ICD

Name

ICD

Legal name

주식회사 아이씨디 (ICD CO., LTD.)

Website

https://icd.co.kr

Company type

Public

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Display and Semiconductor Manufacturing Equipment

akta.pro primary industry

Etch & Strip Equipment (Dry/Wet/Ashing) (HDAHAEAC)

Keywords

• Plasma etching equipment
• Display manufacturing equipment
• Semiconductor advanced packaging
• OLED dry etcher
• Plasma activated water

Headquarters

HQ city

Anseong

HQ country

South Korea

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. Display Manufacturing Equipment: ICD designs and manufactures plasma-based equipment (Dry Etcher, Plasma Asher, Plasma Treatment, Thermal Evaporator) for flat panel display (FPD) manufacturing. Equipment sales include BDF Etch, Cu Ion Milling, Hybrid Bonder, and advanced packaging solutions. Revenue from equipment sales, installation, and related services to panel manufacturers.
2. Semiconductor/Advanced Packaging Equipment: Equipment for semiconductor manufacturing including BDF Etch for glass interposer/PLP, Cu Ion Milling for semiconductor applications, Plasma Asher for dry cleaning, and Hybrid Bonder for 3D IC integration. Used in HBM, 3D DRAM, chiplet, and advanced packaging processes.
3. Medical/Healthcare Products: Consumer products based on Plasma Activated Water technology. Includes Dr. Sanicle hand sanitizer (non-toxic, eco-friendly hand cleanser) and Joevo skincare brand (derma cosmetics). Products sold through company-owned e-commerce mall, YouTube/Instagram channels, and crowdfunding platform Wadiz.
4. ESC Equipment (via ICD Materials subsidiary): ICD Materials (아이씨디 머트리얼즈) manufactures and sells ESC (Electro-Static Chuck) equipment for AMOLED and LCD manufacturing, separated from ICD in 2018 as a separate entity.

Go-to-market motion2 records

Distribution channels5 records

Marketing channels7 records

Core offering

ICD designs and manufactures plasma-based manufacturing equipment — including ICP Dry Etchers, Plasma Ashers, Plasma Treatment systems, Thermal Evaporators, BDF Etch systems, Cu Ion Milling tools, Hybrid Bonders, NexPion R-wave etchers, and ALE Series atomic layer etchers — for global OLED/LCD display manufacturers and semiconductor advanced-packaging fabs. The company also sells consumer healthcare products (Dr. Sanicle hand sanitizer and Joevo derma cosmetics) based on its proprietary Plasma Activated Water technology through owned e-commerce, Naver Smart Store, and crowdfunding channels.

Product overview

ICD (아이씨디) is a plasma technology company serving three main business segments: Display Equipment, Semiconductor Equipment, and Medical/Healthcare. The Display Equipment division is the core business offering ICP Dry Etcher, Plasma Asher, and Plasma Treatment systems for OLED and LCD manufacturing. The Semiconductor Equipment division provides advanced packaging solutions including BDF Etch, Cu Ion Milling, Plasma Asher, and Hybrid Bonder, plus front-end solutions such as NexPion (R-wave Enhanced Plasma Etcher) and ALE Series for atomic layer etching applications. The EV Equipment division produces Research-Thermal Evaporator for small glass processing. The Medical/Healthcare division offers consumer products including Dr. Sanicle hand cleaner and Joevo skincare brand based on Plasma Activated Water technology. A materials subsidiary (ICD Materials) supplies ESC equipment for display manufacturing.

Differentiator

Problem solved

Functional benefit

Products and services

• ICP Dry Etcher ICP (Inductively Coupled Plasma) dry etching/ashing system that generates plasma within a vacuum chamber to etch thin film patterns and create electrical circuits. Optimized for OLED and LCD display manufacturing, supporting AMOLED, QD, LTPS, LTPO, Oxide-TFT, and TFT-LCD with high productivity, etch rate, uniformity, and low particle defects. Sold to display panel manufacturers.
• Plasma Asher (Display) Vacuum-based chamber system that uses RF power and process gas to generate plasma for physical-chemical dry etching and photoresist/residue removal from glass substrates. Applied in display panel manufacturing as a damage-free alternative to wet cleaning. Sold to display panel manufacturers.
• Plasma Treatment System Essential OLED production line equipment providing plasma treatment prior to evaporation. Includes models VT1500 (6GH), A400 (2G), A700 (4.5GH), and A750 (5.5GQ) for mass production. Sold to display panel manufacturers.
• Research-Thermal Evaporator Equipment specialized for small Glass Treatment, Organic deposition, Metal deposition, and encapsulation processes on glass substrates up to 200x200mm, with vacuum ranges from E-7 Torr (HV) to E-8 Torr (UHV) and source temperatures up to 1,800°C for metal deposition. Targeted at small OLED panel R&D and production.
• BDF (Build-up Dry Film) Etch Solution Display-process-validated dry etching solution for semiconductor glass interposer and panel-level packaging (PLP) applications. Features high productivity, etch rate, C/D control, uniformity (Within/Across), high MTBF, and low particle defects. Sold to semiconductor advanced-packaging manufacturers.
• Cu Ion Milling World's first dry etch solution for Cu, ITO, and IZO metal layers using ICD's proprietary high-density ICP plasma source, replacing wet etch. Features non-volatile byproduct control, redeposition suppression, high etch rate, selectivity, and low-damage metal-layer processing. Sold to semiconductor advanced-packaging and display manufacturers.
• Hybrid Bonder Advanced packaging equipment providing 1µm alignment accuracy with copper-copper direct bonding (oxide-free interface), low-temperature bonding, high throughput and yield, and void-free interface control. Used for HBM/3D IC hybrid bonding, chip-to-wafer, and chip-to-chip applications. Sold to semiconductor advanced-packaging manufacturers.
• NexPion™ (R-wave Enhanced Plasma Etcher) R-Wave Resonance-based next-generation precision conductor etching solution using efficient coupling of weakly-magnetized plasma to achieve high density and extreme-low-pressure (sub-mTorr) operation. Provides ion energy precise control for damage-free etch and coil current control for process uniformity/IED precision, targeting GAA, 3D DRAM, and HBM processes. Sold to semiconductor manufacturers.
• ALE Series (ULET-ALE, HT-ALE) Atomic Layer Etch solutions for next-generation devices combining high throughput with atomic-scale control. Includes ME-HRP hybrid plasma-based high-throughput atomic layer etcher and E-beam ULET ultra-low electron temperature atomic layer etcher for next-generation memory and advanced logic. Sold to semiconductor manufacturers.
• Dr. Sanicle (닥터사니클) Hand Sanitizer Hand cleaner product based on Radical Water (라디칼수), a new substance registered in ICID (International Cosmetic Ingredient Dictionary). Non-toxic to the human body, providing complete hygiene management with natural extracts and oils for skin moisturizing and calming. Targeted at health-conscious consumers seeking alcohol-free disinfection.
• Joevo (조에보) Derma Cosmetics Derma cosmetics brand based on Plasma Activated Water (플라즈마 활성수). Calming product line includes four products — Joevo Aurora Caming Ampule 8, Aurora Caming Ampule Cream 8, Aurora Toner 8, and Plasma Activated Water — certified for sensitive skin and acne-prone skin suitability. Targeted at health-conscious consumers and the 2030 demographic.
• ICD Materials ESC Equipment ESC (Electro-Static Chuck) equipment for AMOLED and LCD display manufacturing, produced and sold by the wholly-owned subsidiary ICD Materials Co., Ltd. (주식회사 아이씨디 머트리얼즈), which was established in June 2018 through a simple spin-off from ICD. Sold to display panel manufacturers.

Quantifiable outcome

• Plasma Activated Water maintains antibacterial effectiveness for 24+ months
• +3 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature10 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• 한국핵융합에너지研究院 (Korea Institute of Fusion Energy, KIFE)coreStrategic or Co-development Partner · 25 June 2021ICD signed a cooperation agreement with Korea Institute of Fusion Energy for the industrialization of plasma-bio fusion technology. The partnership involves technology transfer, joint research, clinical trials, information exchange, personnel exchange, shared research facilities/equipment, and academic exchange. ICD received technology transfer of 'high-pressure plasma torch reaction device and nitrogen oxide production method' and developed 'Radical Water manufacturing method' through collaboration with subsidiary Flarite.
• 아주대학교 의과대학 (Ajou University School of Medicine)coreStrategic or Co-development Partner · 25 June 2021Ajou University School of Medicine collaborated with ICD and Korea Institute of Fusion Energy on joint research to develop and validate Radical Water for skin-safe disinfectant applications. The research proved that Radical Water has sterilization/antibacterial effects without damaging normal skin cells, with effectiveness lasting 24+ months and demonstrated anti-virus effects against COVID-19.
• 三星顯示器 (Samsung Display)coreStrategic or Co-development PartnerMajor display equipment customer and strategic partner. Samsung Display has awarded ICD multiple supplier excellence awards (Best Partner 2009, 1st One awards in 2011, 2012, Crepas 1st One 2011). ICD supplies core plasma equipment for Samsung's OLED and LCD manufacturing.
• LG Display (LG디스플레이)coreStrategic or Co-development PartnerMajor Korean display manufacturer customer and strategic partner. ICD supplies plasma-based manufacturing equipment for LG Display's OLED and LCD production lines.
• 三星證券 (Samsung Securities)minorOthersICD uses Samsung Securities as the electronic voting and electronic proxy solicitation management system provider for shareholders' meetings, as per Korean law requirements.
• 한국거래소 (Korea Exchange)coreOthersICD is listed on KOSDAQ (since August 2011) and subject to Korea Exchange listing regulations and corporate governance requirements. ICD was designated as an investment warning stock due to internal accounting management system 'inappropriate' opinion, requiring enhanced disclosure and audit requirements.
• 삼일회계법인 (Samil Accounting Corporation)coreOthersDesignated auditor by Financial Services Commission starting from fiscal year 2024 for three-year appointment period. Provided 'appropriate' opinion on financial statements but 'inappropriate' opinion on internal accounting management system in March 2025.
• Flarite (플라리트)coreStrategic or Co-development PartnerICD subsidiary specializing in plasma-medical devices. ICD invested 750 million KRW in 2018 and additional 190 million KRW in 2019. Flarite collaborates on plasma-bio fusion technology product development including Dr. Sanicle brand products.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Charm Engineering: Korean KOSDAQ-listed manufacturer of display manufacturing equipment, including dry etchers, plasma treatment systems, and inspection tools. Direct overlap with ICD's ICP dry etcher and plasma treatment product lines serving Samsung Display and LG Display.
• Avaco: Korean display and semiconductor equipment manufacturer producing vacuum and plasma-based systems for OLED panel production. Comparable in size, Korean customer base, and process equipment focus on display fabs.
• Wonik IPS: Korean KOSDAQ-listed semiconductor and display equipment manufacturer specializing in plasma-enhanced CVD, etch, and inspection tools. Highly comparable as a Korean plasma-based equipment peer serving Samsung Display, SK Hynix, and Chinese panel/foundry customers.
• Jusung Engineering: Korean KOSDAQ-listed semiconductor and display equipment maker with overlapping exposure to plasma etch, CVD, and ALD for OLED and semiconductor customers. Closely comparable business model, customer overlap (Samsung Display, SK Hynix), and Korean small-cap equipment profile.
• APTC (Advanced Process Technology Corporation): Korean plasma and PECVD equipment maker focused on semiconductor and display fabs. Comparable as a niche Korean plasma tool specialist targeting similar customers and process steps (deposition, etch) for OLED/LCD and advanced packaging.
• Hana Technology: Korean KOSDAQ-listed display equipment maker producing dry etchers, coaters/developers, and inspection tools for OLED/LCD fabs. Direct head-to-head competitor in display etch equipment sold to Samsung Display and LG Display.

Broad incumbents

• Tokyo Electron (TEL): Major Japanese semiconductor and display equipment maker with strong etch, deposition, and coating systems. Competes with ICD across display etch and increasingly in advanced packaging tools at Korean and Chinese customers.
• Lam Research: Global leader in plasma etch and deposition for semiconductor and display manufacturing. Competes with ICD in dielectric and conductor etch at advanced nodes and is a primary benchmark for ICD's NexPion and ALE products.
• Applied Materials: Global semiconductor and display equipment leader with broad etch (Producer Selectra), CVD/PVD, and inspection portfolios serving OLED and advanced packaging customers. Represents the dominant incumbent ICD competes against in plasma etch and hybrid bonding.

Emerging players

• ASMPT (Advanced Semiconductor Materials and Technology): Global back-end equipment leader in hybrid bonding, packaging, and SMT that has expanded into advanced packaging via the DEK-TiN platform. Competes with ICD's Hybrid Bonder in HBM and chiplet bonding applications.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@joevo-official
• Instagraminstagram.com/joevo_paw_official
• LinkedInlinkedin.com/company/plasma-icd

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ICD