DB HiTek Posts KRW 63.7 Billion Operating Profit in Q1, Up 21% Year-on-Year

On May 6, DB HiTek announced through a regulatory filing that its consolidated sales for the first quarter of 2026 were provisionally tallied at KRW 374.6 billion, with operating profit recorded at KRW 63.7 billion. These figures represent increases of 26% and 21%, respectively, compared to the same period last year. The operating margin stood at 17%.

The company explained that continued strong demand for power semiconductors had a positive impact on its performance. In terms of applications, the proportion of high value-added products for industrial and automotive uses increased.

A DB HiTek representative stated, "Going forward, we plan to strengthen our product portfolio centered on power semiconductors, focus our capabilities on expanding our overseas customer base, and on the development and mass production of next-generation power semiconductors to ensure continued growth."

DB HiTek is a system semiconductor foundry specializing in power semiconductors. The company collaborates with approximately 400 customers worldwide and has established a stable production base. Its main focus is on power semiconductor processes such as high-voltage BCD, and it is currently expanding its business into next-generation processes, including silicon carbide (SiC) and gallium nitride (GaN). In particular, DB HiTek is enhancing its competitiveness in new high-growth sectors such as artificial intelligence (AI) data centers and electric vehicles.

Sulim Lee, a researcher at DS Investment & Securities, stated, "The global production volume of 8-inch foundries, which the company specializes in, is expected to decrease by 2.4% this year compared to last year. Although the demand for electronic products in the second half of the year remains uncertain, leading to potential differences in utilization rates and pricing among companies, DB HiTek is more sensitive to cycles in power, home appliances, and industrial and automotive sectors than in smartphone APs, so it is likely to benefit from improvements in market conditions."

Meanwhile, DB HiTek announced that it will hold a corporate briefing session for domestic institutional investors to present its first quarter 2026 business results from May 6 to May 7.

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