UPDATED. 2020-07-07 09:23 (화)
Samsung’s semiconductor investment resumes
Samsung’s semiconductor investment resumes
  • Jane Lee
  • 승인 2020.05.26 21:01
  • 댓글 0
이 기사를 공유합니다

Equipment supplier’s earnings recovery signals resumption
Image: Semes
Image: Semes

A key supplier of semiconductor equipment to Samsung Electronics has seen its first quarter earnings recover.

It signals that the world’s largest memory chip maker is resuming investment into semiconductors after it decreased it due to the global downturn of the memory market. The move is expected to be a boon to other subcontractors of Samsung as well going forward this year.

Semes posted operating profits of 80.3 billion won and sales of 536.3 billion won in the first quarter of the year, according to its filings to the Financial Supervisory Service, Tuesday. It is a return to black for the company in terms of profits. It is a 205% increase in sales from a year prior.

Equipment supplied to Samsung Electronics’ plant at Xi’an, China and Pyeongtaek, South Korea contributed to the strong performance.

Semiconductor equipment accounted for 420.1 billion won of the company’s first quarter revenue, or 78.6% of the total. 

Those supplied to Samsung Electronics was 371.5 billion won, with 91.9 billion won of that sent to China.

Meanwhile, Semes saw 48.4 billion from sales of display equipment. 

Semes is expected to supply equipment for Samsung’s new foundry line in the second quarter. 

In the second half of the year, the company will also likely supply equipment for Samsung Display’s QD Display line, a person familiar with the matter said. Samsung Electronics’ is expected to start more investment into its Xi’an plant in the same period, which will be a further boon for Semes, they said.

Semes marked 2.02 trillion won in revenue back in 2017 backed by large orders from Samsung Electronics and Samsung Display __ the highest ever for a Korean equipment vendor.

But due to the downturn in the global memory market in the following year, it saw revenues of 1.856 trillion won that year. In 2019, this further dropped to 1.125 trillion won.

Semes seems positioned to post 2 trillion won annual sales this year again, a person at a company that has business dealings with Semes told The Elec. Many of Semes’ partners are seeing their factories at full operations, they said.

Semes' is highly likely to make V-shape recovery this year. Image: Semes
Semes' is highly likely to make V-shape recovery this year. Image: Semes

 


댓글삭제
삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
댓글쓰기
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.

  • 816, Botanic Park Tower2, 213, Gonghang-daero, Gangseo-gu, Seoul, Republic of Korea
  • 대표전화 : 82-2-2658-4707
  • 팩스 : 82-2-2659-4707
  • 청소년보호책임자 : Stan LEE
  • 법인명 : The Elec Inc.
  • 제호 : THE ELEC, Korea Electronics Industry Media
  • 등록번호 : 서울, 아05435
  • 등록일 : 2018-10-15
  • 발행일 : 2018-10-15
  • 발행인 : JY HAN
  • 편집인 : JY HAN
  • THE ELEC, Korea Electronics Industry Media Prohibiting unauthorized duplication,publishing,modification and distribution the material on this Site for any purpose.
  • Copyright © 2020 THE ELEC, Korea Electronics Industry Media. All rights reserved. mail to powerusr@thelec.kr
ND소프트