Intel Capital Invests Nearly 100 Million in DS Techno

Intel Capital recently invested approximately KRW 18 billion (approximately RMB 96.022 million) in South Korean semiconductor equipment component supplier DS Techno, becoming a new strategic shareholder of DS Techno. Previously in 2022, DS Techno also received investment from Samsung Electronics.

In order to become the world’s second largest wafer foundry after TSMC by 2030, Intel is seeking to procure competitive materials and components. An industry insider said, ‘By diversifying the supply chain of consumable components, cost savings can also be achieved.’. Intel Capital’s move should aim to strengthen the supply chain in Intel’s wafer foundry industry.

Founded in 1990, DS Techno is a South Korean company that develops and produces consumable components used in semiconductor manufacturing equipment such as silicon carbide (SiC), silicon (Si), and quartz. The company supplies materials and components to major global semiconductor companies such as Samsung Electronics, SK Hynix, Micron, TSMC, and Intel.

In terms of revenue, DS Techno’s sales increased threefold from 27.8 billion Korean won in 2014 to 103.2 billion Korean won in 2023. At the same time, the company is also expanding its production capacity. DS Techno plans to invest 70.2 billion Korean won in the Wonju Munmak Industrial Park in Wonju City to build a new factory by 2026, and 150.4 billion Korean won in the Eumseong Daeso Industrial Park to build another new factory by 2028.

There are reports that Intel recognizes the competitiveness of DS Techno and believes that the company has the quality and production management capabilities that can be directly supplied.