[Announcement+] Unisem Reports Operating Profit of 9.8 Billion KRW in Q2, Up 204.9% YoY

[Asia Economy Reporter Eunmo Koo] Unisem, a specialized company in semiconductor and display equipment, continued its strong performance. Unisem announced on the 13th through a public disclosure that its operating profit based on consolidated financial statements for the second quarter of this year reached 9.8 billion KRW, a 204.9% increase compared to the same period last year. During the same period, sales increased by 50.1% to 56.4 billion KRW, and net profit also rose by 160.0% to 7.8 billion KRW.

A company representative stated, “The good performance trend continued as the facility investments of major domestic customers exceeded expectations,” adding, “Sales are mainly generated from highly profitable semiconductor equipment, and orders for equipment from Chinese display companies are also continuing, so the performance trend in the second half of the year is expected to remain favorable.”

Unisem is a specialized company in scrubbers, which are harmful gas treatment equipment, and chillers, which are temperature control devices, used in semiconductor and display production processes. It supplies equipment to leading semiconductor and display companies such as Samsung Electronics, SK Hynix, and LG Display.

A Unisem representative said, “As Samsung Electronics accelerates investment in the semiconductor sector with its super-gap strategy, equipment demand is steadily occurring,” and added, “Recently, the proportion of non-memory equipment sales has been increasing, and Samsung Electronics is expanding its non-memory semiconductor foundry production lines. In particular, the groundbreaking of Pyeongtaek Plant 3 (P3) is expected to be brought forward, so future benefits are anticipated.”

In May, Samsung Electronics announced plans to invest in an extreme ultraviolet (EUV) foundry production line in Pyeongtaek, Gyeonggi Province. Then, in June, it also revealed plans to expand the Pyeongtaek NAND flash production line. The industry estimates the scale of these investments to be around 10 trillion KRW and 8 trillion KRW, respectively.