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By Kim Bo-eunNepes, a leading firm in packaging and test services for semiconductors, have racked up a series a firsts in the parts and materials industry.It became the first local company to commercialize fan-out wafer level packaging and also became the world's first company to commercialize panel-level packaging. In addition, it is the first in the industry to mass produce neuromorphic chips used to model the human brain.(the rest omitted)[Source = The Korea Times   http://www.koreatimes.co.kr/www/tech/2021/03/129_305102.html]

Eyes are on local SMEs manufacturing high-tech materials, components and equipment amid expectations of a super cycle for semiconductors this year and scaled-up government support.The semiconductor equipment market is expected to grow to $71.9 billion in 2021, up 4.3 percent from $68.9 billion in 2020. The market is forecast to grow to 76.1 billion in 2022.(omitted)NepesAlso among promising players is Nepes, a leading outsourced semiconductor assembly and test (OSAT) firm.OSATs offer third-party packaging and test services for semiconductor firms. They package silicon devices that are made by foundries and test devices prior to shipping them to the market. Their role comes in the end stage of semiconductor manufacturing process after the wafer fabrication and wafer probe stages.(the rest omitted)[Source=The Korea Times https://www.koreatimes.co.kr/www/tech/2021/01/129_302020.html]

Upgrade business competitiveness to the next level with high reliability fan-out packaging technology Nepes(KOSDAQ: 033640), one of the top tier advanced packaging service providers, licenses advanced packaging technology from Deca Technologies and take over semiconductor packaging line. Nepes announced on 1st Oct., they have decided to license the advanced packaging technology M-Series and take over the semiconductor advanced packaging fab from Deca Technologies. Nepes will acquire Deca's wafer level chip scale production line including Fan-out wafer-level packaging(FOWLP) in support of active customers as well as enter into a technology license agreement. FOWLP is an innovative back-end technology in semiconductor manufacturing as the evolution of wafer fab technology is currently slowing down. The FOWLP is applied to advanced semiconductors enabling high integration and superior thermal dissipation characteristics and is a fast growing market with revenues expected at around $3B in 2025. FOWLP market has a high entry barrier. There are only 4 OSAT(Outsourced Semiconductor Assembly and Test) companies with FOWLP mass production ability globally including Nepes. Nepes with plans to gain 10% of the market share within 5 years of this acquisition. Nepes is currently strengthening its portfolio to gain leadership in logic chip packaging market. In particular, Deca's FOWLP technology(M-Series™) provides high reliability, ideal for mobile chipsets with enhanced chip protection and stability. Nepes said, "This technology including M-Series™ and Adaptive Patterning™ will create strong synergy with Nepes own Panel Level Packaging(PLP) and FOWLP technology growing our leadership in advanced packaging by actively expanding Korea's ecosystem development strategy for the logic chip industry." ----------------------About NepesFounded in 1990, Nepes is a packaging solution provider in system IC. Started with chemical business, acquired US patent for solder bumping technology for semiconductors in 2004. Nepes commercialized for the first time in Korea, Plating bumping, WLP(Wafer level packaging), FOWLP(Fan-out Wafer level packaging) and PLP(Panel level packaging) technology. Providing FOWLP service to global No.1 Automotive chip maker since 2015 and enhancing PLP service leadership in global OSAT market.

SEOUL, Korea July 12, 2015 As a leading Korean semiconductor wafer level packaging solutions provider, nepes has been shipping automotive components packaged by FOWLP in HVM (High Volume Manufacturing) mode in accordance with German automotive makers'qualifications. nepes is gearing up for mobile RF products with an ultra-thin profile range of 200~300 μm. nepes has a proprietary feature of an embedded Cu plane inside their FOWLP as an option enabling thin profiles of less than 300 μm and possibly serving as the critical element enhancing electrical and thermal performance.nepes has been focusing on Fan-Out Wafer Level Packages (FOWLP) since 2009, offering advanced packaging solutions based on wafer level platforms, rather than conventional packaging. A big potential of Fan-Out Packaging has recently been recognized by the industry. "nepes is driving ourselves to provide value-added solutions to customers through Fan-Out WLP (Wafer Level Package) in terms of high performance, small form factor, and more importantly, integration. nepes will not overlook the cost effectiveness as Fan-Out WLP will have to compete with plastic packages like QFN, FCBGA, WLP and wire bond, and bumped types of System in Packaging (SiP)," according to nepes.nepes also successfully introduced its Via-Frame Fan-Out PKG (FOP) on a 300mm panel platform, which enables the chip to be face-up for biometric sensor applications and multipackage stack solutions.Furthermore, with capability of multiple redistribution metal layers up to 4, multiple dies embedded with dozens of passive components are integrated into a single FOWLP. This offers the simplicity of the system board design for system makers. It also allows fast development and time to market to customers where not only mobile, but also IoT, smart and electric car, and medical applications are perfectly matched. It is being commercialized now and the production information will be available soon.

MessageThank You & Happy New Year !!!My superstar,First of all, I'd like to say thank you very much for our last year's achievement in the face of new year like sun rising.Last year, we made outstanding growth on sales and finance. And also in spite of increasing uncertain and very rapid change of the business environment, we invested 62.4 billion won on the equipment and 9.4 billion on R&D and created new employment of 308 people for sustainable growth.Meanwhile, to realize the one of our company's mission, "The ends of the earth, contributing to regional development with providing products and services", we are building the LED manufacturing plant in Russia as well as built the semiconductor plant in Singapore.In addition, we boosted significantly brand awareness of nepes, for example, we won as a sustainable growth corporate by ministry of knowledge economy, national R&D project and consortium HRD ability magnified program.Such performance was achieved with all of our fruits with patience, passion and sweat.n family!Our business goals of this year are more than 60% of actual growth, through investment of 74 billion won on equipment, 11.7 biliion won on R&D, creation of new 500 jobs and also building a dormitory with a day care child center. We have hope, dream and Vision which are the highest gain of corporate value and individual growth.My superstar!!To achieve our business goal through making the unprecedented business environment this year steppingstone, I'd like to share new year's management policy focusing nepes 3 mission.First, weneed to realize quantum leap.This year, we will obtain the order from market and customer with accumulated technology. Quantum leap is not about knowledge and technology but about carrying out the full the belief and confidence.Under the demand and chance by global big customers, let's respond to their demand and supply enough through the quality of growth which is innovatively increasing productivity of labor and capital.My superstar!!The year will be the highest gain by accumulated technology of nepes.Don't be afraid of environment like financial crisis and global economic recession.Have a self-confidence,Think simply and clearly,Take a speedy actionLet's make the nepes's community which has the practical power to share the fruit of a seed.Second, we should still more advance to globalization.We plan to acquire a high-tech semiconductor plant in Japan and build LED manufacturing and semiconductor plant in china, followed by semiconductor plant in Singapore and LED manufacturing plant in Russia this year.Above all, it is first case that the Korean company operates the highly advanced semiconductor plant in Japan so would be risky with opportunity. But to realize one or our mission "The ends of the earth, contributing to regional development with providing products and services", we will challenge with no the difficult environment but the bright opportunity. On the other hand, many global companies are struggling in china market, but we'd like to also advance into china market withindomitablewillpowerDear N family!!!Through this globalization, we need to expand our mind, thinking and our life of boundary as well as business boundary more broadly, deeply and highly. So let's become a global leader respecting diversity and difference.Third, We should keep building the healthy financial structure.To sustain the growth, the company should keep maintaining the healthy financial structure through the business restructuring. Even though some of relatively new subsidiaries haven't fixed their target market, they have to realize the financial innovation to make profit on their income statement within Q2. Relatively smaller subsidiaries should make internal and external collaboration to double their scale of business and obtain the solid business structure.Dear N family!!Let's block out the grasshopper complex which means avoiding new challenge and the complacent about the unchangeable mind. Let's make strong business infrastructures through filling up the crevasse between the ideal and the actual target by the self-perception as superstars, together.Finally, we shouldspread the internal positive psychological capitalTo achieve the business plan through realizing above mission statement, we should spread thepositive psychological capitalas a company's forth capital. Obtaining the positive psychological capital is one of the driving forces to achieve the higher performance and the inimitable competitiveness source. In the other words, we have to have the solid team sprit which can let drive ourselves to the target together, based onthe trust of each internal men power. These make us be able to use the environment of uncertainty and fast-paced business, as a business opportunity.Today, I am announcing the Team Sprit 3.7.3which will be based on the internal trust, communication and collaboration as a this year's organizational culture and acting up nepes's company life principles, in this year.Dear, n familyFirst, TeachingTeaching and spreading over three knowledge and wisdom.Second, keeping on writing a gratitude journalKeeping on writing seven gratitude a day on my journal for myself and my family.Third, enjoying gladding to achieveEnjoying three times a day of joy by playing a leading role of the business.Let's make 3.7.3 movement of life, reborn as a high-class talented person and a masterpiece company and leading the many companies, as a helmsman in the industry.My superstarWe put our mind to pray earnestly for nepes which experiences of gratitude and joy with anointing of God with great grace everyday who helps in the time on all of us in the home and workplace of nepes, this year again.

Superstar!Dear members of NEPES!The first morning of Jeonghae Year, the year of the golden pig, said to come once every 600 years, has dawned. Greeting the New Year full of hope and expectation, I hope that all of the executives and workers and your homes are blessed with health and happiness.Looking back at the last year, the company achieved growth of over 30 percent, despite many difficulties. In addition, the company developed new products such as functional chemicals, Biotechnologies and coatings, which will become our future driving force. We operated our factory in Singapore, established new visions and have steadily practiced T-management based on the accomplishment of our goals and managerial ideologies. In 2006, NEPES won the Silver Tower industrial medal granted to the best performing venture businesses, a first for a component material maker.I want to thank all the executives and employees for these favorable results in 2006. Without your devoted efforts, NEPES could not have achieved its present status. And similarly, if you had not recognized, trusted and believed in me, I couldn't have been an effective CEO. I especially want to offer my heartfelt gratitude to all members of NEPES, who have worked passionately, if invisibly, with a strong sense of duty and an unyielding spirit.For us, the year 2007 is very important in that we will be preparing a stepping stone from which we can accomplish our vision of `` an organization advancing the future.'' However, we expect to continuously be faced with a number of obstacles that will hinder our growth in the coming year. So many obstacles will be waiting for us. The value of our currency is soaring, our customers are continuously pushing forward vertical integration, an increasing number of competitors are emerging, and the political atmosphere is unstable due to North Korea's nuclear weapon programs and the presidential election. To wisely overcome these difficult managerial conditions, and to continuously develop by using them as opportunities to grow, I am going to select the following as my key words for management in 2007.First: self-innovation or creative innovation.To be able to take the shocks that are coming up as an opportunity, it is important for us to lighten our bodies. By utilizing indexes such as ROA and ROI, we should maximize the efficiency of the operation of our resources, such as investment, inventory, costs and manpower, and enhance our competitive edge through innovating in the non-cost aspects of competition.In addition, by introducing and making use of the 6 sigma method to improve our capacity to cope with the changes in business environment, we will more practically build a risk management system, steadily secure the future driving forces and daringly push them forward. To this end, we will expand new business which can generate synergies with existing ones in multiple ways, and advance the business structure by securing more than three new products for each business in preparation for the future through expanding applications based on already introduced new products and our technologies.Second, expansion of the culture of execution-oriented Culture.Even if we have broad knowledge, it is dead knowledge if we don't practice it. For creative innovation, all members should be able to speak to each other frankly regarding obstacles by joining the work sites, actively setting up plans and preparing solutions together. We should become really creative members of NEPES, who always have a critical mind that asks ``Why?'' more than three times, and make new things after digging deeply into the essence of our duties. To spread the culture of execution-oriented Culture, it is necessary for us to understand management and the purpose of driven life. Even those with high abilities and special passions may experience negative changes to their entire life if they have the wrong way of thinking in terms of being considerate of others. We know this too well. As good reasons give birth to good results, all members will realize the real value and meaning of the life only when they make the utmost effort to produce good results.Leaders of new business organizations, in particular, should know that they can get help from the people who surround them only when they do their best sacrificing themselves. Only through experience and knowledge, obtain at the work sites in the process of working hard, can they have a sense of confidence and feel happiness and satisfaction.Third, expansion of global talent.This year, we plan to step up education to prepare for the future by building middle managers into global talents through strengthening their capacities. For this purpose, we will supplement our systems of evaluation and education, and operate programs to cultivate core talents. We will then help executives and managers widen their personal relationships, and correctly understand members in and outside of the company, and the pool of human resources and the business as well. We will also practice T-management by stationing people in the appropriate position. Additionally, we will reform the personnel system according to the principle of T-management by reestablishing a transparent, fair and predictable evaluation and compensation system, slimming down the organization and building a self controlling organizational structure, in which every member of the company exactly knows his or her responsibilities and rights.To carry out the above-mentioned three keywords will bring us mental and material abundance, and will help us form more decent personalities and give us acute foresight. In addition, we will be able to find the values and meanings of life, and will feel the overwhelming growth we have achieved.Dear members of NEPES!We will have to try to attain the top competitive edge by further developing differentiation strategies that center around our current core capacities, and by strengthening our new driving forces through ceaseless efforts. This year, the company will daringly invest in R&D, education and informatization to expand production facilities and growth potential, and further strengthen marketing and R&D through expanding global networks. As well, we will certainly supplement various systems to perfect the T-management system. Finally, I pray to God so that all of your own hopes will be achieved, and your homes will be full of happiness and health.I'll serve you !!Thank you.Jan. 2, 2007Chairman Byung-gu, Lee

NEPES held a ceremony, ‘T-management declaration', on May 2, 2005, with B.K. Lee, CEO, the president of NEPES as the central figure, all members of local branches each division through video conference system.In this event, B.K. Lee said, in the workshop for directors was held on the end of March, we reconfirmed and have practiced our management philosophy, ‘Serving Life, Challenging Attitude, and Gratefulness', also, I think the current our business divisional management scheme has a limitation for leaping toward a global company and enforcing our competitiveness. So, to overcome this limitation, I introduced Collaborative management as a new management scheme and launched newly to reach our goal, ‘Organization that brings in the future'.Additionally, B.K. Lee emphasized on if all members of NEPES family share the meaning of our management philosophy and practice it with growing our competitiveness, NEPES could be a sound company, 2010.Dear Nepes Family Members!On 1 April, I announced the T-Management during the workshop held at Kunshan , China , which was organized for all the Directors from NEPES and all our overseas offices and affiliates. T-Management refers to accompanying, Collaborative Management . The present form of working alone or interacting only within the same department will have limitation in the growth of the company. We have to work hand in hand in order to overcome this limit and to achieve higher goal.NEPES family will constantly develop and overcome the limitation of growth when we try to closely understand what and how other departments work and extend our full support. T-Management is to think of others' problems as mine and extend our help to them. T-Management starts from the correct understanding of the company's identity i.e. management philosophy. Serving life is to satisfy not only customers and neighbors' needs and tastes but also endure hardship during the course of our work. In order to serve our customers at our best, we certainly need to grow. However, we cannot achieve our target all by ourselves. This is possible through T-Management. We have to develop our capability and competency in order to better our serving life. Everyone should not cease to take up the challenge to try new things with passion and develop one's expertise through education and training. This is the Challenging Attitude . However, it is very difficult to figure out where and how we should challenge in today's information overflow. To find that out, we must possess the insight and foresight and these abilities come only when we have a healthier mind. We must cultivate the habit of having a Gratefulness to be part of our life to have healthier mind.Dear NEPES Family! Expert opinions might vary but we can generally define our objective in life into 5 factors, namely Work, Training, Networking, Guidance, and Spiritual Life . Work forms the core part of our life, and an organization is required as there is a limitation to working alone. Training is necessary to enhance one's character and improve the quality of work and nothing is more important than networking to get the job done. Networking refers to forming a personal relationship and maintaining it. It is important to develop intimate relationships and genuine motive is required for that. In order to attain a true relationship, one must have the interest of the other party at all times and thus, open one's mind to different values and learn to accept mistakes made by others. Human beings are weak in nature and therefore have the tendency to choose the wrong path in life. We have to watch over others so that they do not take the wrong path. This is Guidance . Now, one can commit sins or lead a false life. One must have a strong mind in order not to commit sins to live an honest life. Spiritual Life plays an important role for one to have a strong mind so that he will not commit any sins and live an honest life. To achieve success in life, 5 factors just mentioned will have to balance among one another. We have to be able to think the way management philosophy is linked with objectives in life. Objectives in life will be attainable by practicing the management philosophy.Dear NEPES Family Members!In the New Year Message, I highlighted 『 Cost, Speed, New Things 』 as the keywords of Management for year 2006. These 3 keywords are the foundation of competitiveness. We will lose out in the competition if any one of them is missing. We have to devote all our efforts in securing cost competitiveness, speed competitiveness, and competitiveness for new things in order to survive in the competition and for continuous growth. Lastly, I would like to take this opportunity to highlight three strategies that we have to put into practice in the long term.First is the Creation of Product Value. Creating product value refers to innovation of values such as performance, design, and quality, and it also refers to Product Technology that can create new products that are suitable for this era and environmental changes, Production Technology that improves the quality yet lowers cost with zero defect technology, and it also refers to the reform of Sales Technology through cultivating marketing-oriented sales force by innovating productivity. In this age of limitless competition, speed is the key competitive edge. Speed means efficiency as well as productivity and we need to create awareness that it also equals money. We can only survive the competition when the productivity increment speed overtakes wage increment speed.Second is the Maturity of Human Value. This is about all the employees and executives, as a global talent, improve core quality and provide value to the organization in terms of job capability and commitment to work. They should nurture their characters with modesty, gratitude, honesty, and morality and also learn wisdom of life such as frontier mindset, Win-Win strategy, pre-accumulation post-thrust etc., and need to develop intangible assets such as brand, respect, trust and transparency as well.Third is the Creation of Advent Future. To achieve this, we will work towards building an organization with high performance, continuously pursue changes, and accumulate social capital such as Strategic Alliance, M&A, Outsourcing, and Networking and thus implement Strategic Management. With a mid-term goal set to 『 Rank in Top 100 Domestic Companies 』 by the year 2010 and a vision of 『 Organization that Advances the Future 』 , I am confident that we can fulfill our goals if we thrust forward with T-Management and execute the three strategies and management philosophy.Dear NEPES Family!NEPES will change company regulations, system, rule, and working method on a large scale according to the T-Management. We shall leave individualism and group egoism a history and try to break down the barrier between individuals and departments. Changes will lead us to some sacrifices, even sufferings but it will give one a sense of accomplishment that was worth to try. Let us change starting with myself, our department, and our divisions. Let us all move towards one direction with a challenging attitude and try not to be easily contented. Let us not forget this day, this moment. Let us remember this moment when we rejoice for achieving our goal. Let us march forward to a prosperous and aspiring future.Thank you.2 May, 2006Chairman, Lee Byung Koo