Pohang: The construction of the world's first mass production facility for chemical vapor deposition (CVD) graphene film, a key component used in advanced electronics and batteries, has been completed in South Korea, the industry ministry said Tuesday.

According to Yonhap News Agency, a completion ceremony for the plant owned by Graphene Square Inc., a domestic graphene film manufacturer, was held in the country's southeastern city of Pohang. This development marks a significant milestone in the production of graphene film, an ultrathin, continuous layer utilized in flexible displays, wearable electronics, and advanced batteries. The film is renowned for its flexibility, transparency, and high-quality electrical and thermal conductivity.

The establishment of the plant is anticipated to contribute to the economic growth of Pohang, a South Korean steel industry hub located approximately 270 kilometers southeast of Seoul. The Ministry of Trade, Industry and Resources expressed optimism that the facility will serve as a new growth engine for the region.

In a statement, a ministry official emphasized the pivotal role of graphene in determining the competitiveness of advanced industries. The official also pledged to implement measures aimed at fostering the growth of the graphene industry, underscoring the material's importance in future technological advancements.