Jusung Engineering H1 2025 Earnings: AI Chip Boom Drives Growth
Jusung Engineering reported a 29.7% YoY increase in revenue, reaching 199.6 billion KRW in H1 2025, fueled by the explosive demand for AI chips and subsequent surge in facility investments. Semiconductor manufacturing equipment, comprising 98.8% of their revenue, spearheaded this remarkable growth.
Future Growth Drivers: ALD/CVD Technology Leadership
Jusung Engineering holds a strong competitive edge with its world-class ALD technology, ranking 4th globally in the ALD equipment market. The continued growth of the AI/HPC market is expected to drive sustained demand for ALD/CVD equipment, solidifying Jusung Engineering’s future growth prospects. Their commitment to innovation is evident in their substantial R&D investment, accounting for 27.52% of their revenue.
Investment Considerations: Display Segment Weakness and External Factors
Despite the positive outlook, investors should be mindful of the weakness in the display equipment segment. Increased competition from Chinese manufacturers is a key concern, requiring careful evaluation of future prospects. Furthermore, external factors like fluctuations in the USD/KRW exchange rate and potential interest rate changes warrant close monitoring.
Investor Action Plan: Focus on Long-Term Growth Potential
Jusung Engineering is poised to benefit directly from the growth of the AI chip market, making it a compelling long-term investment. Investors should focus on the company’s strong fundamentals and future growth potential, rather than short-term market fluctuations.
What is Jusung Engineering’s main business?
Jusung Engineering develops and manufactures equipment for semiconductor, display, and solar cell production. They possess strong technological capabilities, particularly in semiconductor equipment, with a global competitive edge in the ALD/CVD equipment market.
What is the outlook for Jusung Engineering’s stock price after the IR presentation?
The IR presentation reaffirmed the growth potential and technological leadership of Jusung Engineering in the semiconductor business, suggesting a positive market response. However, cautious investment decisions are advised, considering external factors and the weakness in the display segment.
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