MECARO Co., Ltd.

Pyeongtaek-si,  Gyeonggi-do 
Korea (South)
http://www.mecaro.com
  • Booth: C148


We have new name MECARO from MECHARONICS since 2015.

Mecaro Co Ltd has been mainly manufacturing the Heater block and Chemical source for Semiconductor Industry.

Heater Block is the device which heats up the wafer in the Semiconductor manufacturing process or the glass of the LCD manufacturing process. It is to optimizing the best processing environment for purge gas system and wafer chucking. Heater Block is used at the process under 500 degree and is being most widely used for CVD, PVD and Asher due to its superior thermal conductivity and easy surface coating.

Chemical source is the Precursor used for thin-film Deposition. Mecaro produces the Chemical Source for Thin-film Deposition is usually use for CVD, ALD, Sol-gel. It is divided into Low-end products for mass production such as BPSG, TEOS, SOG and High-end products which consists the core of Memory such as Ru, Co, STO, BST etc. Main producing precursors are ZM40, Cp-Zr, TiCl4 etc.


 Press Releases

  • Mecaro Co., Ltd. (241770) has switched from Lee Jae-jeong as the only CEO to co-CEOs system including CEO Park Young-soon.

    Mecaro, a company specializing in semiconductor materials and parts, held a board of directors meeting on September 30th and announced that it would switch to a co-CEO system while CEO Lee Jae-jung would maintain his position and Park Young-soon being appointed as co-CEO.

    The newly appointed CEO Park Young-soon is recognized for his broad experience and high expertise of more than 35 years, starting with SK Siltron, a silicon wafer manufacturer, KC Tech, a manufacturer of semiconductor equipment and CMP slurry, and TCK, which occupies more than 80% of the global market for CVD SiC ring. In particular, while serving as CEO of TCK for 12 years, he showed excellent management skills, such as growing TCK to more than 2 trillion won in corporate value. He now plans to oversee overall business of Mecca and conduct long-term growth engines after taking office.

    A major official at Mecaro said, “CEO Jae-Jeong Lee, who had decided to convert to co-CEO system, plans to serve as CEO at Mecaro Energy Co., Ltd., a subsidiary of Mecaro, as well as manage overall business. Mecaro has made this decision in an aim for developing into a global semiconductor material, component and energy company.”

    He also noted “by switching to each representative system, a swift decision-making supported by each CEOs specialty would help Mecaro to quickly adapt to changing semiconductor market and environment.

    Meanwhile, Mecaro recorded 21.4 billion won in consolidated sales at the second quarter and succeeded in turning into an operating profit surplus, signaling a recovery in earnings improvement. This new each representative system is drawing attention for positive outcomes it could lead to in the future business.

  • Mecaro (241770), a company specializing in semiconductor parts and chemical materials, announced on the 11th that it had signed a contract for a new factory construction in Seongbon Industrial Complex at Eumseong, North Chungcheong Province for development of ceramic heater blocks and ESCs.

    Around 10.1 billion won is expected to be invested in construction of this new plant. The investment amount is facility investment only and does not include land purchasing cost. Mecaro plans to finance all necessary cost for the investment with its own funds, and the land on which the new factory will be built was prepared by investing about KRW 9.6 billion in early February of this year. The site area of ​​the new Seongbon factory is 40,152㎡, and the total floor area of ​​the building is 4,990.40㎡. Construction will begin at the end of this month and will be completed in September 2022.

    Seongbon Industrial Complex, where a new factory for the development of ceramic heater blocks and ESCs will be taking place, is located in Daeso-myeon, Eumseong-gun, Chungcheongbuk-do. Its location is advantageous in terms of logistics because it is adjacent to Jungbu Expressway and Pyeongtaek Jecheon Expressway. Mecaro has preemptively purchased the land considering that it is close to major customers and is favorable for ceramic and chemical businesses.

    The ceramic heater block that Mecaro intends to develop is a component that controls high temperature inside a chamber for semiconductor process. It is a component essential for semiconductor deposition process. Its demand is continuously growing due to constant increase in ultra-fine processes. Although a few domestic companies have localized ceramic heater block, one Japanese company has monopolized more than 90% of the market with its technological superiority.

    An official at Mecaro said “While the localization needs of customers and the increase in market demand are becoming more certain, we plan to swiftly complete development and penetrate market by utilizing our fine ceramic production know-how, localization experience of metal heater blocks alongside with our market dominance.” Moreover, he has expressed confidence to build future growth engine by maximizing synergy in components business with newly added valve business.

    Meanwhile, Mecaro recently appointed CEO Park Young-soon through a board of directors meeting and switched to a co-CEO system. Market interprets this time investment on ceramic as a result of a quick decision-making based on the expertise of each CEO along with CEO Jae-Jeong Lee, and expects that this tendency to change for the better will lead to an improvement in fundamentals.

  • Mecaro (241770), a company specializing in semiconductor materials and components, announced on the 15th that it recorded cumulative sales of 58.6 billion won, operating profit of 2.5 billion won, and net profit of 5.8 billion won in third quarter. Heater block division recorded 33.3 billion won in 3Q and continued a solid trend, and its precursor business recorded sales of 22.7 billion won.

    In the product portfolio section, the strength of heater block 12-inch stood out. While the influence of FAB investment is on-going since the beginning of the year, 3Q sales recorded KRW 7.7 billion, surpassing the peak sales of 2Q once again. In precursor business, alongside with the generational transition of D-RAM, Cp-Zr and TiCl4 grew 50% and 100% YoY, respectively, recording a total of KRW 5.5 billion in sales. However, as some of export shipments to China were delayed due to recent logistics crisis, sales recognition was carried over to 4Q.

    Operating profit increased 77% QoQ to KRW 2.1 billion, a significant improvement in terms of operating profit ratio. Mecaro signaled a tunnel out by succeeding in turnaround at 2Q from operating loss at 1Q, eventually improving profit margin in 3Q. The company plans to continue the current solid earnings growth to the end of this year.

    On the other hand, regarding stock market concern on investor alert issue that has been rising since the beginning of the year, a company official said, "a planned solution is being carried out and advanced consultation of internal accounting management system will be completed by the end of this year.”

    Mecaro recently announced a 10 billion won investment in new facilities, mostly on construction of a new factory for the development and commercialization of ceramic heater blocks and ESCs. Market interprets this as Mecaros strong will for aggressive investment, securing growth momentum while strengthening its business portfolio in the parts business.

    At the end of third quarter extraordinary general meeting of shareholders, Park Young-soon was appointed as an inside director while Mecaro completed preparation for a major change including transition to co-CEO system and restructuring its organization. A key official at Mecaro noted, “We expect this change will serve as a foundation for our company in taking a leap to become a top-notch company.”


 Products

  • Heater Block & Chemical
    Heater Block, which is the core of the semiconductor industry, and Precursor(Chemical Source), which is a raw material used for thin film deposition, and contributing to the development of the next-generation semiconductor industry....

  • Mecaro Co Ltd has been mainly manufacturing the Heater block and Chemical source for Semiconductor Industry.

    Heater Block is the device which heats up the wafer in the Semiconductor manufacturing process or the glass of the LCD manufacturing process. It is to optimizing the best processing environment for purge gas system and wafer chucking. Heater Block is used at the process under 500 degree and is being most widely used for CVD, PVD and Asher due to its superior thermal conductivity and easy surface coating.

    Chemical source is the Precursor used for thin-film Deposition. Mecaro produces the Chemical Source for thin-film Deposition is usually use for CVD, ALD, Sol-gel. It is divided into Low-end products for mass production such as BPSG, TEOS, SOG and High-end products which consists the core of Memory such as Ru, Co, STO, BST etc. Main producing precursors are ZM40, Cp-Zr, TiCl4 etc.

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