TES Co., Ltd. manufactures and sells semiconductors, displays, and compound semiconductor equipment.
Business Segments
The company operates through several business segments, each contributing to its overall value proposition in the semiconductor equipment industry. The company’s primary business segments include semiconductor equipment manufacturing, equipment maintenance and support services, and investment activities through its subsidiaries.
The semiconductor equipment manufacturing segme...
TES Co., Ltd. manufactures and sells semiconductors, displays, and compound semiconductor equipment.
Business Segments
The company operates through several business segments, each contributing to its overall value proposition in the semiconductor equipment industry. The company’s primary business segments include semiconductor equipment manufacturing, equipment maintenance and support services, and investment activities through its subsidiaries.
The semiconductor equipment manufacturing segment is the core of the company’s operations. This segment involves the design, development, and production of advanced equipment used in semiconductor fabrication processes. The company’s equipment portfolio covers a wide range of applications, including deposition, etching, cleaning, and other critical processes required for the production of semiconductor wafers and integrated circuits.
The equipment maintenance and support services segment is managed through the company’s subsidiaries in China, specifically Xian TES Semiconductor Equipment Co., Ltd. and Wuxi TES Semiconductor Equipment Co., Ltd. These subsidiaries provide maintenance, repair, and support services for the company’s equipment installed at customer sites. The company’s service offerings include preventive maintenance, troubleshooting, spare parts supply, and technical support, ensuring that customers’ production lines operate efficiently and with minimal downtime.
The investment activities segment is managed through TES Investment Partners Co., Ltd., a wholly-owned subsidiary established in Korea. This segment focuses on corporate investment and management consulting services, supporting the company’s strategic growth initiatives and diversification efforts.
Business Strategy
The company pursues a business strategy centered on technological innovation, customer-centric service, and sustainable growth.
The company’s strategic focus on technological innovation is reflected in its significant investment in research and development. The company prioritizes the development of next-generation equipment that incorporates advanced technologies and addresses the challenges faced by semiconductor manufacturers.
The company’s customer-centric approach is evident in its commitment to providing comprehensive maintenance and support services. The company recognizes that the success of its customers depends on the reliability and performance of its equipment.
The company’s commitment to sustainable growth is demonstrated by its adherence to environmental and occupational health and safety standards. The company implements management systems in accordance with ISO14001 and ISO45001, ensuring that its operations are conducted in an environmentally responsible and safe manner.
Products and Services
The company offers a comprehensive range of products and services tailored to the needs of the semiconductor manufacturing industry. The company’s primary products include advanced semiconductor manufacturing equipment used in various stages of the semiconductor fabrication process. The company’s equipment portfolio covers applications such as deposition, etching, cleaning, and other critical processes required for the production of semiconductor wafers and integrated circuits.
In addition to equipment manufacturing, the company provides comprehensive maintenance and support services through its subsidiaries in China. The company’s service offerings include preventive maintenance, troubleshooting, spare parts supply, and technical support. The company also offers investment and management consulting services through its subsidiary in Korea.
Geographical Markets
The company serves major semiconductor manufacturing markets, with a particular focus on China and Korea. The company operates subsidiaries in Xian and Wuxi, China, which provide equipment maintenance and support services to leading semiconductor manufacturers such as Samsung Electronics and SK Hynix.
Subsidiary
The company’s recent corporate developments include the establishment of TES Investment Partners Co., Ltd. in Korea on April 1, 2024. This wholly-owned subsidiary is focused on corporate investment and management consulting services, supporting the company’s strategic growth initiatives.
Customers
The company serves a diverse customer base in the semiconductor manufacturing industry. The company’s major customers include leading semiconductor manufacturers such as Samsung Electronics and SK Hynix, who rely on its equipment and services for their production operations in China. The company’s customer base also includes other semiconductor manufacturers and related companies that require advanced equipment and support services.
Intellectual Property/Patents
As of December 31, 2024, the company holds a significant portfolio of intellectual property, including 162 domestic patents, 53 utility model rights, 215 trademark rights, and 1 design right. The company also holds 16 foreign patents and 7 foreign utility model rights.
Sales and Marketing
The company utilizes a direct sales and service model, supported by its subsidiaries in key markets such as China and Korea. The company’s sales and marketing activities are focused on building strong relationships with major semiconductor manufacturers and providing comprehensive solutions that address their specific needs.
The company’s marketing strategy emphasizes the quality, reliability, and technological superiority of its products and services. The company’s sales team works closely with customers to understand their requirements and provide tailored solutions. The company’s service network ensures that customers receive timely and effective support throughout the lifecycle of its equipment.
Environmental Laws
The company has implemented environmental management systems in accordance with ISO14001 and occupational health and safety management systems in accordance with ISO45001.
History
TES Co., Ltd. was founded in 2002.