Doosan Corporation Electro-Materials

What Doosan Corporation Electro-Materials does

Doosan Corporation Electro-Materials (두산 전자BG) is a South Korean electronic materials manufacturer and wholly-owned Business Group within Doosan Group, founded in 1974 as Korea Oak Industries and rebranded under Doosan in 1986. The company's core business is the manufacture of Copper Clad Laminate (CCL) and Flexible Copper Clad Laminate (FCCL) — the insulating substrates laminated with copper foil that serve as the foundational material for printed circuit boards used in smartphones, tablets, IC packages, network equipment, and automotive electronics. The firm operates four Korean manufacturing sites (Jeungpyeong, Gimcheon, Iksan, Gimje) plus overseas facilities in Changshu, China and Haiduong, Vietnam, and supplies 137 customers across 21 countries.

The product portfolio has expanded beyond commodity CCL/FCCL into three advanced product lines: (i) Patterned Flat Cable (PFC) for EV battery sensing, produced via the world's first roll-to-roll manufacturing process; (ii) 5G mmWave antenna modules supporting 26/28/39 GHz with integrated 32-array beamforming and pre-calibrated beambook memory; and (iii) MEMS timing oscillators, including the world's first dual-output device from a single MEMS structure. The company holds IATF 16949, VDA 6.3, and TISAX certifications for automotive-grade supply, alongside ISO 9001, 14001, and 45001 across all production sites, and was recognized with a CES 2022 Innovation Award for its automotive materials.

The business model is direct B2B sales of engineered materials to global tier-1 electronics and automotive manufacturers, with pricing conducted through private inquiry rather than disclosed public pricing. Revenue is generated entirely from hardware sales — primarily CCL/FCCL volume — with the company reporting approximately 950.4 billion KRW in 2022 revenue (~9,504 억원). The company does not publish headcount or post-2022 revenue figures in the source data. GTM is sales-led with website inquiry forms, multi-language support (Korean, English, Chinese, Japanese), and industry-event presence (CES, ESG report publishing). Customer service is augmented by in-house engineering simulation capabilities (warpage, heat dissipation, electrical signal integrity) used to support material selection and integration.

Name

Doosan Corporation Electro-Materials

Legal name

주식회사 두산 전자BG

Website

https://doosanelectronics.com

Company type

Private

Founded year

1974

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Doosan Corporation Electro-Materials (두산 전자BG) manufactures copper clad laminates, flexible copper clad laminates, and advanced electronic materials for global tier-1 electronics, semiconductor, 5G/6G, and automotive manufacturers, supplying 137 customers across 21 countries from facilities in Korea, China, and Vietnam.

Ownership category

akta.pro rank

Product category

Electronic Materials

NAICS

Communication and Energy Wire and Cable Manufacturing (33592), Laminated Plastics Plate, Sheet (except Packaging), and Shape Manufacturing (326130)

SIC

Printed Circuit Boards (3672), Electronic Coils, Transformers & Other Inductors (3677)

akta.pro primary industry

PCB Materials & Laminates (Copper Clad, Prepreg, Cores) (HDAHAOAJ)

akta.pro secondary industry

Wiring Harnesses & Pre-Fabricated Assemblies (IMADAMAN)

Keywords

• Copper clad laminates
• Flexible printed circuit substrates
• Electronic materials manufacturing
• PCB substrate materials
• Automotive electronic materials

Headquarters

HQ city

Seoul

HQ country

South Korea

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. CCL/FCCL Sales: Primary revenue from Copper Clad Laminate and Flexible Copper Clad Laminate products for PCB applications in smart devices, IC packaging, networks, and automotive sectors.
2. New Business Materials: Revenue from emerging product lines including PFC for EV battery sensing, 5G antenna modules, and MEMS timing solutions targeting automotive, IoT, and telecommunications markets.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Doosan Corporation Electro-Materials manufactures Copper Clad Laminate (CCL) and Flexible Copper Clad Laminate (FCCL) used as substrate materials for printed circuit boards in smartphones, IC packaging, network equipment, and automotive electronics. The company also produces Patterned Flat Cable (PFC) for EV battery applications, 5G mmWave antenna modules, and MEMS timing solutions for telecommunications and automotive customers.

Product overview

Doosan Corporation Electro-Materials operates as a copper clad laminate (CCL) business unit within Doosan Group, providing advanced electronic materials for the semiconductor and automotive industries. The company offers two core product lines: CCL and FCCL (flexible copper clad laminate), which serve as fundamental materials for PCBs in smart devices, IC packaging, network equipment, and automotive applications. Additionally, the company has expanded into new business areas including 5G antenna modules for mmWave communication, MEMS timing solutions for IoT and automotive applications, and patterned flat cables (PFC) for EV battery systems. The portfolio spans from base materials (CCL/FCCL) to advanced components (antenna modules, timing solutions) and application-specific products (PFC for automotive).

Differentiator

Problem solved

Functional benefit

Brands

• CCL (Copper Clad Laminate): Core product line of rigid and flexible copper clad laminates for PCBs
• FCCL (Flexible Copper Clad Laminate)
• MEMS Oscillator
• 5G mmWave Antenna Module
• PFC (Patterned Flat Cable)

Quantifiable outcome

• Manufacturing capacity and global reach: 137 customers across 21 countries

Named customers2 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators4 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• ITEQ Corporation: ITEQ is a Taiwanese CCL manufacturer focused on high-end and specialty laminates including high-speed digital and IC substrate materials. It competes with Doosan in high-performance CCL segments for networking and semiconductor packaging.
• Shengyi Technology: Shengyi Technology is China's largest CCL producer with comprehensive coverage of rigid, flexible, and high-speed digital laminates. It competes head-to-head with Doosan in 5G, automotive, and consumer electronics CCL applications and represents a key volume competitor.
• Resonac (formerly Showa Denko Materials): Resonac is a major Japanese manufacturer of CCL and high-end PCB materials, including packaging substrates and specialty laminates. It is one of the closest direct competitors to Doosan's CCL/FCCL portfolio and competes in similar applications across semiconductors, mobile, and automotive electronics.
• Rogers Corporation: Rogers Corporation specializes in high-frequency PCB substrate materials for 5G, aerospace, and automotive radar applications. It is directly comparable to Doosan's high-frequency CCL and 5G mmWave materials portfolio serving next-generation communications.
• Arisawa Manufacturing: Arisawa is a Japanese specialty manufacturer of FCCL, flexible printed circuits, and display-related materials. It is a focused direct peer to Doosan's FCCL business, particularly for mobile and display applications.
• Panasonic Industry (Electronic Materials): Panasonic Industry's Electronic Materials division manufactures CCL, FCCL, and other PCB substrate materials. As a diversified Japanese electronics conglomerate with substrate exposure, it is directly comparable to Doosan's CCL/FCCL business across consumer and automotive applications.
• Mitsubishi Gas Chemical: Mitsubishi Gas Chemical is a leading Japanese producer of CCL and BT resin-based packaging substrates. It competes with Doosan in IC package substrates, high-frequency materials, and advanced PCB applications, making it a highly comparable peer in core CCL and specialty materials.
• Kingboard Laminates: Kingboard Laminates is one of the largest Chinese CCL manufacturers with a broad portfolio of rigid and flexible laminates. It is a direct competitor to Doosan in commodity and mid-range CCL grades serving global PCB fabricators.

Emerging players

• Nitto Denko: Nitto Denko manufactures flexible substrates, adhesive films, and electronic materials including FCCL-adjacent products. It has meaningful overlap with Doosan's flexible materials business and is expanding in advanced electronic materials.

Broad incumbents

• DuPont Electronics & Industrial: DuPont's Electronics & Industrial segment offers flexible circuit materials, laminates, and specialty substrates. As a diversified materials incumbent with overlapping but broader electronic materials portfolio, it is a broad incumbent peer rather than a focused direct competitor.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/DoosanCorporationElectroMaterials
• LinkedInlinkedin.com/company/doosan-electro-materials

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries2 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 Doosan Corporation Electro-Materials