Facility will create more than 400 skilled jobs, strengthen the U.S. semiconductor supply chain
Increases total investment plans to more than $600 million
Material developed with Georgia Tech to support next-gen, high-performance computing
COVINGTON, Ga., November 1, 2022 – Absolics, Inc., a subsidiary of SKC Co. Ltd., broke ground today on a planned $600 million investment in Covington, Ga., for a new manufacturing facility that will supply advanced materials to the U.S. semiconductor industry.
The investment will create more than 400 high-skilled jobs in Georgia and help strengthen the U.S. semiconductor supply chain by manufacturing a new material that supports next-generation computing systems.
Absolics’ Georgia site will make a glass substrate – a thin layer of
glass on which processing and memory chips can be mounted together to
create the brains of a computing system. The material reduces the space
required for a multi-chip package, allowing more chips to be packed into
a single device.
The glass substrate is considered a breakthrough because it can
significantly increase the performance and energy efficiency of
chipsets. SKC and Absolics originally developed the technology as part
of a research consortium with the Georgia Institute of Technology.
Absolics is expected to be the first in the world to mass produce the
The planned investment announced at today’s groundbreaking, attended
by officials including Senator Jon Ossoff and Georgia Economic
Development Commissioner Pat Wilson, represents an increase from the
$473 million originally announced
in October 2021. SKC and Absolics raised projections for the investment
based on the need for more advanced manufacturing equipment to meet
“Absolics will be an integral part of the semiconductor ecosystem in
the U.S.,” said Dr. Woncheol Park, President and Chief Executive Officer
of SKC. “We are pleased to build a factory and create hundreds of jobs
that will have a positive impact on the city of Covington and the State
“I am working every day to bring jobs and business to the State of
Georgia,” said Senator Ossoff. “This new plant will create Georgia jobs,
support U.S. national security, and bring more advanced manufacturing
to our state.”
“The development of Absolics is an exciting opportunity to grow the semiconductor industry in Georgia and the entire United States – a need that is growing daily as we plan for an increasingly electrified future,” said Georgia Department of Economic Development Commissioner Pat Wilson. “Located at SKC’s existing campus in Covington, this new venture came about through research conducted at Georgia Tech, and it is the perfect example of how the State of Georgia is participating in the innovative solutions of the future. As we continue to build on the long-term relationship between the State of Georgia and Korea, and our shared success with SK Group in particular, we thank SKC for their commitment to our partnership. Congratulations to everyone involved with this project!”
Created to drive semiconductor innovations
Absolics was created last year by SKC, a majority owner of the new business. SKC is an operating company of SK Group, South Korea’s second-largest conglomerate with global companies in clean energy, semiconductors and life sciences.
Absolics plans to build the Georgia facility in two phases. The first
phase, planned for completion by the end of 2023, will be a $240
million investment expected to create 140 jobs and focus on small-volume
manufacturing. Mass production in this facility is expected to start in
the second quarter of 2024. The second phase is expected to be an
additional $360 million investment that creates another 270 jobs and
ramps up to high-volume manufacturing. This phase is anticipated to be
completed over the next 3-5 years.
Material enables more chips in less space
Absolics’ inaugural product will be a thin piece of glass, approximately 3-by-3 inches, used to package different semiconductor components together. Processing, memory and logic chips can be mounted next to each other on the glass to create the core of a computing system.
The standard today is to place these chips on a thin layer of silicon
imposer that sits on top of a plastic substrate. The new glass material
replaces both layers, simplifying the manufacturing process and
reducing the thickness of the package by almost half. Certain
components, such as multi-layer ceramic capacitors (MLCC), can be
embedded in the glass substrate, freeing more space on the surface for
The packaging component of the semiconductor industry is becoming
more important as companies try to reach new levels of performance for
their computing devices. Absolics’ product allows larger processors and
up to four times more chips to be mounted in the same space.
The energy efficiency of the glass substrate also reduces overall
power consumption by up to 50 percent, driving down costs and
environmental impact, especially when applied at scale in large data
Absolics expects the first phase to have an annual production
capacity of 12,000 m2 with the second phase ramping up to annual
production capacity of 72,000 m2.
Part of SK Group’s Broader U.S. Investments
The SKC investment and Absolics facility is part of a broader commitment by SK Group to increase its investments and assets in the U.S. to more than $50 billion by the end of 2025. The investments are intended to support industries critical to the global economy with a focus on clean energy, semiconductors and life sciences.
Earlier this year, SK Siltron CSS, a semiconductor wafer manufacturer, opened a new facility in Michigan as part of a $300 million investment to increase manufacturing capacity for semiconductor wafers that can be used in components for electric vehicles. SK On, one of world’s top makers of EV batteries, is investing $2.6 billion in a site in Commerce, Ga., to make batteries for electric vehicles.
About SKC Co. Ltd.
SKC was founded in 1976 as a company specializing in materials, and has been expanding its business model to focus on high value-added materials in the areas of mobility, semiconductors, and the environment. In 1996, SKC established a presence in Georgia that grew to become one of the largest manufacturers of polyester films (PET film) in North America. SKC’s Semiconductor Material Business develops and manufactures semiconductors and specialty materials. It also produces chemical mechanical polishing (CMP) pads and slurry, key materials for the semiconductor CMP process. SKC is securing future growth drivers by making inroads into mobility including copper foil, an essential material for electric vehicle (EV) battery anodes. SKC intends to grow into a top ‘Global ESG Solution Company’ that specializes in advanced materials and unparalleled technology, providing new value to customers.
About SK Group SK Group, South Korea’s second-largest conglomerate, is a collection of global industry-leading companies driving innovations in semiconductors, sustainable energy, telecommunications and life sciences. Based in Seoul, SK invests in building businesses around the world with a shared commitment to reducing global greenhouse gas emissions and increasing the use of renewable energy.
SK companies combined have $139 billion in global annual revenue and employ more than 100,000 people worldwide. SK companies are investing billions of dollars in expanding their U.S. presence with business operations or partnerships in hydrogen energy and fuel cells, EV battery manufacturing and technology, energy storage solutions, pharmaceutical manufacturing and development, semiconductors, and advanced materials. For more information, visit sk.com.