Samsung Electronics Invests 113.3 Billion KRW in SoBuJang Companies

SNS Tech and YIK Participate in Paid Capital Increase Equity Investment

Samsung Electronics (Photo by Yonhap News)

[Asia Economy Reporter Kim Ji-hee] Samsung Electronics has participated in a paid-in capital increase of semiconductor materials, parts, and equipment (SoBuJang) small and medium-sized enterprises, investing approximately 113.3 billion KRW in equity.

Blank mask manufacturer used in semiconductor production, 'SNS Tech', and semiconductor inspection equipment manufacturer, 'YIK', announced on the 31st that they decided on a paid-in capital increase targeting Samsung Electronics. The scale of the paid-in capital increase is 65.933 billion KRW for SNS Tech and 47.336 billion KRW for YIK, and it will be conducted through a third-party allotment method.

These companies stated that the funds invested by Samsung Electronics will be used for company operations, facility investments, and debt repayment.

Since July last year, following Japan's export restrictions, Samsung Electronics has been focusing on strengthening the domestic semiconductor industry ecosystem. The industry views this investment as Samsung Electronics' effort to promote mutual growth with domestic SMEs while securing a stable supply chain.

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