Hanmi Semiconductor Achieves Record Quarterly Performance Since Inception Driven by TC Bonder Sales

Hanmi Semiconductor announced on the 17th that it recorded sales of 208.5 billion KRW and an operating profit of 99.3 billion KRW in the third quarter of this year, achieving the highest quarterly performance since its founding.

For the year-to-date, it posted sales of 409.3 billion KRW and an operating profit of 183.4 billion KRW.

Hanmi Semiconductor expects continuous sales growth with the full-scale delivery of TC bonders for HBM, a core component of artificial intelligence (AI) semiconductors, which began in the third quarter of this year, and the expansion of a new dedicated factory for HBM TC bonders, scheduled for completion by the end of next year.

Hanmi Semiconductor Vice Chairman Kwak Dong-shin explained, "Hanmi Semiconductor currently holds the number one market share in the world for TC bonders for HBM," adding, "This is thanks to our 45 years of accumulated experience and know-how since our establishment in 1980, and our continuous efforts to satisfy customers."

Hanmi Semiconductor operates dedicated A/S teams for SK Hynix and Micron Technology's Taiwan factory.

Vice Chairman Kwak introduced a British proverb, "There is not a single nail," explaining, "It means that without a single nail, horseshoes cannot be used, which ultimately leads to losing a war." He continued, "We believe that the TC bonder is a very important core process equipment in the production of HBM, which is the core of AI semiconductors," emphasizing, "ASMPT, which competes with Hanmi Semiconductor, produces equipment at its factories in Shenzhen and Chengdu, China, and in terms of assembly quality and equipment performance, Hanmi Semiconductor's 'Made in Korea' equipment is superior."

He added, "We expect the demand for AI-dedicated chips (HBM) from major US big tech companies to continue increasing," and said, "To provide close services to US local customers, who are emerging as key clients in the AI semiconductor market, we are establishing a US corporation and selecting agents capable of providing A/S to local customers in the US."

Last month, Hanmi Semiconductor signed a trust contract to acquire its own shares worth 40 billion KRW, based on confidence in future value in the AI semiconductor market and to enhance shareholder value. Over the past three years, it has acquired a total of 240 billion KRW worth of its own shares. Vice Chairman Kwak himself has purchased 35.3 billion KRW worth of shares from last year to the present.

Since the first half of this year, Hanmi Semiconductor has been developing a mild hybrid bonder for 6th generation HBM4 production at the request of global semiconductor manufacturers. Based on its technology and know-how as the world market leader in TC bonders for HBM, it is expected to solidify its exclusive position in mild hybrid bonders as well.