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Simmtech

Public Β· 7 known investors

KOSDAQ-listed Korean manufacturer of semiconductor package substrates and high-density interconnection PCBs.

Also known as Chung-Buk Electronics Β· SIMMTECH Co., Ltd. Β· SIMMTECH Holdings Co., Ltd. Β· 심텍

Investors Β· 7

Also in the syndicate Β· 5

AIGAmkorHangang Restructuring FundInstitutional investorsSamsung Electronics

Company profile

researched Aug 2026

SIMMTECH Co., Ltd. (KOSDAQ: 222800) is a South Korean manufacturer of printed circuit boards for semiconductor and mobile device applications. The company has focused on developing and producing high-layer PCBs for semiconductors since its establishment in 1987, and its main product lines are module PCBs used for memory expansion and substrates used in semiconductor chip assembly. Product families listed by the company include high density interconnection (HDI) boards β€” SSD module PCB, memory module PCB, multi-layer module PCB and automotive board β€” and semiconductor package substrates (SPS) such as MCP/UTCSP, FC-CSP, SiP (System in Package), PBGA/CSP, BOC, FMC and automotive substrate.

HDI products are positioned by the company for servers, supercomputers, desktop and notebook PCs and automotive uses, while package substrates target mobile, smart mobile and IoT devices. SIMMTECH describes itself as a core packaging-substrate supplier to Tier-1 semiconductor customers, and states that its memory module PCB, BOC boards for DRAM packages and Embedded Trace Substrate were designated "World Class Products" by the Korean government. The group operates under holding company SIMMTECH Holdings Co., Ltd. (KOSDAQ: 036710), which was created in July 2015 when the company converted to a holding structure and changed its name.

Founding story

SIMMTECH traces its origin to August 1987, when it was founded as Chung-Buk Electronics; the first manufacturing facility was completed in September 1988 and the company adopted the SIMMTECH name in February 1995. [4][5]

Business model

SIMMTECH manufactures and supplies PCBs and semiconductor packaging substrates to semiconductor makers, memory and packaging companies under supply contracts and partner relationships, with production carried out at its own plants in Korea, China, Japan and Malaysia. [0][1][3][4]

Revenue derives from the sale of manufactured PCBs and semiconductor package substrates to semiconductor and electronics customers. [0][1][3]

Traction

Company records list escalating Korean Trade Day export awards from US$5 million (1990) to US$500 million (2011), supplier and partner awards from Samsung Electronics, SK hynix, Micron, SanDisk, Toshiba, STATS ChipPAC and Powertech Technology, and Xi'an production value exceeding 1 billion CNY in 2024. Quality and management certifications include ISO 9002, ISO 14001, QS 9000, IATF 16949 and ISO 45001. [4][5]

Latest developments

Group announcements and media links posted by SIMMTECH Holdings reference expectations for SOCAMM-related demand and analyst target-price revisions, a Samsung 'Excellent Partner' recognition for AI inspection automation in April 2026, and routine shareholder and fiscal-year disclosures. SIMMTECH's award history records an ISO 45001 certificate in December 2025 and the Xi'an operation exceeding 1 billion CNY in production value in December 2024. [2][5]

β–ΈFull profile β€” market position, technology, go-to-market, geography, history

Market position

The company presents itself as a global leader in PCBs for semiconductors and mobile devices and a core packaging-substrate supplier to Tier-1 semiconductor customers, having been selected as a Global Leading Products manufacturer (Memory Module PCB, BOC) by Korea's Ministry of Knowledge Economy and named a KOSDAQ 'Hidden Champion' and 'Blue-chip Company' by KRX. [1][4][6]

The company cites accumulated manufacturing competitiveness in high-layer PCBs, government "World Class Products" designations with what it describes as the world's largest market share for memory module PCB, DRAM BOC boards and Embedded Trace Substrate, and long-running technology alliances and patents in CSP/flip-chip build-up BGA structures. [1][4][5]

Technology

SIMMTECH produces high density interconnection PCBs designed for slimness, high-density integration and reliability, and semiconductor package substrates that route chip electrical signals to the mainboard. Technology areas include BGA and flip-chip build-up BGA (jointly developed with CMK of Japan), stacked wCSP package structures, plasma-based PCB cleansing, Embedded Trace Substrate and BOC boards for DRAM packaging, supported by a research center established in 1993 and an R&D center in Cheongju. [0][1][3][4][5]

Go-to-market

SIMMTECH sells directly to semiconductor, memory and packaging manufacturers, expanding through long-term supply contracts and strategic alliances; disclosed relationships include Samsung Electronics, SK hynix, Micron, SanDisk, Toshiba, Elpida, Nanya, STATS ChipPAC, Powertech Technology, LG Electronics, Samsung Techwin and Graphic PLC in the UK. [4][5][6]

Semiconductor memory makers, packaging and assembly houses, and electronics manufacturers; end applications span servers, supercomputers, desktop and notebook PCs, automotive electronics, mobile and smart mobile devices, and IoT devices. [0][1][4]

Geography

Headquarters and main operations are in Korea, with a Cheongju factory and an R&D center in Cheongju. Overseas manufacturing includes the Xi'an factory in China (俑泰甡子), the Chino factory in Japan (STG) and the SUSTIO plant in Penang, Malaysia. [1][3][4]

History

The business was established in August 1987 as Chung-Buk Electronics, the predecessor of SIMMTECH, and completed its first manufacturing facility in September 1988. A research center followed in 1993, a burn-in board line in 1994, and the company was renamed SIMMTECH Co., Ltd. in February 1995. Korea's first BGA production line was completed in September 1996. The company listed on the KOSDAQ exchange in January 2000 and expanded capacity through Factory #2 (1999), #3 (2003), #4 in Ochang (2005), #5 (2007) and #9 (2022). Overseas expansion included SIMMTECH HongKong Holdings and the Xi'an, China plant (established July 2010, full production June 2011) and the SUSTIO plant in Penang, Malaysia (full production May 2022). In July 2015 the company converted to a holding company structure and was renamed SIMMTECH Holdings Co., Ltd., with the holding company incorporating affiliates. [1][4][5]

Compiled by commissioned research from 8 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
KOSDAQ ticker (SIMMTECH Co., Ltd.)Jan 2026222800
KOSDAQ ticker (SIMMTECH Holdings Co., Ltd.)Jan 2026036710
Xi'an plant annual production valueDec 20241,000,000,000 CNY

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Timeline Β· 25

launches, deals, and filings
Apr 2026
Earned Samsung 'Excellent Partner' recognition for AI inspection automation achievements

source β†—

Dec 2025
ISO 45001 certificate acquired

source β†—

Mar 2023
Named 'Excellent Public Disclosure Company' by KRX

source β†—

Dec 2022
Factory #9 in full production

source β†—

May 2022
SUSTIO (Malaysia) in full production

source β†—

Jan 2018
IATF 16949 certificate acquired

source β†—

Jul 2015
Converted to a holding company; renamed SIMMTECH Holdings Co., Ltd.

source β†—

Dec 2011
Received US$500 Million Export Award on 48th Trade Day

source β†—

Jun 2011
SIMMTECH (XI'AN) Co., Ltd. in full production

source β†—

Sep 2010
SIMMTECH (XI'AN) raised US$30 million from investors

$30M source β†—

Jul 2010
Established SIMMTECH HongKong Holdings and China plant SIMMTECH ELECTRONICS (XI'AN)

source β†—

Jun 2008
Started large-scale supply to Toshiba

source β†—

Sep 2007
Factory #5 in full production

source β†—

Aug 2005
Factory #4 in full production (Ochang)

source β†—

May 2004
Contract with LG Electronics to supply build-up boards

source β†—

Dec 2003
Strategic alliance with STATS covering supply and investment

source β†—

May 2002
Joint development of flip chip build-up BGA with CMK of Japan completed

source β†—

Aug 2001
Strategic alliance with Tessera, Inc. of the U.S. for joint technology development

source β†—

Jul 2000
Strategic alliances with Rambus Inc. (US) and CMK (Japan) for joint technology development

source β†—

Jan 2000
Initial public offering on the KOSDAQ exchange

source β†—

Sep 1996
First BGA (Ball Grid Array) production line completed in Korea

source β†—

Feb 1995
Company name changed to SIMMTECH Co., Ltd.

source β†—

Jul 1993
Research Center established

source β†—

Sep 1988
First manufacturing facility completed

source β†—

Aug 1987
Established as Chung-Buk Electronics, predecessor of SIMMTECH

source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

β–ΈResearch sources Β· 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Simmtech do?
KOSDAQ-listed Korean manufacturer of semiconductor package substrates and high-density interconnection PCBs.
Who are Simmtech's investors?
Simmtech's investors include Atinum Investment Co. Ltd., Kiwoom Investment.