[Click eStock] "Semiconductor Investment Expansion Benefits Vacuum Robot Manufacturer Raontech"

[Asia Economy Reporter Ji Yeon-jin] Eugene Investment & Securities forecasted on the 31st that Raontech, scheduled to be listed on KOSDAQ on the 16th of next month, is expected to benefit from the recent surge in semiconductor demand across the industry and the continued aggressive investment expansion by global semiconductor companies.

Raontech, established in 2000 as TechnoNet Corporation, is a company that develops and supplies manufacturing robots and automation systems including semiconductor transfer robots, semiconductor display robots, and semiconductor vacuum robots. It was listed on KONEX in 2015.

Based on last year's sales, semiconductor robots accounted for 75.1%, automated warehouse robots 15.5%, delta (pharmaceutical, bio) robots 3.3%, and other sales 6.0%. Sales by major end customers were SK Hynix 49%, Samsung Electronics 35%, and overseas 9%.

The expected public offering price ranges from 12,800 KRW to 15,800 KRW, with demand forecasting taking place over two days starting today. After the offering, the shareholder composition will be major shareholders 39.8%, institutional investors 4.1%, underwriters 0.3%, employee stock ownership association 1.0%, existing shareholders 45.6%, and public shareholders (general + others) 9.2%. The tradable shares after listing will be 54.8% of the total shares (2.68 million shares).

Raontech is the only domestic mass producer of vacuum robots. With investment plans announced by major customers including Samsung Electronics and SK Hynix as well as overseas semiconductor companies, it is expected that performance growth will continue as it can provide customized solutions through wafer transfer solutions. In particular, a significant performance improvement is anticipated due to the expected expansion of new customers for transfer modules and vacuum robots through existing equipment suppliers.

Additionally, demand for display robots and automation equipment, which had been sluggish, is increasing. Raontech has secured a product lineup ranging from small 2nd generation to large 8th generation and is preparing to re-enter the market. Researcher Park Jong-sun of Eugene Investment & Securities stated, "The pharmaceutical and bio markets are introducing automation systems in packaging and inspection processes to secure quality and cost competitiveness. Existing supplied items included packaging and inspection automation equipment for eye drops, ampoules, and syringes, and new items are promoting full automation of manufacturing processes in the medical diagnostic sector."