PLIEZHAUSEN, Germany--Steag MicroTech GmbH here today announced plans to set up a joint venture with Seoul-based K.C. Technology Co. Ltd. to supply and support advanced wet-wafer processing systems in South Korea.
Headquartered at K.C. Tech's new cleanroom facility in Anseong, the new venture will manufacture, install, and service a number of Steag MicroTech wet processing systems for the Korean chip industry. Under the agreement, Steag will eventually hold a 51% stake in the joint venture.
The growing demand for advanced wet processing systems in Korea has made it necessary to have a local presence in the country, said Michael Fink, managing director for Steag MicroTech. "Demand for these systems has outpaced our supply capability," he added.
"By combining our core competencies in wet processing technology with K.C. Tech's manufacturing expertise, we expect to significantly increase our market share in this key area through a portfolio of high quality products backed by timely, local service and support," Fink stated. Thirteen-year-old K.C. Tech produces gas supply systems and standard wet-wafer processing products for Korean chip makers.
The joint venture will produce and support Steag MicroTech's new high-throughput, single-bath double tank tool (DTT), which is designed for critical cleaning steps, such as those used in pre-gate oxidation and pre-furnace/RTP processing. The formation of the new venture is expected to be completed in