Hanmi Semiconductor, Positive Performance Outlook for This Year

[Asia Economy Reporter Hyungsoo Park] Hana Financial Investment forecasted on the 21st that Hanmi Semiconductor's performance improvement trend will continue this year as well.

Kim Kyungmin, a researcher at Hana Financial Investment, explained, "Since the 15th of last month, eight equipment order contracts have been disclosed," adding, "They cover semiconductor back-end processes, wearable device contract manufacturing, and analog semiconductors."

He continued, "There is an ongoing shortage of analog semiconductors, including automotive semiconductors," and added, "Whether it is front-end or back-end processes, the need for expansion has led Hanmi Semiconductor's clients to be spotlighted again in the stock market."

Researcher Kim emphasized, "Hanmi Semiconductor's position is also drawing attention," and "the world's top first and second back-end process companies are actively investing in facilities."

Furthermore, he stated, "ASE mentioned that its facility investment for this year would be conservative (will be moderating) in the third quarter of last year," and "at the time of the fourth-quarter earnings announcement, it said it would not decrease compared to last year's level."

He analyzed, "Amkor is undertaking facility investments worth $700 million this year," which is "more than a 25% increase compared to $550 million last year."

Researcher Kim estimated that Hanmi Semiconductor will achieve sales of 346.3 billion KRW and an operating profit of 93.3 billion KRW this year, representing increases of 35% and 40%, respectively, compared to last year.