Tae Sung Achieves KRW 91.3 Billion in Cumulative Orders in the First Half of the Year

Tae Sung has maintained its growth trajectory this year, with the cumulative order intake for the headquarters and its Chinese subsidiary reaching approximately KRW 91.3 billion in the first half of the year.

According to Tae Sung on June 25, if additional orders currently under negotiation this month are reflected, the cumulative order volume for the first half is expected to reach around KRW 100 billion. Given that there is typically a lead time of about three to four months from order placement to revenue recognition, the orders secured in the first half are expected to be reflected sequentially in the company’s results starting from the second quarter.

Since the beginning of this year, the order base for Tae Sung has been further solidified as major domestic and international PCB manufacturers have gradually resumed capital expenditures. The surge in demand for artificial intelligence (AI) servers and high-performance semiconductors has led to continued expansion of related production capacity (CAPA). This, combined with additional orders from existing clients and new project wins, is seen as creating a robust momentum in order intake.

Kim Jonghak, CEO of Tae Sung, stated, "We will further strengthen the competitiveness of our existing PCB equipment business and expand our domestic and global sales activities in line with the growth of the AI semiconductor and advanced packaging markets, thereby maintaining a stable order base." He added, "Based on our new Cheonan plant, we will further enhance our production competitiveness and customer response capabilities, accelerating our efforts to target the global market."

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