South Korea's Ministry of Trade, Industry and Energy approved five new materials cooperation models on the 6th and selected five Super 을 companies. The ministry will provide 91 billion KRW in research and development funding over five years alongside regulatory exemptions including a chemical substance licensing fast-track and financial and tax support packages. The decisions were finalized at the 16th Materials, Components, and Equipment Competitiveness Enhancement Committee meeting held at Korea Trade Insurance Corporation, advancing the government's ongoing strategy to fortify domestic MCE industry resilience amid global supply chain restructuring.
Ministry Approves Five Cooperation Models with 91 Billion KRW Funding
The five approved cooperation models cover next-generation glass package substrates, 1000-watt EUV pellicles, factory-customized mobility platforms, vehicle infotainment system-on-chips, and ultra-high-performance porous carbon for energy applications. The Ministry of Trade, Industry and Energy will inject a total of 91 billion KRW in R&D funding over five years into these models. The government will support ecosystem-completion and region-led cooperation systems through regulatory exemptions such as a chemical substance licensing fast-track alongside financial and tax support packages.
Five Companies Selected as Third-Generation Super 을 Firms
Hanwha Ocean [042660], Sunic System [171090], EO Technics [039030], EcoPro BM [247540], and Doosan Electronics were selected as third-generation Super 을 companies to secure globally unrivaled technological capabilities. Hanwha Ocean's selection focuses on submarine fuel cells, Sunic System on AI-based OLED autonomous deposition equipment, EO Technics on ultra-high-speed laser heat treatment equipment, EcoPro BM on sulfide-based solid electrolytes for all-solid-state batteries, and Doosan Electronics on low-loss materials for satellite communications. Selected companies will receive large-scale R&D support of up to 20 billion KRW per project for seven years or longer. The government plans to nurture a total of 15 companies by 2030.
Government Plans AI-Centered Technology Reorganization and Specialized Complex Selection
The Ministry of Trade, Industry and Energy will reorganize 200 core strategic technologies centered on artificial intelligence and advanced materials. The ministry will select the third MCE specialized complex within the year according to the implementation plan. Vice Minister Moon Shin-hak stated that the government will continue to nurture MCE companies that remain resilient amid global supply chain restructuring and strengthen the fundamental competitiveness of the MCE industry through cooperation models that reflect diverse cooperation demands from supply and demand companies.
FAQ
What did South Korea's Ministry of Trade, Industry and Energy approve on the 6th?
The Ministry of Trade, Industry and Energy approved five new materials, components, and equipment cooperation models and selected five companies as third-generation Super 을 firms on the 6th. The ministry will provide 91 billion KRW in R&D funding over five years alongside regulatory exemptions and financial support packages.
Which companies were selected as third-generation Super 을 firms?
Hanwha Ocean [042660], Sunic System [171090], EO Technics [039030], EcoPro BM [247540], and Doosan Electronics were selected as third-generation Super 을 companies. Selected companies will receive up to 20 billion KRW per project for seven years or longer, with the government planning to nurture 15 companies by 2030.
