Kwon Hyung-taek, chairman of the Technology Guarantee Fund, conducted his first on-site visit to a company since taking office, where he listened to the regulatory challenges faced by a power semiconductor manufacturer.
The Technology Guarantee Fund announced on September 9 that Kwon visited GMJ Co., located in Gijang-gun, Busan, on September 8, to hold a business meeting.
This meeting was organized to hear directly from companies that must outsource parts of their manufacturing processes due to uniform restrictions on business types within industrial complexes, and to examine the impact of regulations on actual manufacturing sites. Kwon, accompanied by regulatory innovation experts, confirmed the difficulties faced by companies, such as increased production costs and extended production periods, and discussed the need for reasonable improvements to entry regulations.
GMJ Co. is a small but innovative company that utilizes copper clips and ultrasonic vibration bonding technology to develop next-generation power semiconductor packaging technology, which reduces power loss and enhances heat dissipation performance. The company has received recognition for its technological competitiveness, winning the 'IR52 Changyung-sil Award' in 2024 and 2026, and the 'Million Dollar Export Tower' in 2025, as well as being selected for the 'Innovation Premier 1000.'
The Technology Guarantee Fund has highly evaluated GMJ's technological capabilities and growth potential, providing financial support for the development of power semiconductor packaging process technology and product mass production. This includes tailored guarantee support linked to government research and development (R&D) special guarantees and Busan's secondary battery financing.
After the on-site meeting, Kwon expanded communication with members of the organization by meeting with employees from the Busan-Ulsan-Gyeongnam and Daegu-Gyeongbuk regional headquarters, gathering opinions on organizational culture, work issues, and safety and health matters. Kwon was appointed as chairman of the Technology Guarantee Fund in July.
Kwon stated, "Through my first corporate site visit since taking office, I was able to hear directly about the challenges companies are facing and to see what support is needed on the ground. The Technology Guarantee Fund will continue to listen to the voices from the field and strive for institutional improvements and effective support that companies can truly feel."
* This article has been translated by AI.
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