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[Alpha Biz=(Chicago) Reporter Paul Lee] SoulBrain, a semiconductor and display material company with sales of KRW 1 trillion, will acquire another semiconductor material company, DNF.
SoulBrain held a board meeting on the 30th and announced that it decided to take over 2 million shares of DNF for 96 billion won. The transfer price per week is 48,000 won. Previously, Solbrain has been negotiating the purchase of the largest shareholder stake (2 million shares), including related parties of DNF founder Kim Myung-woon, for 50,000 won per share.
Samsung Electronics has decided not to participate in the sale of the stake. Samsung Electronics invested 21 billion won in DNF in 2021 to acquire a 7% stake in semiconductor materials.
SoulBrain's acquisition of DNF is aimed at significantly strengthening its semiconductor material business. DNF was founded in 2001 by CEO Kim, a Ph.D. in chemistry at KAIST. In 2005, we entered the semiconductor material market by developing semiconductor process material precursor with Samsung Electronics. Dicrystalline carbon layer (ACL) precursor and double patterning technology (DPT) precursor have been localized. Electrospheres are various types of key materials used in chemical reactions when forming semiconductor circuits.
As SoulBrain also has its own chemical material business used in various semiconductor manufacturing processes including precursor, the acquisition of DNF is expected to have considerable synergy effects such as improving technology and production capacity in the precursor field.
SoulBrain is currently supplying various semiconductor and display materials to Samsung Electronics, SK Hynix, Samsung Display, and LG Display.
Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)
