SOI wafer and advanced substrate leader Soitec and Korea’s SK Innovation (SKI) recently signed a Collaboration Agreement (CA) to establish a strategic alliance (read the press release here). The focus is on accelerating innovation in the area of semiconductor materials for information communication technologies and internet-of-things applications.
The collaborative partnership will build on the synergy between the companies. SKI is known as the leader of Korea’s energy industry, with over five decades in the fields of energy, lubricants, petrochemicals, organic materials, information electronic materials, and lithium-ion batteries.
At the outset, the alliance will focus on innovating engineered substrates and the processes for fabricating these materials. However, it could be extended to include manufacturing and commercial development. The partners’ joint goal is to bring the first products to market by early 2017 in applications. These breakthrough products will allow Soitec to grow its global market presence.
“Our partnership gives SK Innovation and Soitec the power to develop new materials and very quickly bring innovations to market,” said Carlos Mazure, Soitec’s chief technical officer. “This is a very important first step for Soitec as we team up with Korea’s leader in energy and materials development to leverage our two companies’ strong synergies.”