Hanmi Semiconductor Chairman Kwak Dong-shin invests 5 billion won to buy back company shares
2026-07-06 11:17
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en.Wedoany.com Reported - Hanmi Semiconductor announced on the 2nd that its representative director and chairman, Kwak Dong-shin, will invest 5 billion won (approximately 26 million yuan) of his personal funds to additionally acquire the company's own shares. The acquisition is expected to be completed through on-market purchases by July 30, raising Kwak's stake to 33.61%.

This marks Kwak's second large-scale share buyback in just two months. Last month, he had already purchased 8 billion won worth of the company's shares, bringing his total personal investment over the two months to 13 billion won. Since 2023, Kwak has accumulated a total of 736,345 shares of the company's stock, amounting to approximately 69.5 billion won. Hanmi Semiconductor stated that this acquisition reflects management's confidence in North American market growth and its commitment to responsible management.

The company plans to establish a local subsidiary, "Hanmi USA," in San Jose, California, by the end of this year to accelerate its entry into the North American semiconductor market. This initiative targets major companies such as Micron, SK Hynix, Intel, as well as the "TeraFab" project led by Elon Musk, an independent semiconductor production initiative valued at $119 billion (approximately 177 trillion won), aiming to provide localized technical support in advance.

As a global leading supplier of TC bonders, a key equipment for high-bandwidth memory (HBM) production, Hanmi Semiconductor has officially begun delivering its "TC Bond 4" equipment for HBM4 production to customers this year. The company plans to unveil a prototype of the "second-generation hybrid bonder" for next-generation HBM production within the year, while also developing a "wide-width TC bonder" targeting a market launch in the first half of next year.

In addition to HBM equipment, Hanmi Semiconductor has introduced 2.5D packaging equipment for AI semiconductors, including the "FC Bond 3.5" and "2.5D TC Bond 40," and is supplying these to foundries and OSAT (outsourced semiconductor assembly and test) companies. The "EMI Shield 2.0 X" series for aerospace applications, launched earlier this year, has also begun deliveries to global companies, further diversifying the company's business scope.

A Hanmi Semiconductor official stated that Chairman Kwak's share buyback reflects the company's commitment to growth, and it will further strengthen its global leadership in the AI semiconductor and advanced packaging markets in the future.

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