YMC Signs Strategic Cooperation Framework Agreement with China's JDC on Semiconductor and Display Materials Business

YMC, a company specializing in semiconductor and display materials and components, announced on October 28 that it had signed a Strategic Cooperation Framework Agreement with Jindu Yicheng Molybdenum Co., Ltd. (JDC), Asia's largest molybdenum specialist.

Photo by YMC

Representatives from both companies, including YMC Vice President Park Jeonggeun and JDC Vice President Wang Jiwei, attended the signing ceremony at JDC's headquarters in Xi'an, China.

Headquartered in Shaanxi Province, China, JDC is a key subsidiary of Shaanxi Nonferrous Metals Group, a major Chinese state-owned enterprise. It is a key supplier in the global molybdenum market, with assets worth approximately 25 billion yuan (about 4.96 trillion won). The company has an integrated operation spanning ore mining, smelting, and advanced materials processing, and supplies high-quality molybdenum materials to major markets around the world.

Under the agreement, the two companies will establish a framework for cooperation in the semiconductor and display sectors covering ▲raw material supply ▲precision processing ▲global sales. JDC will supply molybdenum raw materials, which YMC will precision-process into key materials and components. The finished products are expected to be sold in global markets, including South Korea.

YMC plans to combine JDC's large-scale materials infrastructure with its own precision-processing capabilities to strengthen its production and supply competitiveness for key components and materials that meet the quality standards of semiconductor and display manufacturers.

A YMC official said, "Our partnership with JDC, which has strong raw material competitiveness, will mark an important turning point in further enhancing our cost and quality competitiveness in advanced materials for the semiconductor and display sectors."

This content was produced with the assistance of AI translation services.