[Featured Stock] I-ONE-S Rises as Semiconductor Supercycle Boosts Component Stocks 'Strong Performance'

[Asia Economy Reporter Jang Hyowon] I-ONE S (CEO Moon-ki Lee), a semiconductor equipment parts company, is recently gaining attention as a beneficiary of the semiconductor shortage crisis, showing strong performance.

As of 2:39 PM on the 5th, I-ONE S is trading at 8,890 KRW, up 8.68% compared to the previous day.

I-ONE S, a precision processing and cleaning company for semiconductor front-end equipment parts, was selected in 2014 as a parts supplier for Applied Materials (AMAT), the world's number one semiconductor company. It supplies semiconductor parts for AMAT equipment, covering the etching process from the PM chamber to cleaning and coating in an integrated manner.

In 2015, AMAT invested 10 billion KRW to become a shareholder of I-ONE S, and semiconductor sales in the precision processing business division for AMAT have increased to 30 billion KRW in 2017 and 90.9 billion KRW last year.

Recently, Taiwan's TSMC announced an investment plan to invest $28 billion (approximately 31 trillion KRW) this year and expand semiconductor production capacity with a $100 billion (approximately 113 trillion KRW) investment over the next three years. Earlier, Intel also announced last month that it would invest $20 billion to establish two new semiconductor factories in Arizona, USA.

According to Bloomberg News, Jake Sullivan, White House National Security Advisor, and Brian Deese, NEC (National Economic Council) Chairman, are scheduled to discuss measures to respond to the semiconductor chip shortage crisis.

I-ONE S aims for its best-ever performance by expanding semiconductor-related sales both domestically and internationally, including its largest client this year, Applied Materials, and Samsung Electronics.