Hana Securities Raises ISC Target Price by 39% Amid Growing Demand for AI Semiconductor Test Sockets

By RYU SO HYUN Posted : June 24, 2026, 08:48 Updated : June 24, 2026, 08:48
[Photo: ISC]
Hana Securities announced on June 24 that it has raised its target price for ISC from 180,000 won to 250,000 won, an increase of 38.9%, citing expanding demand for test sockets for AI semiconductors and the expected benefits from capacity expansion. The firm maintained its "buy" rating.
Kim Min-kyung, an analyst at Hana Securities, stated, "In the second half of the year, the operation of new production facilities will begin, and the supply of next-generation AI accelerator test sockets will ramp up, leading to significant growth in performance."
Hana Securities projects that ISC's revenue and operating profit for the first quarter of this year will reach 73 billion won and 21.9 billion won, respectively, marking increases of 41% and 60% compared to the same period last year. For the full year, the firm forecasts revenue of 314.5 billion won and operating profit of 105.4 billion won.
Kim noted that the growth in revenue from test sockets for GPUs and server CPUs is driving performance growth. Notably, the next-generation AI accelerator test sockets are seeing both price increases and expanded market share among clients, while demand for server CPU test sockets is also rising due to increased demand for inference AI.
The expansion of production capacity is also identified as a growth driver. ISC plans to increase its annual production capacity of test sockets from approximately 300 billion won to around 400 billion won by the second half of 2027. Investments in production facilities in Vietnam and South Korea are ongoing, with phased operations scheduled for August of this year, January of next year, and the second half of 2027.
Kim emphasized, "As chip performance and size requirements increase, the structural growth of semiconductor test sockets continues, and the demand for mounting test sockets is expanding to enhance total cost of ownership (TCO) efficiency in data centers. We have secured long-term growth visibility through capacity expansion based on client demand."



* This article has been translated by AI.

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