Daeduck Electronics is seeing a rise of over 3% in early trading following its announcement of a new facility investment worth nearly 500 billion won.
As of 9:22 a.m. on July 21, Daeduck Electronics shares were trading at 124,700 won, up 4,000 won (3.31%) from the previous trading day.
On July 20, the company disclosed that it had decided to invest 497 billion won in new production facilities and related infrastructure for semiconductor products. This investment represents 55.39% of the company’s consolidated equity of 897.3 billion won as of 2025 and will be funded through existing cash and external borrowing. The investment period is set from today until December 31, 2027.
The purpose of this investment is to expand production capacity in response to increasing demand in the semiconductor market.
Analysts view this investment as a factor that enhances long-term growth expectations. Ko Ui-young, a researcher at iM Investment & Securities, stated, "This 497 billion won investment is separate from the 213 billion won expansion investment announced in May for the Siheung B1 building. The total confirmed investment for this year alone is approximately 850 billion won, significantly exceeding the cumulative investment of 540 billion won during the FC-BGA investment cycle from 2020 to 2022."
He added, "This announcement focuses on investments in FC-CSP and FC-BGA production equipment, encompassing both the Siheung and Ansan facilities. Given the recent supply shortages in the FC-BGA industry, the potential for long-term performance improvement is high."
* This article has been translated by AI.
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