Aroot: "NSRC Secures Equipment Order from Taiwanese Semiconductor Company"

On July 17, Aroot announced that its semiconductor equipment specialist subsidiary, NSRC, is expected to achieve strong results in the second half of the year, driven by a series of recent overseas orders.

Last month, NSRC signed a contract to supply refurbished 'i-line' lithography equipment worth approximately 4 billion KRW to a major semiconductor fabrication plant (fab) in Taiwan. According to the company, NSRC was recognized for its ability to not only upgrade equipment performance optimized for semiconductor manufacturing processes, but also to handle installation and setup locally in an integrated manner. As a result, the company succeeded in securing a large-scale order for a single piece of equipment.

NSRC has also signed a memorandum of understanding (MOU) with a Chinese semiconductor manufacturer, based on the premise of exclusive supply of equipment for a new fab, and is preparing for delivery. Under the terms of the MOU, NSRC will supply semiconductor equipment worth a total of 25 billion KRW by next year. This amount is more than double the company's annual revenue last year, which bodes well for future performance.

In addition to its existing equipment business, NSRC is also making smooth progress in entering high value-added sectors. Earlier this year, the company internalized high-resolution semiconductor lithography equipment technology for advanced processes and entered the related market. The new equipment is characterized by high demand from global companies, while the number of suppliers is limited due to the high level of technology required. NSRC is moving beyond offering technical services and is now pursuing the supply of new lithography equipment, having recently completed the purchase of equipment and begun the process of upgrading it.

A company representative stated, "The fact that we have signed consecutive new supply contracts with both Chinese semiconductor fabs and major Taiwanese companies demonstrates that NSRC's technology and project management capabilities in semiconductor lithography equipment are recognized in the global market. In particular, we expect strong results in the second half of the year as we continue to secure large-scale turnkey orders compared to the past."

He added, "Even during the off-season in the first half of the year, there was a significant increase in orders for high value-added technical services. Considering our order backlog and the volume anticipated under MOUs, we expect this year's sales to exceed our annual target. We will maximize performance growth by conducting aggressive sales activities focused on the Asian market and by continuously securing technical personnel and investing in our capabilities."