HANMI Semiconductor : annual target of 308 billion (KRW)

On the 20th, HANMI Semiconductor presented its annual sales target of 308 billion (KRW) along with its ambition to make it the first year of HANMI Semiconductor's leap forward this year.

Dong Shin Kwak, vice chairman of HANMI Semiconductor, said, 'It is predicted that so- called 'semiconductor supercycle' will come this year, where demands for semiconductors such as information processing, security, telecommunication, and home appliances will increase significantly due to the spread of non- face-to-face trends. TSMC, the world's largest semiconductor foundry company, plans to invest 30 trillion (KRW) this year, and UMC also invested 1.1 trillion and 10.4 trillion in power chips. Global foundry companies' investment in facilities has surged.'

'As a result, exports of HANMI Semiconductor equipment will be stronger than ever due to trickle-down effects on the performance of global OSAT companies that deal with global foundry companies such as ASE, Amkor, SPIL, JCET Group, PTI, TSHT, and TFME.'

'HANMI Semiconductor has Vision Placement and EMI Shield equipment, which are the world's top products for semiconductor production such as 5G, self-driving cars, smartphones, data centers, and Bitcoin. In addition, More than 77% of sales are global OSAT companies. This year, we will record explosive sales growth,' he said, suggesting a sales target of 308 billion (KRW) for this year.

Earlier, HANMI Semiconductor announced that it achieved operating profit of 66.4 billion (KRW) with sales of 255.7 billion last year, which was the 40th anniversary of its establishment, and recorded its highest performance since its establishment in 1980. Its sales increased by 114.6 percent compared to last year, and its operating profit increased by 361.1 percent YoY.