The current market of semiconductors and LCDs is quite prosperous and popular worldwide. However, these products can't be made without a specific material known as Nitron Fluorine 3 (NF3). Due to the boom of semiconductors and LCDs, NF3 supplying companies are flourishing as well.
Sodiff Co., Hyosung Co., and Foosung Co., are Korea's leading NF3 suppliers. Through their supply of NF3, they help match the necessary material needed to create LCDs and semiconductors.
Mitsui Co. is a Japanese company that manufactures NF3. However, they recently had an accidental fire in their factory which destroyed some of their equipment. When that happened, it impacted the country's semiconductor and LCD industry and profits were pressed.
The current global situation of semiconductors and LCD are in rising demand, but Japan's Mitsui Co.'s fire accident caused them to slow down on their production. Due to this demand, Korea's NF3 suppliers are making plans to drastically increase production.
One of Korea's top NF3 manufacturing company is Sodiff Co., which produces a scale of 2,500 tons of NF3. By 2011, they plan to produce another 3,000 tons of NF3 which will make a total amount of 5500 tons of NF3 produced. Other NF3 production companies are also stocking up materials needed to mass produce NF3.
A person interested in this topic stated, "The quarterly payment cost of NF3 is normally about 40 US dollars per kilogram and it seems that it will continue to be at that position. Even though businesses are enlarging production and increasing price and production capacity, it seems the price won't be raised. Even the current supply and demand situation won't change the prices of NF3."
