Raontech, the Only Exclusive Domestic Semiconductor Vacuum Robot Company... Triples Expansion in Response to Localization Demand

Transfer from KONEX to KOSDAQ
Continued Growth Following Semiconductor Investments
Production Capacity Tripled... Benefiting from Demand for Equipment Localization

[Asia Economy Reporter Hyungsoo Park] Raontech, a developer of vacuum robots and transfer modules for semiconductors, is showing strong performance on its first day after transferring to the KOSDAQ market.

As of 9:31 AM on the 17th, the stock is trading at 23,500 KRW, up 16.05% from the opening price.

It started trading at 20,250 KRW, 12.5% higher than the public offering price of 18,000 KRW.

Founded in 2000, Raontech conducts research and development on industrial robots and intelligent robots. It was listed on the KONEX market in 2015. Its main products include vacuum robots and transfer modules for semiconductor manufacturing processes.

Raontech plans to use the funds raised through its initial public offering to expand production facilities and secure product-related components. To respond to increasing demand, it aims to secure space for product manufacturing and testing, and increase its annual production scale from the current level of approximately 50 billion KRW to 150 billion KRW.

Jongseon Park, a researcher at Eugene Investment & Securities, explained, "Stable growth is expected due to increased investment in the global semiconductor front-end market," adding, "There is a rapid surge in semiconductor demand across industries and continuous active investment expansion by global semiconductor companies."

He continued, "Investment plans are emerging not only from major customers such as Samsung Electronics and SK Hynix but also from overseas semiconductor companies," and forecasted, "As the only domestic mass producer of vacuum robots, Raontech can provide customized solutions through wafer transfer solutions, which will sustain performance growth."

Furthermore, he emphasized, "We expect an expansion of new customers for transfer modules and vacuum robots through existing equipment suppliers," and highlighted, "Significant performance growth is anticipated."

Researcher Park also noted, "Diversification into front-end businesses such as display and pharmaceutical industries is a positive factor," and analyzed, "As demand for robots and automation equipment for displays increases, Raontech is preparing to re-enter the market with a product lineup ranging from small 2nd generation to large 8th generation."

He added, "The pharmaceutical and bio markets are adopting automation systems in packaging and inspection processes to secure quality and cost competitiveness," introducing, "Existing supplied items include packaging and inspection automation equipment for eye drops, ampoules, and syringes." Additionally, "They are promoting full automation of manufacturing processes in the medical diagnostic sector as a new item."

Hanryong Kim, a researcher at Daishin Securities, explained, "Companies that can supply vacuum robots include Brooks Automation and Persimmon in the U.S., and Ulvac in Japan," adding, "Raontech is the only one in Korea." He emphasized, "There is a continuous demand for localization of semiconductor equipment," and noted, "The domestic vacuum process equipment market share of Korean equipment companies is only about 25%, so Raontech, as the only domestic vacuum robot manufacturer, is expected to benefit."