Pamtech's stock has reached its daily limit increase during trading hours.
According to the Korea Exchange, as of 12:56 PM on June 1, Pamtech shares rose by 322 won (29.95%) to 1,397 won compared to the previous trading day.
The surge in buying interest is attributed to Pamtech's announcement that it has acquired 100% of the shares in TIS, a company specializing in industrial robotics, as part of its strategy to expand its semiconductor process automation equipment business.
Through this acquisition, Pamtech has gained access to TIS's wafer transfer robot technology and its skilled workforce. The company plans to enhance its semiconductor logistics automation equipment business, including Equipment Front End Modules (EFEM) and sorters, utilizing this technology.
Market analysts are noting the significance of this move as demand for artificial intelligence (AI) semiconductors and high-bandwidth memory (HBM) increases, highlighting the growing importance of advanced packaging processes. Pamtech is positioning itself to enter the next-generation glass substrate automation equipment market.
Glass substrates, which vary in size and thickness compared to traditional silicon wafers, pose a higher risk of breakage, necessitating precise transfer and alignment technologies. Consequently, the growth potential for related automation equipment markets is viewed positively.
Pamtech aims to combine its existing automation equipment design and manufacturing capabilities with TIS's precision robotics technology to secure a leading position in the glass substrate automation equipment market.
A Pamtech spokesperson stated, "By internalizing TIS's technology, we will lead the next-generation packaging and glass substrate automation equipment market while simultaneously pursuing growth and improving profitability."
* This article has been translated by AI.
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