WIZIT to Raise 4 Billion Won Through Capital Increase for Largest Shareholder, Expanding Production Capacity Amid AI Semiconductor Boom

WIZIT, a leading company specializing in core parts for semiconductors and displays, is set to expand its production facilities in response to the rapid growth of the global artificial intelligence (AI) semiconductor market. The company aims to increase its production capacity through investments in semiconductor manufacturing facilities and strengthen its business competitiveness by focusing on high value-added semiconductor components.

On June 2, WIZIT announced that it had decided to issue new shares worth 4 billion won through a third-party allotment capital increase to its largest shareholder, JSI Holdings. Through this fundraising, the company plans to secure resources for facility investment and simultaneously enhance management stability by increasing the stake of its largest shareholder.

The new shares issued through this capital increase will total 3,086,419 shares and are scheduled to be listed on June 30. All newly issued shares will be subject to a one-year lock-up period. After the capital increase, JSI Holdings’ stake will rise by about 6 percentage points to reach approximately 23.6%, with the total stake, including special affiliates, reaching around 39%.

WIZIT manufactures core parts used in advanced memory semiconductor production equipment, including high bandwidth memory (HBM), DRAM, and NAND flash. The company has been designated by the government as a facility for national strategic technology commercialization and is recognized for building high technical barriers based on ultra-precision processing and specialized surface treatment technologies.

In particular, WIZIT is expanding its position as a supplier of essential equipment parts by meeting the strict quality standards required by top-tier global semiconductor manufacturers. As the AI semiconductor market expands, demand for memory semiconductors is rapidly increasing, resulting in a corresponding rise in supply volumes.

The company’s performance is also showing signs of improvement. In the first quarter of this year, WIZIT’s standalone sales increased by 16% compared to the same period last year, while operating profit grew by 137%. Semiconductor business sales alone grew by 115% during the same period, driving overall performance improvement.

Market experts forecast that the rising demand for memory semiconductors will continue, driven by the expansion of AI servers and data center infrastructure. As a result, increased facility investments and higher factory utilization rates by global semiconductor manufacturers are leading to improved performance among materials, parts, and equipment companies, a phenomenon often referred to as the “trickle-down effect.”

WIZIT is focusing on expanding the supply of core equipment parts to major global memory semiconductor manufacturers in line with these market trends. The company plans to strengthen its competitiveness in next-generation semiconductor process components by ramping up production capacity.

A company official stated, “This capital increase demonstrates the largest shareholder’s strong will and confidence in future growth,” adding, “We expect it to serve as a catalyst for future share price appreciation.”

The official further emphasized, “By expanding supply of next-generation semiconductor process components and advancing our business portfolio centered on high value-added products, we aim to make this year the starting point for a quantum leap in performance.”

This capital increase is evaluated as a decision that reflects both an effort to strengthen production capacity in response to the growing AI semiconductor market and a commitment to responsible management by the largest shareholder, raising expectations for WIZIT’s mid- to long-term growth.

This content was produced with the assistance of AI translation services.