generators and fuel cells.