Technology leader in fine and process chemicals expands in global semiconductor and display markets

A South Korean company that has flourished on the back of successful partnerships with domestic giants Samsung and SK Hynix, ENF now has major international ambitions as it bids to capitalize on a growing semiconductor sector.

Founded in 2000, the South Korean company ENF Technology has established itself as a trusted specialist in supplying electronic materials for the manufacture of displays and semiconductors. ENF counts domestic titans of the electronics sector among a portfolio of customers that know they can rely on its products – and as the Yongin-based firm continues to go from strength to strength, its sights are now trained on the ambitious goals it has set itself for international expansion.

In recent years, ENF’s ability to remedy supply chain disruptions brought about by various factors – including the COVID-19 pandemic and Japanese restrictions on the export of semiconductor materials to South Korea – has played a key role in what has been a period of significant growth for the company. Indeed, its revenue rose from 486 billion KRW in 2020 to 600 billion KRW in 2022.

“In the past, most raw materials consumed in South Korea came from China, while the underlying technology and equipment mainly came from Japan,” explains ENF CEO Jeong-Soo Kim. “However, regulatory changes combined with import restrictions pushed the country to change its supply chain structure.