Hanmi Semiconductor to Cancel 47 Billion KRW Worth of Treasury Shares to "Enhance Shareholder Value"

Hanmi Semiconductor announced on the 18th that it will cancel 345,668 treasury shares (0.36%) by the 26th.

A Hanmi Semiconductor official stated, "The decision to cancel treasury shares worth 47 billion KRW was made based on confidence in enhancing shareholder value and Hanmi Semiconductor's future value in the AI semiconductor market, despite ongoing global economic uncertainties."

Founded in 1980, Hanmi Semiconductor has grown into a global semiconductor equipment company with an average export ratio exceeding 77% of sales over the past 10 years, leveraging 43 years of experience and know-how. It has approximately 320 customers worldwide. Since establishing the Intellectual Property Department in 2002, the dedicated team of about 10 specialists has filed over 120 patents, including a total of 111 patents related to AI semiconductor HBM (High Bandwidth Memory) equipment.