“We will be the advanced material company
of incomparable technology.”

Poongwon Precision has been focusing on the development of display key materials using foil metal processing technology since the establishment in 1996. As the speed of display technology changes is getting faster, the importance of material parts is becoming bigger. The reason why Poongwon Precision is recently attracting great attention in the market is that we are developing, mass-producing, and supplying OMM (Open Metal Masks) and Metal Foils, which are key materials of OLED (Organic Light-emitting Diode) manufacturing process, purely with domestic technologies.

Especially in 2017, we succeeded in the development of the mobile FMM (Fine Metal Mask) that uses metal foil thinner than paper. Since then, we have been actively targeting the FMM market, which is a high value-added business area monopolized by Japanese companies.

Poongwon Precision, with its incomparable technology, has been pioneering high value-added business areas and is equipped with excellent R&D manpower. We not only passively supply products to customers as per their needs but are being recognized in the industry with active R&D of developing and proposing innovative technologies that can improve the manufacturing process.

The power of technology development comes from talented manpower. Poongwon Precision does not only strive endlessly for the growth of customers but also never stops supporting the growth of employees. We promise to become an enabler as well as a partner of technology development for customers and at the same time, a strong supporter for 150 employees of Poongwon Precision.

Myeonghun, Yu, the President, who majored in Polymer Synthesis in graduate school, established Poongwon Precision with his father in 1996 when he was learning the family business at Poongwon Chemicals, which was run by his father. He is leading the corporate growth not only in R&D but across all areas of business from planning to sales.

Myeonghun, Yu, President
Bachelor’s and Master’s degrees
in Chemical Engineering, Hanyang University