Information
308 Maebong-ro, Byeongcheon-myeon, Dongnam-gu, Cheonan, Chungcheongnam-do, South Korea
+82 41-590-3306
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Overview
- Summary
- Shinwha Intertek is an electronic materials specialist that has contributed to the development of the display material industry for mobile, TV, and signage over the past half-century. The company primarily produces optical films and mobile OLED tapes. Recently, it has expanded its business into next-generation display materials and modules such as Micro LED, AR, and XR. Furthermore, it is securing new growth engines by entering the market for home appliances, construction, and secondary battery materials, particularly insulation tapes for electric vehicles and ESS. The company is diversifying its mobility material portfolio through the development of automotive AR HUD optical modules.Shinwha Intertek is an electronic materials specialist that has contributed to the development of the display material industry for mobile, TV, and signage over the past half-century. The company primarily produces optical films and mobile OLED tapes. Recently, it has expanded its business into next-generation display materials and modules such as Micro LED, AR, and XR. Furthermore, it is securing new growth engines by entering the market for home appliances, construction, and secondary battery materials, particularly insulation tapes for electric vehicles and ESS. The company is diversifying its mobility material portfolio through the development of automotive AR HUD optical modules.
- Key Products/Technologies
- **Optical Film**: A range of optical film products for LCD BLU, including general composite, QD film, DBEF composite, and ND film technologies. This product line includes high-color reproduction films and high-functional optical films, capable of simultaneously achieving high brightness, high color reproduction, and energy efficiency. The company possesses technologies for multi-sheet integration, prism structure design, microlens pattern processing, high-efficiency reflection, and uniform diffusion control, meeting the demands for high-definition, low-power, and high-optical efficiency displays. It successfully mass-produced high-color reproduction films (QD Sheet) for QLED TVs in 2018 and developed the first wide-viewing-angle film for LCD panels in Korea in 2019. Automotive display QD sheets, combined with local dimming technology, achieve OLED-level picture quality and ensure reliability under automotive durability standards ranging from -40°C to 85°C.**Optical Film**: A range of optical film products for LCD BLU, including general composite, QD film, DBEF composite, and ND film technologies. This product line includes high-color reproduction films and high-functional optical films, capable of simultaneously achieving high brightness, high color reproduction, and energy efficiency. The company possesses technologies for multi-sheet integration, prism structure design, microlens pattern processing, high-efficiency reflection, and uniform diffusion control, meeting the demands for high-definition, low-power, and high-optical efficiency displays. It successfully mass-produced high-color reproduction films (QD Sheet) for QLED TVs in 2018 and developed the first wide-viewing-angle film for LCD panels in Korea in 2019. Automotive display QD sheets, combined with local dimming technology, achieve OLED-level picture quality and ensure reliability under automotive durability standards ranging from -40°C to 85°C.
- **Mobile OLED Tape**: A product line of functional tapes applied to various IT devices such as smartphones, tablets, laptops, and smartwatches. These tapes are essential materials that enhance critical IT device performance, including light blocking, heat dissipation, waterproofing, protection, cushioning, and electromagnetic shielding. The company develops and mass-produces various products like black light-blocking tape, waterproof and protective tape, and cushion foam composite tape. Recently, it has expanded its application scope to automotive OLED displays, including dashboards and infotainment systems.**Mobile OLED Tape**: A product line of functional tapes applied to various IT devices such as smartphones, tablets, laptops, and smartwatches. These tapes are essential materials that enhance critical IT device performance, including light blocking, heat dissipation, waterproofing, protection, cushioning, and electromagnetic shielding. The company develops and mass-produces various products like black light-blocking tape, waterproof and protective tape, and cushion foam composite tape. Recently, it has expanded its application scope to automotive OLED displays, including dashboards and infotainment systems.
- **Secondary Battery Materials**: Successful development and mass production of insulation tapes for electric vehicle and ESS secondary batteries. These products offer chemical resistance and insulation properties, providing protection for batteries. Initial mass production and supply to major domestic corporations began in 2024, securing new revenue streams. The company plans to continuously expand its product range to include various tapes used in battery exteriors, interiors, modules, packs, and electric vehicles.**Secondary Battery Materials**: Successful development and mass production of insulation tapes for electric vehicle and ESS secondary batteries. These products offer chemical resistance and insulation properties, providing protection for batteries. Initial mass production and supply to major domestic corporations began in 2024, securing new revenue streams. The company plans to continuously expand its product range to include various tapes used in battery exteriors, interiors, modules, packs, and electric vehicles.
- **Next-Generation Automotive Display Materials and Modules**: Research and development capabilities for metaverse-oriented optical modules and automotive XR HUD modules. Through collaboration with its strategic investor, Epitone, the company unveiled a new mirrorless Augmented Reality Head-Up Display (AR HUD) technology. This technology minimizes the installation space of the HUD system to approximately 7 liters and provides drivers with realistic augmented reality information from a close distance of 60cm up to 80m ahead on the road.**Next-Generation Automotive Display Materials and Modules**: Research and development capabilities for metaverse-oriented optical modules and automotive XR HUD modules. Through collaboration with its strategic investor, Epitone, the company unveiled a new mirrorless Augmented Reality Head-Up Display (AR HUD) technology. This technology minimizes the installation space of the HUD system to approximately 7 liters and provides drivers with realistic augmented reality information from a close distance of 60cm up to 80m ahead on the road.
- Core Advantages
- **Unrivaled Technological Leadership**: The company has secured unrivaled technological leadership in the field of composite optical sheets that maximize LCD display performance. It possesses the ability to expand new material technologies based on accumulated coating, lamination, and adhesive design capabilities. It holds differentiated competitiveness through its proprietary formulation technology, high-color reproduction film manufacturing technology, and various pattern technologies for wide-viewing-angle films.**Unrivaled Technological Leadership**: The company has secured unrivaled technological leadership in the field of composite optical sheets that maximize LCD display performance. It possesses the ability to expand new material technologies based on accumulated coating, lamination, and adhesive design capabilities. It holds differentiated competitiveness through its proprietary formulation technology, high-color reproduction film manufacturing technology, and various pattern technologies for wide-viewing-angle films.
- **Proactive Business Diversification**: A strategy to expand its business into next-generation automotive display materials, such as secondary battery insulation tapes and XR HUD, building upon the stable foundation of its existing display material business. The company is preparing to transform into a smart film mass-production company for metaverse devices, targeting new industry markets. This diversification effort aims to secure a stable revenue base and new growth engines.**Proactive Business Diversification**: A strategy to expand its business into next-generation automotive display materials, such as secondary battery insulation tapes and XR HUD, building upon the stable foundation of its existing display material business. The company is preparing to transform into a smart film mass-production company for metaverse devices, targeting new industry markets. This diversification effort aims to secure a stable revenue base and new growth engines.
- **Global Customer Network and Quality Competitiveness**: A supply chain that has secured major domestic and international customers such as Samsung Electronics, SONY, and Chinese set manufacturers. It operates a subsidiary in Suzhou, China, specializing in manufacturing and processing optical films, serving customers in China and other Asian regions as a global production hub. The company holds global automotive material and component quality certifications, including IATF 16949, and possesses VDA 6.3 Process Auditor qualifications and PMP (Project Management Professional) certified personnel, reflecting its robust quality management system.**Global Customer Network and Quality Competitiveness**: A supply chain that has secured major domestic and international customers such as Samsung Electronics, SONY, and Chinese set manufacturers. It operates a subsidiary in Suzhou, China, specializing in manufacturing and processing optical films, serving customers in China and other Asian regions as a global production hub. The company holds global automotive material and component quality certifications, including IATF 16949, and possesses VDA 6.3 Process Auditor qualifications and PMP (Project Management Professional) certified personnel, reflecting its robust quality management system.
- **Continuous R&D Investment**: A strategy to gain market dominance and establish technological entry barriers through continuous R&D investment from the early stages of its business. The company demonstrates consistent efforts in securing new technologies, with an average R&D investment rate of 2.71% of sales (2018-2020). It plans to operate a future research institute in Jukjeon, Gyeonggi Province, to secure excellent research personnel and expand its business into special film areas, automotive display components, and eco-friendly furniture decorative films for daily life.**Continuous R&D Investment**: A strategy to gain market dominance and establish technological entry barriers through continuous R&D investment from the early stages of its business. The company demonstrates consistent efforts in securing new technologies, with an average R&D investment rate of 2.71% of sales (2018-2020). It plans to operate a future research institute in Jukjeon, Gyeonggi Province, to secure excellent research personnel and expand its business into special film areas, automotive display components, and eco-friendly furniture decorative films for daily life.
- **Synergy with Hyosung Group**: As an affiliate of the Hyosung Group, the company benefits from a stable business foundation and expects synergy effects within the group. It receives optical PET films produced by Hyosung as raw materials for BLU and anticipates the development of new products by leveraging Hyosung's original film technologies and Shinwha Intertek's optical film coating technologies. This collaboration contributes to enhancing price and quality competitiveness.**Synergy with Hyosung Group**: As an affiliate of the Hyosung Group, the company benefits from a stable business foundation and expects synergy effects within the group. It receives optical PET films produced by Hyosung as raw materials for BLU and anticipates the development of new products by leveraging Hyosung's original film technologies and Shinwha Intertek's optical film coating technologies. This collaboration contributes to enhancing price and quality competitiveness.
- Target Industrie
- Mobile devices (smartphones, tablets, laptops, smartwatches)Mobile devices (smartphones, tablets, laptops, smartwatches)
- TVs and monitors (LCD, OLED, QLED)TVs and monitors (LCD, OLED, QLED)
- SignageSignage
- Automotive (automotive displays, OLED displays, AR HUD, electric vehicles, ESS)Automotive (automotive displays, OLED displays, AR HUD, electric vehicles, ESS)
- Home appliancesHome appliances
- ConstructionConstruction
- Metaverse devices (smart glasses, XR devices)Metaverse devices (smart glasses, XR devices)
- Major Markets
- China (Suzhou, Dongguan production lines), TaiwanChina (Suzhou, Dongguan production lines), Taiwan
- SlovakiaSlovakia
- United States (strategic investment and collaboration with Epitone)United States (strategic investment and collaboration with Epitone)
- Certifications/Patents
- **Patents**: Acquisition of 2 patents, including a method for manufacturing patterned transparent conductive film. Acquisition of 3 patents, including composite optical sheets and light source assemblies and liquid crystal display devices containing them, methods for manufacturing composite optical sheets, and transparent conductive films and their manufacturing methods. Acquisition of a patent for reflective sheets and light source assemblies and liquid crystal display devices containing them. Acquisition of patents related to composite optical films using cholesteric liquid crystals.**Patents**: Acquisition of 2 patents, including a method for manufacturing patterned transparent conductive film. Acquisition of 3 patents, including composite optical sheets and light source assemblies and liquid crystal display devices containing them, methods for manufacturing composite optical sheets, and transparent conductive films and their manufacturing methods. Acquisition of a patent for reflective sheets and light source assemblies and liquid crystal display devices containing them. Acquisition of patents related to composite optical films using cholesteric liquid crystals.
- **Certifications**: Selected as a 'Materials, Parts, and Equipment (SooBuJang) Powerhouse' by the Ministry of Trade, Industry and Energy in 2021. Acquired IATF 16949, an essential quality certification for global automotive materials and components. Possesses VDA 6.3 Process Auditor qualifications and PMP (Project Management Professional) certified personnel, meeting the strict standards of the German automotive industry.**Certifications**: Selected as a 'Materials, Parts, and Equipment (SooBuJang) Powerhouse' by the Ministry of Trade, Industry and Energy in 2021. Acquired IATF 16949, an essential quality certification for global automotive materials and components. Possesses VDA 6.3 Process Auditor qualifications and PMP (Project Management Professional) certified personnel, meeting the strict standards of the German automotive industry.
Introduction
Location
308 Maebong-ro, Byeongcheon-myeon, Dongnam-gu, Cheonan, Chungcheongnam-do, South Korea
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