Ministry of Trade Industry and Resources

Kim Seong-yeol, Deputy Minister for Industry and Growth at the Ministry of Trade, Industry and Resources (MOTIR, Minister JK Kim), attended the completion ceremony for JK Materials Sejong Campus on March 12, 2026, where he toured the company’s semiconductor materials production facilities and heard the views of industry representatives.

The new campus will establish a production base in Sejong for key materials, including raw materials used in photoresists used in semiconductor lithography, advanced packaging materials for HBM, and OLED display films. The move is expected to help broaden Korea’s semiconductor industry beyond the Seoul metropolitan area and strengthen competitiveness across the broader ecosystem.

Driven by AI-driven demand, the global semiconductor market is expected to surpass USD 1 trillion for the first time this year, with the market for semiconductor materials, parts, and equipment also set to expand. The government will help channel the current boom in memory chips, which are posting record earnings, into broader growth across the materials, parts, and equipment sector. To that end, MOTIR will back the establishment of a production-linked Trinity Fab for demonstration testing, develop investment incentives under the Special Act on Semiconductors, and step up support for regional semiconductor clusters and workforce development tailored to local industry needs.

In his congratulatory remarks, Deputy Minister Kim noted that “Korea’s world-class semiconductor manufacturing capabilities can help accelerate the localization of semiconductor materials, parts, and equipment.” He added that “the government will focus on strengthening the supplier ecosystem, expanding demand-linked R&D, improving the investment environment, and training future semiconductor talent.”