KRX:042700

Hanmi Semiconductor Plans New Product Launches and U.S. Expansion

Hanmi Semiconductor (KRX:042700) is planning new product launches and U.S. expansion as it looks to strengthen its position in the AI and High Bandwidth Memory, or HBM, semiconductor markets.The semiconductor company aims to release a second-generation hybrid bonder prototype by year-end, with factory operations slated for early 2027, according to a bourse filing on Monday.Simultaneously, Hanmi is pursuing the establishment of a U.S. subsidiary in the second half of the year to enter the American AI semiconductor market, including terafab facilities.In terms of specific new products, Hanimi plans to launch the BOC COB Bonder for stacked memory, the 2.5D Thermal Compression (TC) Bonder for AI system semiconductors, and a Wide TC Bonder.Hanmi has also doubled its corporate governance compliance rate year-over-year and conducted tax-free dividends for fiscal 2025, achieving an 11.1% growth in total dividends and a 35.5% payout ratio.

ASE Technology Arm to Acquire Hanmi Machinery For NT$1.07 Billion

Advanced Semiconductor Engineering, a subsidiary of ASE Technology Holding (TPE:3711), has agreed to acquire machinery worth NT$1.02 billion from Hanmi Semiconductor (KRX:042700), according to a Friday filing to the Taiwan stock exchange.The machinery will be used for production and operation, the company said.ASE's shares were down nearly 1% in recent trade in Taiwan, while shares of Hanmi fell almost 4% in Seoul trading.

South Korean Shares Close at New High on Chip Stock Gains; Kospi Crosses 9,100 Points

South Korean shares closed at a new high on Monday, with the primary index Kospi closing over 9,100 points, owing to strong gains by chipmakers. Shares of SK Hynix (KRX:000660), Hana Micron (KOSDAQ:067310), and Hanmi Semiconductor (KRX:042700) gained nearly 6%, 16%, and over 2%, respectively, at market close.The gains came as the U.S. and Iran made progress at their high-level negotiations in Switzerland, mediated by Pakistan and Qatar.The benchmark Korea Composite Stock Price Index, or Kospi, rose by 0.7%, or 62.13 points, to close at 9,114.55. The Kosdaq also increased by 0.2%, or 1.81 points, to end at 968.4.In economic news, South Korea's exports jumped 60.4% to $62 billion in the first 20 days of June from $38.7 billion a year earlier, Monday data from the Korea Customs Service showed.Imports increased 23.2% to $44.5 billion from $36.1 billion a year earlier, resulting in a $17.5 billion trade surplus.On the corporate front, PanGen Biotech (KOSDAQ:222110) secured a research service contract to advance a production system and evaluate a non-clinical sample production system for an antibody treatment targeting Severe Fever with Thrombocytopenia Syndrome (SFTS).The contract, valued at 2.8 billion won, is valid till Dec. 31, 2028, according to a Monday filing by the biotechnology company with the Korea Exchange.Shares of Pangen Biotech rose nearly 2% at market close.

South Korean Markets Rebound Sharply as Tech Giants Lead Recovery

South Korean stocks closed sharply higher on Tuesday, marking a rebound from the previous session's 8.3% plunge, thanks to strong gains made by technology stocks. Market heavyweights Samsung Electronics (KRX:005930) and SK Hynix (KRX:000660) added nearly 9% and 16%, respectively, at market close.The Korea Composite Stock Price Index or Kospi rose 612.52 points, or 8.2%, to end at 8,096.93. The Kosdaq also increased by 56.42 points, or 6.2%, to close at 967.81.The volatility prompted the Korea Exchange to deploy "sidecar" mechanisms. It activated a five-minute buy-side sidecar on the country's primary and secondary stock markets on Tuesday morning.A buy-side sidecar was activated for the KOSPI market at 9:12 a.m. after KOSPI200 Futures rose 5.2%. A similar measure was triggered for the KOSDAQ at 9:28 a.m. following a 6.62% jump in KOSDAQ150 Futures.A buy-side sidecar is activated when the KOSPI200 Futures index or the KOSDAQ150 futures rise 5% or more for at least one minute.In corporate news, chipmaker SK Hynix placed an order with Hanmi Semiconductor (KRX:042700) for TC Bonder 4.5 Griffin equipment for HBM4 manufacturing, according to a Monday filing with the Korea Exchange.The contract, worth 44.2 billion won, is valid until Sept. 2.Shares of Hanmi Semiconductor added over 9% at market close.In other news, Xi S&D (KRX:317400) secured a contract worth 141.1 billion won to build an apartment complex and neighborhood commercial facilities in Busan, according to a Tuesday filing with the Korea Exchange.The project comprises the construction of six basement levels and 45 above-ground floors on a site located at Busan's 1394-335 Jung-dong, Haeundae-gu, the filing said.The construction is expected to take 48 months.Shares of Xi S&D, which engages in construction, housing development, and home solution businesses, rose over 3% at market close.

SK Hynix Places KRW44.2 Billion Chip Equipment Order with Hanmi; Shares Jump 8%

Chipmaker SK Hynix (KRX:000660) placed an order with Hanmi Semiconductor (KRX:042700) for TC Bonder 4.5 Griffin equipment for HBM4 manufacturing, according to a Monday filing with the Korea Exchange.The contract, worth 44.2 billion won, is valid till Sept. 2.Shares of the company jumped nearly 8% in recent trade on Tuesday, while those of Hanmi Semiconductor added over 4%.

CLSA Downgrades Hanmi Semiconductor to Hold from Accumulate, Price Target is KRW325,000