Mirae Industry, a semiconductor post-process equipment company (CEO Changjae Lee), announced on the 28th that it has signed a semiconductor inspection equipment order contract worth 2.36 billion KRW with SK Hynix. The order contract amounts to 10.8% of Mirae Industry's sales last year. Mirae Industry plans to supply the equipment by January 30, 2025.
The main factors for the performance improvement are analyzed to be the promotion of sales from the order backlog and the expansion of new orders.
A company official stated, “This increase in orders is the result of continuous productivity efficiency improvements and profitability enhancement activities through expanding orders of high value-added products based on customer satisfaction activities,” adding, “All employees are continuously carrying out cost reduction and operational efficiency activities to make 2024 the first year of turning a profit, and we will do our best to improve profitability by expanding production efficiency and orders for high value-added semiconductor equipment.”
According to the consolidated financial statements for the third quarter of this year, Mirae Industry announced sales of 17.2 billion KRW and an operating profit of 8.2 billion KRW, achieving profitability. In addition, after acquiring a factory located in Giheung, Yongin City, at the center of the semiconductor cluster L-belt, production capacity (CAPA) is expected to increase by more than 60% compared to before.
Electrical work for infrastructure construction is expected to be completed by the second quarter of 2025, and some items such as Test Handlers are expected to be partially operated and produced from the second quarter of 2025. The full operation of the new facility is expected in the first quarter of 2026, and the move-in of the R&D research facility is expected in the third quarter of 2025.
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