True
SK Materials and Furukawa Electric have agreed to cooperate in the materials business for AI semiconductors, the two companies announced.
SK Materials, a subsidiary of SK Group specializing in industrial materials, and Japan's Furukawa Electric will work together on the AI semiconductor materials business, according to announcements from the companies and coverage in Korean industry media.
The collaboration comes as demand grows for advanced materials used in AI chip production, where both companies hold established positions in their respective fields.
Furukawa Electric published the news through its official release channels, and Korean outlets including ET News and Asia Economy reported the partnership on October 28.
SK Materials supplies specialty materials to the semiconductor industry, including to affiliate SK hynix, a major producer of HBM and other memory products central to the AI hardware supply chain.
The specific scope of the cooperation — including any joint investment, supply agreements, or technology-sharing terms — was not detailed in the available materials.
The claim is rated as follows. Verdict: True