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HANMI confirmed on 27^th, that Peter Thiel, CEO of PayPal and the author of the world-bestseller-book ‘Zero to One’ had decided to make strategic investment of $34 million into HANMI. Peter Thiel, the leader of PayPal mafia, which is one of the powerful groups that wield strong influence over Silicone Valley. He is a first investor Facebook, the world’s largest social network service. And he is now receiving spotlight again since he already made an investment in HANMI in 2013. HANMI will sell 2.5 million treasury stocks that are worth to $34 million EB(exchangeable bonds/convertible bonds) to Thiel Crescendo Investments LLC which is backed by Peter Thiel and CEP Semicon Holdings Ltd.

HANMI’s vice chairman Kwak Dong-Shin said “Recently, China is growing rapidly in semiconductor market. China and Taiwan hold over 60% market share in semiconductor field. HANMI already has secured main semiconductor companies of China and Taiwan as client companies. Also we have top-level technology and confidence of clients. The fact that we are dominating the market made the world leading IT business investor, Peter Thiel to invest in HANMI. Especially, we are expecting that HANMI’s high-technology and Peter’s strong global network can create a tremendous synergy effect.” Also he mentioned “After 2 years of research and development, we launched ‘EMI Shield Vision Attach’ and ‘Vision Detach’ in February 2016 and they showed good sales figures in the first half of the year. Also, our new strategic gears including ‘Compression Auto Mold’ and ‘Pre Focusing’ are gradually growing in the market as well as ‘Vision Placement’ which accounts for largest market share in the global semiconductor market.” He also stressed “We will parlay the investment source into R&D to enhance HANMI’s competitiveness.”

HANMI was selected as ‘The 10 best focused chip making equipment suppliers of 2016’ and ‘The best suppliers of 2016’ awards by VLSI research. HANMI, also, was selected as the only Korean semiconductor equipment company of these awards in the world.