[Special Stock] Hanwha Vision Rises Over 3% on Growing Presence of Hanwha Semitec

On May 8, shares of Hanwha Vision are on the rise. This is interpreted as being influenced by its subsidiary, Hanwha Semitec, a semiconductor equipment company, which is increasing its presence in the industry.

As of 9:48 a.m. on this day, Hanwha Vision is trading at 62,100 won, up 1,900 won (3.16%) from the previous trading day.

This is due to the fact that its subsidiary, Hanwha Semitec, has been strengthening its presence amid intensifying conflict between SK Hynix and Hanmi Semiconductor, thereby driving improved performance for its parent company, Hanwha Vision.

According to earnings consensus data compiled by financial information provider FnGuide, Hanwha Vision, the parent company of Hanwha Semitec, is expected to post operating profit of approximately 57.2 billion won in the second quarter, up 29.1% from the previous quarter.

The background of this earnings growth includes a TC Bonder supply contract with SK Hynix. In March, SK Hynix placed two separate orders with Hanwha Semitec for a total of 12 TC Bonders worth 42 billion won.

Hanwha Semitec is benefiting as SK Hynix seeks to diversify its supply chain. For the past eight years, Hanmi Semiconductor had an exclusive 100% supply of TC Bonders to SK Hynix, but recently, cracks have appeared in the relationship between SK Hynix and Hanmi Semiconductor.

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