KNJ Presents Growth Strategy at IR Event for Institutional Investors

KNJ, a company specializing in materials and components for semiconductor processes, held an on-site investor relations (IR) event for institutional investors and securities analysts, outlining its growth strategy for its CVD SiC business and its future business direction.

KNJ said on October 14 that it had held the IR event on October 8, with “The Time for the Aftermarket Is Coming - The Start of a Volume Growth Cycle” as its key message.

At the event, KNJ explained that as the timing of aftermarket adoption has recently accelerated and its application has expanded from NAND to DRAM, the customer evaluations and adoption base it has built are leading to repeat orders and increased volumes. For Ring designs that have led to actual repeat sales, sales volume over the subsequent 12 months rose by approximately 48-49%.

This year, the company expects revenue from its core semiconductor components business to grow by more than 30% year over year. Increased volumes from major customers and expanded overseas sales are driving growth. As of the end of last month, the company had secured SiC production capacity (CAPA) equivalent to approximately KRW 140 billion in annual revenue.

In overseas markets, the company plans to expand the range of products supplied to existing customers and secure new customers, while extending its supply experience, which has centered on NAND, to DRAM. As a new growth driver, it is pursuing a business in large-diameter single-crystal Si components measuring 500 mm or more in diameter. It has already secured two products that have completed quality verification (qualification) by overseas customers.

A KNJ representative said, “The aftermarket adoption base we have built is leading to repeat orders and increased volumes. Based on confirmed customer demand, we will gradually expand production capacity and broaden our mid- to long-term growth base through overseas markets and our new Si business.”

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