Mirae Industry, a company specializing in semiconductor back-end process equipment, announced on July 14 that it had signed an additional contract with Changxin Memory Technologies (CXMT) in China for inspection equipment worth 3.52 billion won, following a previous contract on June 26. This amount is equivalent to 13.03% of the company's sales from the previous year (27 billion won).
A representative from Mirae Industry stated, "The semiconductor market appears to have entered a supercycle (period of exceptional growth) due to the expansion of high-bandwidth memory (HBM) driven by increased demand for artificial intelligence (AI) servers." The representative added, "Based on stable supply contracts with our clients, we continue to receive orders in the second half of the year. The Cheonan headquarters factory is operating at full capacity, and we expect improved performance compared to last year as a result."
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