Industry
Samsung Electro-Mechanics to set up glass substrate JV with Japan\'s Sumitomo
Samsung Electro-Mechanics is moving to secure an early foothold in the glass substrate market for next-generation semiconductor packaging materials. The company said it signed a definitive agreement on July 2 to establish a joint venture with Dongwoo Fine-Chem, a wholly owned unit of Japan\'s Sumitomo Chemical Group, to produce the core glass substrate material known as glass core. The new venture, named GlaSSEM, will be based in Pyeongtaek, South Korea.
