Hanmi Semiconductor Chairman Kwak Dongshin to Buy Additional 10 Billion Won in Company Shares

Hanmi Semiconductor Chairman Kwak Dong-shin will invest his personal funds to purchase an additional 10 billion won worth of company shares. This will bring his total purchases this year to 26.7 billion won across five transactions. The move is seen as underscoring his commitment to responsible management as the largest shareholder while signaling confidence in the company’s medium- and long-term growth prospects.

Hanmi Semiconductor announced on November 4 that Chairman Kwak plans to purchase an additional 10 billion won worth of shares on the open market on December 2. Once the purchase is complete, his stake will rise to 33.69%. The total value of Hanmi Semiconductor shares he has acquired since 2023 will reach 80.2 billion won.

This year alone, Chairman Kwak purchased 3 billion won worth of shares in April, 8 billion won in June, 5 billion won in July, and 700 million won in October. Including the additional 10 billion won purchase, the total value of shares he will acquire with his personal funds this year will amount to 26.7 billion won.

The purchase appears to reflect expectations for Hanmi Semiconductor’s growth potential amid the expansion of the artificial intelligence (AI) semiconductor market. The company expects to post record annual revenue in 2026, following record highs in 2024 and 2025, backed by increased investment in high-bandwidth memory (HBM) and advanced AI packaging manufacturing facilities. In other words, it anticipates setting new revenue records for three consecutive years.

A key growth driver is the thermocompression (TC) bonder, which is required to produce next-generation HBM. As demand for related equipment is expected to grow with increases in the number of HBM layers, the company expects that new TC bonders for large-area AI package processes, flip-chip (FC) bonders, and its “Micro Saw & Vision Placement (MSVP)” systems will also support earnings growth.

The company is also expanding its business in the market for electromagnetic interference (EMI) shielding equipment used in aerospace and smart device semiconductor processes.

Hanmi Semiconductor is also expanding into overseas markets. Following the establishment of Hanmi Taiwan, Hanmi China, and Hanmi Singapore, the company set up a local subsidiary, Hanmi USA, in San Jose, California, last October. The subsidiary will serve as a base for strengthening technical support for local customers and increasing equipment supply in response to expanded investment in semiconductor manufacturing facilities in the United States.

A Hanmi Semiconductor spokesperson said, “Chairman Kwak Dong-shin’s additional share purchase reflects his confidence in the company’s technology and future growth, as well as his commitment to responsible management as the largest shareholder. We will strengthen our global competitiveness by entering the U.S. market and expanding supplies of advanced packaging equipment, and continue to enhance corporate and shareholder value through sustained growth.”

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