The Next Rally Will Explode in Semiconductor Materials, Parts, and Equipment: 'This Stock with Tremendous Growth Potential' — When Will It Join Hands with Samsung Electronics? | CEO Lee Kwon-hee

Summary

Lee Kwon-hee, CEO of WizWave, and host Kim Tae-sung discuss where to invest within the Korean semiconductor materials, parts, and equipment supply chain. Lee argues that front-end equipment is overextended and favors back-end/HBM equipment, with Hanmi Semiconductor as his top pick and potential Samsung adoption as the key catalyst. He also names several narrower opportunities including Techwing, PSK Holdings, DI, KC Tech, CMTX, STI, Daeduck Electronics, TLB, and Samsung Electro-Mechanics. The discussion also touches on Micron's expansion plans and relative preferences between Samsung Electronics and SK hynix.

• Lee Kwon-hee prefers semiconductor back-end/HBM equipment over front-end equipment.
• Hanmi Semiconductor is presented as the top pick due to high margins, Micron demand, and potential Samsung adoption.
• Front-end equipment names such as Wonik IPS and Eugene Technology are seen as valuation-burdened.
• Techwing, PSK Holdings, DI, KC Tech, CMTX, STI, Daeduck Electronics, TLB, and Samsung Electro-Mechanics are discussed as narrower opportunities.
• Micron's capacity expansion in Singapore, Hiroshima, Taiwan, and New York supports the HBM equipment demand thesis.
• Samsung Electronics is said to look relatively more attractive than SK hynix.
• Rejected or borderline topics include generic materials/parts lists and speculative hybrid bonding.