[eDaily Reporter Kang Kyung-rae] HANMI Semiconductor (042700), a semiconductor equipment company, announced on the 27th that it would change its sales target for this year to 390 billion won (USD 330 mil), up 26% from the originally proposed 308 billion won. (USD 261 mil)

Dongshin Kwak, Vice Chairman of HANMI Semiconductor, said, “As we enter the era of the 4th industrial revolution, such as smart devices, wearable devices, 5G infrastructure, and metaverse, demand for semiconductors is rapidly increasing, from the first half of this year, TSMC, the world's largest semiconductor foundry (consignment production) company, announced its investment plan. Recently, large-scale investments by global semiconductor companies are increasing competitively, such as an investment declaration to secure Samsung Electronics' semiconductor business leadership and an investment announcement to build a semiconductor plant in the US intel Arizona. As a result, investment in OSAT (packaging and testing) companies is expected to increase as well.”

He continued, “As we succeeded in localizing micro SAW equipment, which had been dependent on imports from Japanese disco, in June of this year, orders for equipment from HANMI Semiconductor’s own brand ‘micro SAW & VISION PLACEMENT’ are active.” “we have secured production capacity of up to 2400 units per year (200 units per month) and have the ability to respond quickly to delivery. In addition, we implemented vertical integration from design, parts processing, software, assembly, and inspection, and received large orders from major global customers, raising our earnings forecast for this year to 390 billion won (USD 330 mil), a 51% increase from 257.4 billion won (USD 219 mil) in the previous year.” Japan's disco market cap reached 13 trillion won. (USD 11.6 bil)

In fact, according to the Macquarie Securities report, HANMI Semiconductor's operating profit is expected to reach 125.1 billion won (USD 106 mil) this year, with an operating profit margin of 33%. This upward trend is expected to continue until 2024.

Vice Chairman Kwak said, “As the second-largest shareholder with a 25% stake in HPSP, a semiconductor front-end equipment company (HANMI Semiconductor 12.5%, Vice Chairman Kwak Dong-shin 12.5%), along with the listing of HPSP, which is planned for next year, we will share the recognition and know-how accumulated over 40 years of HANMI Semiconductor for the continued growth of both companies.”