Suseong Webtoon Increases Stake in HBM3e Inspection Equipment Subsidiary

On May 13, Suseong Webtoon announced that it has further increased its stake in its subsidiary, which supplies HBM3e inspection equipment to global semiconductor companies, thereby strengthening its control. Through this stake increase, Suseong Webtoon expects to improve its consolidated financial performance.

Suseong Webtoon acquired an additional 7% stake in Future Hightech, raising its ownership from 57.21% to 64.21%. The company purchased shares held by a third party and reinvested the proceeds from the sale into Suseong Webtoon's paid-in capital increase. A Suseong Webtoon representative explained, "We have simultaneously secured greater control over our subsidiary and achieved both financial stability and funding benefits."

Suseong Webtoon believes that with the increased stake, Future Hightech's performance will have a greater impact on its consolidated financial statements. Future Hightech is a technology-driven company that has developed semiconductor inspection equipment parts and boards for both front-end and back-end processes for over 20 years. Recently, with rising demand for high-bandwidth memory (HBM), the company's performance is visibly improving.

Since the beginning of this year, Future Hightech's cumulative orders for HBM-related inspection equipment have surpassed 14.4 billion KRW. With the rapid growth of the AI semiconductor market and the resulting surge in HBM demand, the company expects this positive trend to continue in the second half of the year.

Suseong Webtoon anticipates that improved subsidiary performance will lead to an increase in consolidated net income attributable to controlling shareholders, thereby contributing to the overall stabilization of its profit structure and enhancing corporate value.

A Suseong Webtoon representative stated, "With the increased stake in our subsidiary, we have established a structure that directly reflects performance improvements," adding, "We will continue to build a foundation for sustainable growth through synergies between our content business and our technology-based subsidiary."

Suseong Webtoon is expanding its business on domestic and international platforms, focusing on content based on webtoon IP. The company is also accelerating the development of AI-based creative systems and its entry into global markets.