Kwak Dong-sin, Chairman of Hanmi Semiconductor, has completed a stock buyback worth 8 billion won (approximately $6 million). This move is seen as a demonstration of responsible management and confidence in the company's growth potential in the HBM equipment market and advanced packaging sector.
On June 16, the company announced that Kwak had acquired 80 billion won worth of its own shares at a purchase price of 338,917 won per share, following a buyback plan disclosed on May 19.
Since 2023, Kwak has purchased a total of 645 billion won worth of Hanmi Semiconductor shares, totaling 716,055 shares. His ownership stake in the company has now increased to 33.59%.
Market analysts interpret the repeated buybacks by the largest shareholder as a sign of long-term confidence in the demand for HBM equipment and the expansion of next-generation packaging investments, rather than a short-term boost to stock prices.
Hanmi Semiconductor focuses on TC bonder equipment necessary for HBM production. The company continues to lead the market with its supply of TC Bonder 4 and TC Bonder 4.5 for HBM4 mass production and is preparing to launch a prototype of its second-generation hybrid bonder equipment by the end of this year. It aims to release a next-generation wide TC bonder in the first half of next year.
The company is also expanding its business into artificial intelligence (AI) semiconductors and aerospace. On June 12, Hanmi Semiconductor announced a strategic investment of 50 billion won in SpaceX, aimed at supporting Elon Musk's massive semiconductor manufacturing facility, the Terafab project, and addressing the growing demand for AI semiconductors.
Hanmi Semiconductor is preparing to enter the U.S. market as well. By the end of 2026, it plans to establish Hanmi USA in San Jose, California, to enhance technical support for local semiconductor clients.
A company representative stated, "Chairman Kwak's additional stock buyback reflects our commitment to responsible management and confidence in the company's growth aligned with our Terafab supply goals. We aim to strengthen our global leadership in the AI semiconductor and advanced packaging markets."
* This article has been translated by AI.
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