Jusung Engineering ships world-first ALG equipment

Jusung Engineering 17 shipped the world’s first ALG semiconductor manufacturing equipment. The company announced the shipment of new equipment in the semiconductor manufacturing equipment sector. News about semiconductor equipment, robotics and earnings at major companies emerged around the same time in South Korea’s stock market.

Uncertainty persisted in the semiconductor sector. Foreign investors were reported to have bought robotics stocks amid this trend. The market treated robotics stocks as one destination for funds moving outside the semiconductor sector.

The index, buoyed by trends in semiconductors and physical AI, touched 8,000 mark. Profit-taking and foreign selling then weighed on it. The upward trend continued, but selling pressure limited the index’s movement.

HLB Innovation, buoyed by growth in its semiconductor business, 1reported that quarterly standalone revenue increased year on year by 24%. The company said its semiconductor business was behind the increase in its results. The figures are on a standalone, not consolidated, basis.

Kyobo Securities said 1quarterly operating profit was 959billion won. This was an increase of 43% year on year. The securities industry’s results announcements were also included in domestic stock market news.

EM&I 1reported quarterly standalone revenue of 17billion won. The company said it had passed the bottom of its performance cycle. The announcement covered both standalone revenue and the company’s assessment of its results.

This domestic stock market news is divided into semiconductor equipment shipments, foreign buying of robotics stocks, and company-specific 1quarterly earnings announcements. Jusung Engineering, HLB Innovation, Kyobo Securities, and EM&I each released company news. Profit-taking and foreign selling were both mentioned in connection with index movements.