DS Hi-Metal is planning to start operations of its tin factory in Myanmar this year, TheElec has learned.
It will use the tin produced from the factory to manufacture its own solder balls starting in 2023, sources said.
DS Hi-Metal manufactures mostly solder balls that are used in semiconductor packaging.
The balls are used to connect electric signals between the semiconductor and the board and are mostly made out of tin with the addition of other materials such as silver or copper.
The South Korean company had been procuring tin from Indonesia through a trading company based in Ulsan, South Korea.
But if formed a subsidiary called DS Myanmar in June 2019 based in Myanmar to start procuring the raw material on its own.
The coup in Myanmar has caused the new factory to delay starting operations. It began producing tin late last year.
DS Hi-Metal is aiming to manufacture 1.5 million metric tonnes of tin per month.
The company is also planning to sell some of the tins it produces at the factory in Myanmar.