Global Technology Reports First-Half Sales of 28.8 Billion Won, Up 88.8% Year-on-Year

For the first half of this year, Global Technology (GT) reported sales of 28.8 billion won, marking an 88.8% increase compared to the same period last year.

According to GT on the 26th, operating profit in the first half shifted from a loss to a surplus of 1.16 billion won. Net profit for the period also turned around from a loss to a surplus of 1.5 billion won, achieving both top-line growth and improved profitability. GT has submitted a revised securities registration statement reflecting its second-quarter results and is continuing with its KOSDAQ listing procedures.

The key driver behind this performance growth was the expansion of product sales centering on LDI. In the first half, product sales including LDI reached 19.57 billion won, approximately a 4.2-fold increase compared to the same period last year. GT has established its supply base as the official tier-1 supplier to global clients, and as of the first half of 2026, cumulative LDI supply exceeded 200 million units. The company explained that the 'snowball-type revenue model,' in which products adopted by client companies generate recurring sales depending on subsequent model and finished product sales volumes, is now being fully reflected in its results.

With the proportion of product sales rising, the company's fabless business—which has a fixed cost structure focused on design and R&D—has started to see operational leverage kick in. GT expects that, with this turnaround to profitability, future increases in sales will lead to an even steeper rise in profits.

For the second half of the year, GT plans to expand supply to existing clients' next-generation lineups, deliver LDI for Taiwanese monitor manufacturers, and push forward with mass production of new products such as smart mood lamps (SAL) for automobiles and Micro LED driver ICs. Leveraging its proven mass production track record in LDI, the company also intends to broaden its client base to Chinese set manufacturers and global application markets.

Minseon Kim, CEO of GT, stated, "Our results for the first half demonstrate that expanding LDI mass production supply and shifting to a product-centered revenue structure is leading not only to overall growth but also improved profitability. In the second half, we will continue to broaden supply to existing clients, secure new overseas customers, and steadily pursue mass production in growth areas such as system semiconductors for automobiles and Micro LED."

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