1. What Happened?

Mirae Industry has signed a KRW 5 billion semiconductor inspection equipment supply contract with YILING TRADING. This represents 18.46% of Mirae Industry’s sales, and the contract period is from September 8, 2025, to October 30, 2025.

2. Why Is It Important?

This contract reaffirms the growth of Mirae Industry’s core ATE (Test Handler, etc.) business unit. It is particularly significant as it can be an opportunity to expand into the Chinese market. The ATE business unit accounts for 79.36% of Mirae Industry’s total sales and 97.92% of its operating profit. On the other hand, the impact on the struggling MAI business unit (Chip Mounter, etc.) may be limited.

3. So, What About the Stock Price?

A positive impact on the stock price is expected in the short term. The KRW 5 billion contract will directly contribute to sales growth and demonstrates the potential for expansion into the Chinese market. However, the short contract period (1 month), the sluggish performance of the MAI business unit, and exchange rate fluctuations are factors to consider when investing. The mid-to-long-term stock price trend will depend on securing additional orders and improving the performance of the MAI business unit.

4. What Should Investors Do?

  • Short-term investors: Can take advantage of short-term stock price momentum, but should approach cautiously considering the short contract period.
  • Mid-to-long-term investors: Should carefully analyze Mirae Industry’s future performance and growth potential, and continuously monitor factors such as additional order contracts, MAI business unit performance improvement, and semiconductor industry conditions.