[Featured Stock] Intekplus, Tackling Defective Semiconductors, Surges 17%+

[Asia Economy Reporter Park So-yeon] Intek Plus, a manufacturer of post-process (inspection process) equipment that detects defective semiconductors, is showing strong performance.

As of 10:16 AM on the 15th in the KOSDAQ market, Intek Plus is trading at 25,350 KRW, up 3,700 KRW (17.09%) from the previous trading day.

On the 26th of last month, Intek Plus announced that it had signed a supply contract for semiconductor substrate (wafer) inspection equipment worth 4.44 billion KRW.

The contract target is Samhwa Yanghaeng, a printed circuit board manufacturer, and the period is until May 20 of next year. The contract size corresponds to 10.95% of the 2019 sales revenue (102.713 billion KRW).