Samyang NC Chem Achieves Record First-Quarter Results...Expands High Value-Added Materials

Supply Expansion Driven by Increased Demand for AI Servers and High-Performance Computing

Profitability Improvement Through Greater Share of High Value-Added Materials Such as ArF and EUV

Samyang NC Chem, Samyang Group’s semiconductor photoresist (PR) materials specialist, achieved record quarterly results in the first quarter of this year, marking the highest performance in its history for any single quarter.

Samyang NCchem CI. Samyang Holdings

On May 11, Samyang NC Chem announced that its revenue for the first quarter of 2026 reached KRW 40.7 billion, with an operating profit of KRW 6.5 billion. Compared to the same period last year, revenue increased by 32.9% and operating profit rose by 45.4%. Net profit for the quarter was KRW 5.7 billion, a 50.1% increase.

The key driver behind this improved performance was the surge in demand for PR materials due to increased demand for artificial intelligence (AI) servers and high-performance computing (HPC). In particular, product supply volumes expanded across the board amid the memory-centric semiconductor supercycle.

In response to favorable market changes, Samyang NC Chem accelerated its transition toward a high value-added product portfolio by increasing the proportion of advanced materials, such as high-density krypton fluoride (KrF) PR materials for NAND used in AI servers, and argon fluoride (ArF) and extreme ultraviolet (EUV) PR materials for DRAM processes.

Samyang NC Chem is also refining its mid- to long-term strategy to lead the next-generation memory materials market. In particular, DRAM processes for high-bandwidth memory (HBM)—a core AI semiconductor component—require high yield stability and precise process compatibility, making it a highly challenging field. Leveraging its material competitiveness for these processes, the company is expanding related supply and strengthening its position in the HBM market.

Additionally, Samyang NC Chem plans to reinforce its growth foundation by increasing sales to global customers in the United States, Japan, and Taiwan, and by diversifying its product portfolio. The company is also accelerating the development of PR materials for glass substrates, which have recently emerged as a game changer in the semiconductor industry. Building on the expertise accumulated through its existing semiconductor process materials business, Samyang NC Chem aims to enhance its potential for supplying next-generation glass substrate materials.

Samyang NC Chem CEO Jeong Hoesik stated, “The expansion in supply volume driven by rising AI demand and the shift toward a high value-added product portfolio are accelerating our performance growth. Moving forward, we will continue to strengthen our mid- to long-term growth momentum based on our competitiveness in advanced process materials and our global customer base.”

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