[Featured Stock] PointEngi, Semiconductor Equipment Parts Coating Business Expected... Consumable Lifespan Extended 4 Times

[Asia Economy Reporter Hyungsoo Park] Point Engineering is showing strong performance.

As of 11:50 AM on the 15th, Point Engineering is trading at 3,975 KRW, up 20.27% from the previous day.

Point Engineering is a company that manufactures, processes, and surface-treats parts used in display and semiconductor equipment based on aluminum anodizing technology. It produces parts for display CVD equipment such as Diffuser (Shower Head), Susceptor, and Shadow Frame, with a global No.1 IT equipment company as its major client.

Sehoon Son, a researcher at NH Investment & Securities, explained, "Starting this year, the company plans to enter the semiconductor equipment parts coating business," and "the coating technology is based on oxide film formation technology and extends the lifespan of consumable parts by about four times, contributing to cost reduction for semiconductor chip manufacturers."

He added, "The investment point is whether the new business will start," and "currently, one coating machine has been set up and is in trial operation."

Furthermore, he analyzed, "Approval from Company A is expected to be decided in the third quarter," and "depending on Company A's approval, additional coating machines will be introduced."

He forecasted, "Next year, the market share within the client company is expected to be about 50%," and "sales are estimated to be approximately 28 billion KRW."