LTC Co., Ltd. is a company specializing in the development and supply of essential chemical materials and equipment for semiconductor and display manufacturing processes. It demonstrates continuous efforts in developing innovative new products based on a deep understanding of the latest process technologies. The company's main product lines include wet chemical materials such as strippers for displays and high-selective phosphoric acid (HSP) for semiconductors, along with wafer cleaning equipment. It is actively expanding its business into next-generation technology areas, including organic materials, nano-ceramic materials, hydrogen fuel cells, and glass substrate materials. Driven by the growth of its subsidiaries, the company achieved its highest-ever performance in 2025, demonstrating robust growth.LTCCo.,Ltd.isacompanyspecializinginthedevelopmentandsupplyofessentialchemicalmaterialsandequipmentforsemiconductoranddisplaymanufacturingprocesses.Itdemonstratescontinuouseffortsindevelopinginnovativenewproductsbasedonadeepunderstandingofthelatestprocesstechnologies.Thecompany'smainproductlinesincludewetchemicalmaterialssuchasstrippersfordisplaysandhigh-selectivephosphoricacid(HSP)forsemiconductors,alongwithwafercleaningequipment.Itisactivelyexpandingitsbusinessintonext-generationtechnologyareas,includingorganicmaterials,nano-ceramicmaterials,hydrogenfuelcells,andglasssubstratematerials.Drivenbythegrowthofitssubsidiaries,thecompanyachieveditshighest-everperformancein2025,demonstratingrobustgrowth.
Key Products/TechnologiesKeyProducts/Technologies
Chemical Materials for Display Processes: Development and manufacturing technology for Strippers (photoresist removers) used in FPD (Flat Panel Display) processes. These are essential materials for LCD and OLED display manufacturing processes, holding the number one market share in Korea.ChemicalMaterialsforDisplayProcesses:DevelopmentandmanufacturingtechnologyforStrippers(photoresistremovers)usedinFPD(FlatPanelDisplay)processes.TheseareessentialmaterialsforLCDandOLEDdisplaymanufacturingprocesses,holdingthenumberonemarketshareinKorea.
Chemical Materials for Semiconductor Processes: A diverse range of chemical materials including strippers, developers, and cleaning solutions for semiconductor manufacturing processes. Notably, high sales growth of High-Selective Phosphoric Acid (HSP) in response to increasing demand for 3D NAND advanced processes. Development and supply capabilities for CMP Slurry (Cu polishing agent) and Central Chemical Supply System (C.C.S.S) for semiconductor chemical material supply.ChemicalMaterialsforSemiconductorProcesses:Adiverserangeofchemicalmaterialsincludingstrippers,developers,andcleaningsolutionsforsemiconductormanufacturingprocesses.Notably,highsalesgrowthofHigh-SelectivePhosphoricAcid(HSP)inresponsetoincreasingdemandfor3DNANDadvancedprocesses.DevelopmentandsupplycapabilitiesforCMPSlurry(Cupolishingagent)andCentralChemicalSupplySystem(C.C.S.S)forsemiconductorchemicalmaterialsupply.
Semiconductor Wafer Cleaning Equipment: Manufacturing and supply of semiconductor wafer cleaning equipment through its subsidiary LSE (엘에스이). Successful localization of some cleaning equipment previously reliant on Japanese imports, verifying its technological prowess.SemiconductorWaferCleaningEquipment:ManufacturingandsupplyofsemiconductorwafercleaningequipmentthroughitssubsidiaryLSE(엘에스이).SuccessfullocalizationofsomecleaningequipmentpreviouslyreliantonJapaneseimports,verifyingitstechnologicalprowess.
Next-Generation Advanced Materials: Ongoing research and development for mass production of organic and nano-ceramic materials. Development of solid electrolytes and separators for Solid Oxide Fuel Cells (SOFC) in the hydrogen fuel cell sector. Development and supply of PSPI (Passivation layer), a glass substrate material for semiconductor packaging, through its subsidiary ElsquareS (엘스퀘어에스).Next-GenerationAdvancedMaterials:Ongoingresearchanddevelopmentformassproductionoforganicandnano-ceramicmaterials.DevelopmentofsolidelectrolytesandseparatorsforSolidOxideFuelCells(SOFC)inthehydrogenfuelcellsector.DevelopmentandsupplyofPSPI(Passivationlayer),aglasssubstratematerialforsemiconductorpackaging,throughitssubsidiaryElsquareS(엘스퀘어에스).
Core AdvantagesCoreAdvantages
Leading Technological Innovation and R&D Capabilities: Continuous efforts in creative new product development based on a deep understanding of the latest semiconductor and FPD process technologies. Sustained R&D investment for securing new growth engines, including organic and nano-ceramic materials.LeadingTechnologicalInnovationandR&DCapabilities:ContinuouseffortsincreativenewproductdevelopmentbasedonadeepunderstandingofthelatestsemiconductorandFPDprocesstechnologies.SustainedR&Dinvestmentforsecuringnewgrowthengines,includingorganicandnano-ceramicmaterials.
Market-Dominant Product Portfolio: Strong market position with the number one market share in domestic display stripper products. Enhanced competitiveness in the semiconductor material market through rapid sales growth of High-Selective Phosphoric Acid (HSP) in the 3D NAND advanced process market.Market-DominantProductPortfolio:Strongmarketpositionwiththenumberonemarketshareindomesticdisplaystripperproducts.EnhancedcompetitivenessinthesemiconductormaterialmarketthroughrapidsalesgrowthofHigh-SelectivePhosphoricAcid(HSP)inthe3DNANDadvancedprocessmarket.
Vertical Integration and Business Diversification Strategy: Ability to provide total solutions through the parent company's material business, subsidiary LTC AM's wet chemical materials, and subsidiary LSE's semiconductor cleaning equipment business. Expansion of business areas from display materials to semiconductor materials, organic materials, and glass substrate materials.VerticalIntegrationandBusinessDiversificationStrategy:Abilitytoprovidetotalsolutionsthroughtheparentcompany'smaterialbusiness,subsidiaryLTCAM'swetchemicalmaterials,andsubsidiaryLSE'ssemiconductorcleaningequipmentbusiness.Expansionofbusinessareasfromdisplaymaterialstosemiconductormaterials,organicmaterials,andglasssubstratematerials.
Production Efficiency and Quality Stabilization: Expansion of product portfolio and improvement of production efficiency through the construction of new electronic material production and refining facilities, and organic material production facilities. Efforts to enhance profitability and strengthen business structure through the localization of core raw materials for materials.ProductionEfficiencyandQualityStabilization:Expansionofproductportfolioandimprovementofproductionefficiencythroughtheconstructionofnewelectronicmaterialproductionandrefiningfacilities,andorganicmaterialproductionfacilities.Effortstoenhanceprofitabilityandstrengthenbusinessstructurethroughthelocalizationofcorerawmaterialsformaterials.
Global Market Expansion and Customer Diversification: Pursuit of customer diversification by expanding the sales structure, which was concentrated on specific clients, to both domestic and international markets. Establishment of a sales channel diversification strategy targeting Chinese panel manufacturers and securing US glass substrate customers.GlobalMarketExpansionandCustomerDiversification:Pursuitofcustomerdiversificationbyexpandingthesalesstructure,whichwasconcentratedonspecificclients,tobothdomesticandinternationalmarkets.EstablishmentofasaleschanneldiversificationstrategytargetingChinesepanelmanufacturersandsecuringUSglasssubstratecustomers.
Target IndustrieTargetIndustrie
Semiconductor Manufacturing Industry (materials and equipment for memory and non-memory semiconductor processes)SemiconductorManufacturingIndustry(materialsandequipmentformemoryandnon-memorysemiconductorprocesses)
Display Manufacturing Industry (materials for LCD, OLED, FPD processes)DisplayManufacturingIndustry(materialsforLCD,OLED,FPDprocesses)
Hydrogen Fuel Cell Industry (materials for Solid Oxide Fuel Cells, SOFC)HydrogenFuelCellIndustry(materialsforSolidOxideFuelCells,SOFC)
Advanced Semiconductor Packaging Industry (glass substrate materials)AdvancedSemiconductorPackagingIndustry(glasssubstratematerials)
Major MarketsMajorMarkets
China (targeting panel manufacturers)China(targetingpanelmanufacturers)
United States (glass substrate material customer)UnitedStates(glasssubstratematerialcustomer)
Certifications/PatentsCertifications/Patents
Venture Company Certification (Korea Technology Finance Corporation)VentureCompanyCertification(KoreaTechnologyFinanceCorporation)
Corporate R&D Center Certification (Korea Industrial Technology Association)CorporateR&DCenterCertification(KoreaIndustrialTechnologyAssociation)
ISO 9001 Certification (Korea Productivity Center)ISO9001Certification(KoreaProductivityCenter)
INNO-BIZ Company Certification (Small and Medium Business Administration)INNO-BIZCompanyCertification(SmallandMediumBusinessAdministration)
Awarded '50 Million Dollar Export Tower' (2011, Korea International Trade Association)Awarded'50MillionDollarExportTower'(2011,KoreaInternationalTradeAssociation)
Awarded '70 Million Dollar Export Tower' (2012, Korea International Trade Association)Awarded'70MillionDollarExportTower'(2012,KoreaInternationalTradeAssociation)
Verification of technological capability through successful localization of some cleaning equipment previously reliant on Japanese imports.VerificationoftechnologicalcapabilitythroughsuccessfullocalizationofsomecleaningequipmentpreviouslyreliantonJapaneseimports.
Expansion of business into the semiconductor material sector based on PR stripper technology, a core display material.ExpansionofbusinessintothesemiconductormaterialsectorbasedonPRstrippertechnology,acoredisplaymaterial.
Subsidiary ElsquareS's PSPI offering a new alternative in the advanced material market, previously monopolized by Japan, securing global competitiveness.SubsidiaryElsquareS'sPSPIofferinganewalternativeintheadvancedmaterialmarket,previouslymonopolizedbyJapan,securingglobalcompetitiveness.
Introduction
Location
114 Cheongwonsandan 8-gil, Mado-myeon, Hwaseong-si, Gyeonggi-do, South Korea
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Information
114 Cheongwonsandan 8-gil, Mado-myeon, Hwaseong-si, Gyeonggi-do, South Korea