Senko Registered as Gas Safety Equipment Supplier for Domestic Semiconductor Companies... "Establishing a Foothold for Market Entry"
[Asia Economy Reporter Yoo Hyun-seok] Senko announced on the 31st that it has been selected as a gas safety equipment supplier for a major domestic semiconductor manufacturing company and has been officially registered as a vendor. Senko underwent product evaluation and corporate due diligence over the past year and received a suitability assessment as a semiconductor gas safety equipment supplier. It plans to begin deliveries of a certain scale starting in the second half of this year.
Due to the nature of the business, semiconductor manufacturing plants use about 80 types of toxic and flammable gases. In the event of a gas leak, production disruptions and human casualties may occur due to factory shutdowns. Therefore, the importance of fast and accurate gas sensors that can enable immediate response in case of problems is increasing.
Ha Seung-cheol, CEO of Senko, said, “The sensor technology that was able to solve the interference problem of TEOS and COS gas detectors, which has long been an issue in the semiconductor market, was the biggest factor in being selected as a supplier,” adding, “This official vendor registration is very meaningful in that it marks our entry into the high-tech market, including semiconductors.”
Senko previously focused on developing explosion-proof gas safety equipment products required in plant sectors such as oil, chemical, steel, and shipbuilding. Although it entered the semiconductor market as a latecomer, it plans to continuously develop products that can solve gas safety equipment issues in the semiconductor market and increase its market share.
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Meanwhile, Senko recorded consolidated sales of 7.6 billion KRW in the second quarter, a 126% increase compared to the same period last year, and achieved an operating profit of 1.3 billion KRW, turning to profitability. The mandatory installation of carbon monoxide (CO) detectors in industrial sites led to about a 75% increase in sales of gas inspection devices compared to the first half, driving the best half-year performance.
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