[Featured Stock] Hanmi Semiconductor Rises on Expectations of Benefits from TSMC Expansion
[Asia Economy Reporter Minji Lee] Hanmi Semiconductor is showing a sharp rise amid expectations of benefits from TSMC's $100 billion investment.
As of 9:27 a.m. on the 5th, Hanmi Semiconductor was trading at 28,500 KRW, up 7.55% from the previous trading day. On the same day, Hanmi Semiconductor surged to 28,950 KRW.
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Recently, TSMC announced plans to invest $100 billion over the next three years, which is a significant increase compared to the past five-year average of $12.8 billion and last year's $17.4 billion. Choi Doyeon, a researcher at Shinhan Financial Investment, analyzed, "Most of Hanmi Semiconductor's sales are linked to non-memory backend specialized OSAT companies," adding, "OSAT companies follow foundry companies like TSMC."
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