Osung Advanced Material, established in 1994, is a company with over 20 years of accumulated technological expertise in protective and functional films for display and semiconductor processes [database, cite: 3]. Its main business involves the manufacturing of optical protective films, functional films, and heat-shielding films. Recently, the company has diversified its business portfolio by venturing into medical marijuana component research and development and international freight forwarding.OsungAdvancedMaterial,establishedin1994,isacompanywithover20yearsofaccumulatedtechnologicalexpertiseinprotectiveandfunctionalfilmsfordisplayandsemiconductorprocesses[database,cite:3].Itsmainbusinessinvolvesthemanufacturingofopticalprotectivefilms,functionalfilms,andheat-shieldingfilms.Recently,thecompanyhasdiversifieditsbusinessportfoliobyventuringintomedicalmarijuanacomponentresearchanddevelopmentandinternationalfreightforwarding.
Key Products/TechnologiesKeyProducts/Technologies
The company's main product lines include the production of optical protective films, functional films, and heat-shielding films for displays.Thecompany'smainproductlinesincludetheproductionofopticalprotectivefilms,functionalfilms,andheat-shieldingfilmsfordisplays.
Research and development efforts focus on specialized films for next-generation displays, such as polarizing plate protective films, Hard Coating (H/C), NCD films, Prism Back-Coating, anti-scattering films, Anti Glare (AG), IR films, and NCF (OCA) films.Researchanddevelopmenteffortsfocusonspecializedfilmsfornext-generationdisplays,suchaspolarizingplateprotectivefilms,HardCoating(H/C),NCDfilms,PrismBack-Coating,anti-scatteringfilms,AntiGlare(AG),IRfilms,andNCF(OCA)films.
Technological capabilities encompass PSA-based polarizing plate and process-only protective films, NCF (OCA), anti-scattering films, and dicing films.TechnologicalcapabilitiesencompassPSA-basedpolarizingplateandprocess-onlyprotectivefilms,NCF(OCA),anti-scatteringfilms,anddicingfilms.
The company possesses advanced material development and manufacturing technologies for high-performance polymers, composite materials, advanced ceramics, and nanomaterials applicable across various industries including automotive, energy, medical, aerospace, and electronics.Thecompanypossessesadvancedmaterialdevelopmentandmanufacturingtechnologiesforhigh-performancepolymers,compositematerials,advancedceramics,andnanomaterialsapplicableacrossvariousindustriesincludingautomotive,energy,medical,aerospace,andelectronics.
Core AdvantagesCoreAdvantages
Over 20 years of unique technological know-how in protective and functional films for display and semiconductor processes [database, cite: 3].Over20yearsofuniquetechnologicalknow-howinprotectiveandfunctionalfilmsfordisplayandsemiconductorprocesses[database,cite:3].
Maintenance of long-term symbiotic cooperation with global display customers, including Samsung in Korea and clients in China [database].Maintenanceoflong-termsymbioticcooperationwithglobaldisplaycustomers,includingSamsunginKoreaandclientsinChina[database].
Strengthening domestic market dominance and expanding into overseas markets through a diverse range of display optical protective/functional film products and technological capabilities.Strengtheningdomesticmarketdominanceandexpandingintooverseasmarketsthroughadiverserangeofdisplayopticalprotective/functionalfilmproductsandtechnologicalcapabilities.
Successful localization of PET protective films, previously highly dependent on foreign (e.g., Japanese) imports.SuccessfullocalizationofPETprotectivefilms,previouslyhighlydependentonforeign(e.g.,Japanese)imports.
Continuous research and development of next-generation display performance-enhancing films and new materials through its corporate research institute.Continuousresearchanddevelopmentofnext-generationdisplayperformance-enhancingfilmsandnewmaterialsthroughitscorporateresearchinstitute.
Securing new growth engines through entry into medical marijuana component research and development via its subsidiary, Cannabis Medical, and acquisition of related patents.Securingnewgrowthenginesthroughentryintomedicalmarijuanacomponentresearchanddevelopmentviaitssubsidiary,CannabisMedical,andacquisitionofrelatedpatents.
Diversification of its business portfolio and expansion of group synergy through the acquisition of Cheonji Shipping and entry into international freight forwarding.DiversificationofitsbusinessportfolioandexpansionofgroupsynergythroughtheacquisitionofCheonjiShippingandentryintointernationalfreightforwarding.
A history of conducting national R&D projects related to UV, coating solutions, and titania.AhistoryofconductingnationalR&DprojectsrelatedtoUV,coatingsolutions,andtitania.
Target IndustrieTargetIndustrie
Display industry (TFT-LCD, OLED, 4K/8K TV, and other high-definition large-area displays).Displayindustry(TFT-LCD,OLED,4K/8KTV,andotherhigh-definitionlarge-areadisplays).
Semiconductor industry (semiconductor manufacturing equipment and processes).Semiconductorindustry(semiconductormanufacturingequipmentandprocesses).
Automotive industry (lightweight vehicle components, improved fuel efficiency).Automotiveindustry(lightweightvehiclecomponents,improvedfuelefficiency).
Energy industry (renewable energy systems like solar panels and wind turbines, energy storage devices such as batteries and fuel cells).Energyindustry(renewableenergysystemslikesolarpanelsandwindturbines,energystoragedevicessuchasbatteriesandfuelcells).
Medical sector (medical devices, implants, research and development of medical cannabis components).Medicalsector(medicaldevices,implants,researchanddevelopmentofmedicalcannabiscomponents).
Aerospace industry (aircraft and spacecraft components).Aerospaceindustry(aircraftandspacecraftcomponents).
Electronics industry (electronic components for smartphones, computers, etc.).Electronicsindustry(electroniccomponentsforsmartphones,computers,etc.).
Sports equipment, construction, and transportation sectors (utilizing composite materials).Sportsequipment,construction,andtransportationsectors(utilizingcompositematerials).
Major MarketsMajorMarkets
South Korea, China, VietnamSouthKorea,China,Vietnam
EuropeEurope
United StatesUnitedStates
Certifications/PatentsCertifications/Patents
Possession of 9 patents (as of 2021).Possessionof9patents(asof2021).
Recognition as a corporate research institute by the Korea Industrial Technology Association in 2001.RecognitionasacorporateresearchinstitutebytheKoreaIndustrialTechnologyAssociationin2001.
Awarded the New Technology Excellence Award by the Korean Standards Association and selected as an excellent technology company by the Korea Technology Finance Corporation in 2004.AwardedtheNewTechnologyExcellenceAwardbytheKoreanStandardsAssociationandselectedasanexcellenttechnologycompanybytheKoreaTechnologyFinanceCorporationin2004.
Designated as an Excellent Manufacturing Technology Research Center by the Ministry of Commerce, Industry and Energy in 2005.DesignatedasanExcellentManufacturingTechnologyResearchCenterbytheMinistryofCommerce,IndustryandEnergyin2005.
Acquisition of Green Technology certification for solar cell wafer manufacturing technology for photovoltaic power generation in 2010.AcquisitionofGreenTechnologycertificationforsolarcellwafermanufacturingtechnologyforphotovoltaicpowergenerationin2010.
Acquisition of marijuana-related patents by its subsidiary Cannabis Medical in 2021.Acquisitionofmarijuana-relatedpatentsbyitssubsidiaryCannabisMedicalin2021.
Plans for leading technology upgrades in display FPD functional optical films and establishing a unique position against competitors.PlansforleadingtechnologyupgradesindisplayFPDfunctionalopticalfilmsandestablishingauniquepositionagainstcompetitors.
Introduction
Location
104 Seogam-ro 17-gil, Iksan, Jeonbuk State, South Korea
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Information
104 Seogam-ro 17-gil, Iksan, Jeonbuk State, South Korea