UPDATED. 2024-04-11 10:05 (목)
BGF Ecomaterials to acquire KNW to start fluorine supply for chips
BGF Ecomaterials to acquire KNW to start fluorine supply for chips
  • Noh Tae Min 기자
  • 승인 2023.05.26 16:35
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Company likely to supply them to Samsung
Image: BGF Group
Image: BGF Group

BGF Ecomaterials said on Thursday that it has acquired semiconductor gas company KNW.

It will acquire 42.76% stock in KNW for 63.5 billion won. At a later date, through a share offering, it will acquire an additional 3.92 million shares for 50 billion won to gain a total of 56.7% stock in KNW.

KNW was founded in 2001 and offers materials used in consumer electronics, automobiles and semiconductors.

It has a wholly owned subsidiary called Fluorine Korea that produces special gases such as F2 and SF6 used in chip production.

Fluorine Korea’s revenue accounted for 56% of KNW’s total revenue in 2022.

BGF Group already supplies various gases used in chip production to Samsung; it will likely add more with the acquisition of KNW.


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