LG Chem, South Korea’s top chemical company, announced Monday that it has jointly developed a high-performance adhesive material with Japanese firm Noritake. The new product is designed for use in automotive power semiconductors.
According to LG Chem, the two companies created an advanced silver paste that bonds silicon carbide (SiC) chips to their substrates in automotive semiconductor devices. The paste improves heat resistance and thermal conductivity—two key factors in ensuring reliable performance under harsh conditions.
The silver paste combines LG Chem’s particle design technology with Noritake’s expertise in particle dispersion. Together, these technologies make the material more efficient at handling the high temperatures and energy loads found in automotive electronics.
“LG Chem has delivered customized solutions across various industries by leveraging its technological capabilities and expertise in materials design,” said Shin Hak-cheol, Vice Chairman and CEO of LG Chem. “This collaboration with Noritake strengthens our global competitiveness in the automotive adhesive market.”
The global market for silver paste used in semiconductors is expected to grow significantly, from 300 billion won in 2025 to 850 billion won (approximately $622 million) by 2030, according to LG Chem’s statement.
Noritake, a company with over 120 years of experience in ceramics, produces a wide range of products including tableware, industrial materials, and electronic components used in the automotive and electronics industries.
