[Featured Stock] Sapien Semiconductor Signs Master Agreement with Global Big Tech... 100x Revenue Increase in 4 Years

Sapien Semiconductor is showing strong performance. Securities firms' analysis that sales will significantly increase as it collaborates with global big tech companies appears to be influencing the stock price. Eugene Investment & Securities estimated Sapien Semiconductor's sales to grow to 17.1 billion KRW this year, 43.5 billion KRW next year, 121.6 billion KRW in 2026, and 317 billion KRW in 2027. Considering last year's sales of 3.2 billion KRW, the sales scale is expected to grow about 100 times in four years.

At 9:35 a.m. on the 23rd, Sapien Semiconductor was trading at 27,600 KRW, up 13.11% from the previous day.

Eugene Investment & Securities forecasted that Sapien Semiconductor will proceed step-by-step with development contracts with key customers for mass production of products ahead of the commercialization of augmented reality (AR) and mixed reality (MR).

Researcher Park Jong-sun of Eugene Investment & Securities explained, "Sapien Semiconductor is at the stage of securing global major customers, conducting non-disclosure agreements and joint development contracts, and discussing new product development."

He added, "They have long-term contracts with global big tech company A and have carried out various one-off projects," and analyzed, "With the AR/MR device launch scheduled for 2026, they are pushing for product commercialization." He emphasized, "They plan to develop and supply ultra-small DDICs to be included in the commercialized products of major customer A," and "recently signed a comprehensive master agreement with the customer."

He said, "Global big tech company B recently launched a VR device but is considering mass production of AR/MR devices in the mid to long term," and "B is believed to have started activities targeting global companies to secure suppliers of LEDoS components to be adopted in AR/MR devices." He added, "Sapien Semiconductor is in discussions with B regarding DDIC supply," and "the progress is positive."

Researcher Park said, "They are at the stage of negotiating detailed matters," and expressed hope that "if things proceed positively as planned, product development contracts and orders could be possible in the second half of this year."

He explained, "After the listing on February 19, the lock-up shares were released, causing some adjustment," and "the overhang seems to have been somewhat resolved."

Earlier, Sapien Semiconductor CEO Lee Myung-hee, before the listing, stated, "We are collaborating with global customers including big tech companies," and predicted a quantum jump in 2027. More than 50 companies have signed non-disclosure agreements (NDAs) with Sapien Semiconductor.