Hanmi Semiconductor Forecasts 140 Billion KRW in Q1 Sales "Impact of Overseas Order Expansion"

Operating Profit Reaches 68.6 Billion KRW
Up 139% Year-on-Year

Semiconductor equipment company Hanmi Semiconductor announced on the 31st that it is expected to record consolidated sales of 140 billion KRW and operating profit of 68.6 billion KRW in the first quarter of this year.

Hanmi Semiconductor

This represents an increase of 81% in sales and 139% in operating profit compared to the first quarter of last year.

This performance outlook is attributed to the expansion of overseas orders for the 'TC Bonder,' an essential equipment in the manufacturing process of High Bandwidth Memory (HBM).

Through this disclosure, Hanmi Semiconductor also revealed that overseas customers accounted for 90% of sales in the first quarter of this year, and the operating profit margin rose to 49%.

The company explained that the increase in the sales proportion from overseas customers is the result of a significant rise in orders from global companies, including North American memory companies producing HBM, since last year.

A Hanmi Semiconductor official stated, "Due to the recent explosive increase in HBM demand, major overseas customers are actively increasing orders for TC Bonders as they expand their capacity," adding, "The company expects to continue solid performance this year based on the world's largest HBM TC Bonder production capacity."

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