SK Keyfoundry, a Korea-based foundry, is fast-tracking the development of SiC-based power semiconductors to broaden its global reach. The company is using its manufacturing expertise and IP portfolio and has recently acquired SK Powertech, a leader in the SiC sector, to enhance its technological edge.
The company has strong expertise in improving manufacturing processes from wafer creation to final product, as well as with its recent acquisition of SK Powertech, it has gained advanced SiC (Silicon Carbide) technologies. This will help SK Keyfoundry build a strong foundation in the SiC power semiconductor sector, known for its high-performance devices used in applications such as electric vehicles as well as renewable energy.
With this new capability, SK Keyfoundry plans to build SiC MOSFET technologies by 2025 and launch its SiC semiconductor foundry business in 2026. The company is operating on high-voltage, high-efficiency applications for electric vehicles, industrial power systems, and energy storage.
As demand for SiC semiconductors grows in industries focused on energy efficiency, SK Keyfoundry is positioning itself to be a major player in this fast-growing market, which is expected to expand by over 24% annually from 2025 to 2030. The company aims to increase its global market share through collaborations with customers worldwide.
Based in Korea, SK Keyfoundry provides foundry services for analog and mixed-signal semiconductors, supporting industries like consumer electronics, communications, computing, automotive, and industrial sectors. With a broad range of technologies and process options, SK Keyfoundry can meet the changing needs of semiconductor companies around the world.
Executive Statement
According to Derek D. Lee, CEO of SK keyfoundry, the acquisition of SK powertech, a specialist in SiC, marked a pivotal step for SK keyfoundry in securing its own distinctive technological edge in the compound semiconductor field. By combining the core development capabilities of both companies and launching high-efficiency SiC power semiconductor process technologies and products, SK keyfoundry aims to establish differentiated technological leadership in the rapidly growing global market for high-voltage and high-efficiency compound semiconductor applications.