[Featured Stock] PointEng Develops Independent Semiconductor Backend Process Technology... Expected Monthly Sales of 20 Billion KRW

[Asia Economy Reporter Hyunseok Yoo] Point Engineering is showing strong performance. The news that it has succeeded in entering the global supply chain for semiconductor materials and components with its independently developed 'Anodic Aluminum Oxide' (AAO) technology appears to have influenced its stock price.

As of 9:17 AM on the 6th, Point Engineering's stock was trading at 4,070 KRW, up 19.18% (655 KRW) compared to the previous trading day.

The day before, an IT specialized media reported that Point Engineering recently secured overseas customers generating about 1 billion KRW in monthly sales in the 'probe pin' business sector.

The global probe pin market is led by US-based FormFactor and Italy's Technoprobe. It is significant that Point Engineering has achieved technological independence in the semiconductor back-end component market, which requires high technical skills and stringent quality standards.

Based on anodic oxidation technology, the advanced material AAO (Anodic Aluminum Oxide) technology is expected to be applied in various industries such as probe cards, micro LEDs, and fingerprint sensors. It offers more uniform quality than existing ceramic materials and has higher price competitiveness, making it applicable in various fields including semiconductor components.

Point Engineering is responding to the government’s nationalization policy for materials, components, and equipment by analyzing various application fields of AAO technology and promoting commercialization through selective development. Successful commercialization is anticipated.

Point Engineering is investing to establish mass production facilities for new businesses. The scale is capable of producing about 1,000 8-inch AAO wafers per month. Each 8-inch AAO wafer contains about 20,000 probe pins. Considering the unit price is around 1 to 3 USD each, a minimum monthly sales revenue of 20 billion KRW is expected on average. Based on supply performance, it is known that sales channels could be expanded to global companies such as Samsung Electronics, TSMC, Intel, and AMD in the future.