Mirae Industry Achieves Operating Profit of 2 Billion KRW in Q1... Successful Return to Profitability

Mirae Industry, a specialized manufacturer of semiconductor post-process inspection equipment, announced on the 14th that it recorded consolidated sales of 5.16 billion KRW and an operating profit of 2.04 billion KRW in the first quarter of this year. Compared to the same period last year, sales increased by 8%, and operating profit turned positive.

As the era of High Bandwidth Memory (HBM) is fully approaching, expectations for domestic materials, parts, and equipment (SoBuJang) companies are also rising. The demand for HBM, an essential component for artificial intelligence (AI) semiconductors, is increasing, intensifying the competition among memory semiconductor companies to improve yield (the ratio of defect-free qualified products).

In response, Mirae Industry stated that it is actively addressing the semiconductor post-process inspection equipment market based on its core product, semiconductor inspection equipment (Test Handler).

The main factors behind the performance improvement are analyzed to be the promotion of sales from the already secured order backlog and the expansion of new orders. Mirae Industry has continuously focused its capabilities on securing high value-added product orders at its overseas regional headquarters to expand its global market.

A company official said, “This trend of increasing orders is the result of continuous productivity efficiency improvements based on customer satisfaction activities and profitability improvement efforts through the expansion of high value-added product orders,” adding, “We will do our best to maximize shareholder value and corporate value of Mirae Industry going forward.”

He continued, “All employees are continuously carrying out cost reduction activities and operational efficiency improvements to make this year the first year of turning a profit,” emphasizing, “We will do our best to improve profitability through production efficiency and the expansion of orders for high value-added semiconductor equipment.”