Hanmi Semiconductor "World's No.1 Market Share in 5G Communication Chip EMI Shielding Equipment"

Record High Sales Expected This Year
Surging Demand for EMI Shielding Equipment Due to Advances in Autonomous Vehicles

[Asia Economy Reporter Park Hyungsoo] Hanmi Semiconductor, a global mid-end semiconductor equipment developer, saw a significant increase in sales in the second quarter due to strong sales of 5G communication chip EMI shield (Electro Magnetic Interference Shield) equipment.

Hanmi Semiconductor announced on the 22nd that it recorded sales of 61.9 billion KRW in the second quarter of this year, a 152% increase compared to the same period last year. Operating profit for the second quarter was 20.1 billion KRW, with an operating margin of 32%.

EMI shield refers to electromagnetic interference shielding technology, a process in which metals such as stainless steel and copper are deposited on the surface to prevent noise generated from semiconductor chips in electronic devices from interfering with other electronic devices and causing malfunction. In 2016, global IT companies such as Apple, Qualcomm, and Broadcom introduced this technology in smartphones. Hanmi Semiconductor also first introduced EMI shield equipment in 2016, achieving sales of 36.4 billion KRW.

Dongshin Kwak, CEO of Hanmi Semiconductor, said, "With the growth of non-face-to-face and online markets, the EMI shield process is being actively applied to semiconductor chips in major IT devices such as 5G communication, smartphones, smartwatches, and wireless earphones," adding, "Hanmi Semiconductor achieved the world's number one market share just four years after launching EMI shield equipment."

CEO Kwak added, "We expect orders worth around 120 billion KRW from EMI shield equipment alone this year," and "We anticipate the best performance in the company's history, surpassing the 217.1 billion KRW sales recorded in 2018."

The EMI shield process has seen increased demand recently as automotive electronics advance rapidly in electric vehicles, autonomous vehicles, and connected cars. Demand from the automotive industry is rapidly increasing to prevent accidents caused by electromagnetic noise from semiconductor chips used in vehicles. Level 3 and above autonomous vehicles apply various communication technologies including internal communication, vehicle-to-vehicle, vehicle-to-everything communication, and network security. Along with ultra-high-speed communication, higher specifications of electromagnetic shielding technology are required. Since future automotive technology will include at least 5 to up to 12 times more semiconductor chips than smartphones, the EMI shield-related market is expected to grow sharply.

This content was produced with the assistance of AI translation services.