Suseong, Semiconductor Business Division Expected to Benefit from DDR5... "Continuing Strong Performance"

[Asia Economy Reporter Hyunseok Yoo] Suseong Innovation's semiconductor division is continuing strong performance in the third quarter of this year, benefiting from the transition to DDR5 memory.

In April, Suseong acquired a 57.21% stake in Future Hightech, making it a consolidated subsidiary. The company's cumulative sales for the third quarter reached 13.2 billion KRW, already surpassing last year's annual sales of 12.4 billion KRW. Operating profit was 1.6 billion KRW, four times last year's 400 million KRW.

Kim Deokjin, CEO of Suseong, stated, "Future Hightech manufactures and sells core components for semiconductor front-end and back-end inspection equipment. This year, overseas sales in the socket consumables sector have increased, and sales to domestic clients such as Hynix have improved significantly, leading to a substantial performance improvement. We expect benefits from the transition to DDR5, and once the filter test for the new equipment currently underway is completed, we anticipate even greater performance growth next year."

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