Perspective of Jusung Engineering's 2nd Research Institute in Yongin./Courtesy of Jusung Engineering

Jusung Engineering, a corporation specializing in semiconductors, solar energy, and display equipment, will establish a research center in Yongin, Gyeonggi Province, with an investment of over 1 billion won.

According to the electronic disclosure system on the 9th, Jusung Engineering announced it will invest 1.048 billion won to establish a second research center next to the Jusung R&D Center in Giheung District, Yongin, by June 2028. The second research center is expected to be built with three underground and four above-ground floors, with a total floor area of approximately 20,000 square meters. This investment amount corresponds to 18.5% of its equity capital (approximately 566.5 billion won), and the amount does not include value-added taxes.

Through the new investment in the second research center, Jusung Engineering plans to secure technologies in ▲ Group 3-5 and Group 3-6 compound semiconductors ▲ high-k dielectrics and ferroelectrics ▲ noble metal technologies. This strategy aims to respond quickly to changes in the artificial intelligence (AI) industry and semiconductor paradigms.

A representative of Jusung Engineering noted, "With this new investment, we will secure additional research and development (R&D) fab space to enhance our synergy capabilities in semiconductors, displays, and solar energy. We will also secure future growth engines through value creation from innovations and close customer responses in a rapidly changing market environment, ultimately laying the groundwork for sustainable growth."

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