Semiconductor Materials, Parts, and Equipment Stocks That Will Rise Even More Than SK Hynix… What You Must Know Before Buying / Is It Time to Look at Secondary Batteries Now?

Summary

Kim Jang-yeol, Center Head at Unistory Asset Management, provides a detailed framework for investing in Korean semiconductor materials, parts, and equipment stocks. He emphasizes that understanding each company's end-customer relationship—whether tied to Samsung, SK Hynix, NVIDIA, Google, or Micron—is the single most important factor. He discusses HBM supply shortages supporting SK Hynix, front-end equipment beneficiaries of domestic capex, oversold NVIDIA/Google-linked plays, and extends the analysis to AI data center power equipment, secondary batteries, and KOSDAQ biotech as rate-sensitive recovery plays.

• Semiconductor equipment investing requires precise knowledge of each company's end-customer: Samsung/Hynix, NVIDIA, Google, Micron, or TSMC.
• Front-end equipment stocks (Eugene Tech, Wonik IPS, TES) directly benefit from Samsung and SK Hynix capex but require valuation discipline.
• HBM supply shortages will persist through next year as capacity expansion takes years; SK Hynix is the primary beneficiary.
• Samsung Electro-Mechanics has a structural advantage over LG Innotek but is already well-bid; buy only on pullbacks.
• Doosan Tesna (NVIDIA-linked) and Isu Petasis (Google-linked) are significantly oversold but need their respective Big Tech customers to provide recovery momentum.
• AI data center power shortages are unresolved structurally; transformer stocks are oversold and should recover when semiconductor leaders stabilize.
• Secondary battery stocks are oversold with fundamentals intact; the ESS and renewable-energy storage thesis remains valid, but earnings visibility is still lacking.
• KOSDAQ biotech is the most rate-sensitive sector and offers the highest upside if interest rates are cut or held steady.