SKC said on Wednesday that its sixth copper foil factory will start operation within the year.
The factory will add 9,000 metric tonnes a year in production capacity, which means the company’s total will be 52,000 metric tonnes.
SKC said it has pulled the sixth factory’s activation date three to six months earlier than scheduled.
The factory was originally planned to start operation during the first quarter of next year.
SKC accelerated the process change notification (PCN) process with its customer for the factory.
Earlier, the firm also activated its fifth factory three months earlier than initially planned.
SKC is also building a copper foil factory in Malaysia and is aiming to secure a capacity of 50,000 metric tonnes a year there by 2023.
The company is aiming to build a factory in Europe as well. It is likely to build the factory in Poland.
SKC is aiming to secure a production capacity of 250,000 metric tonnes a year by 2025.
Some of its South Korean rivals included Iljin Materials and Solus Advanced Materials.
SKC recorded 1.57 trillion won in sales and operating income of 219.3 billion won during the first half of this year.
Its mobility business, which includes copper foil, accounted for 19% of that sales.
