Ideas
Niche semiconductor parts earnings and passive flows
Kim sees institutional money moving away from index-level large-cap trading and toward niche Korean semiconductor materials, parts, and equipment names with real earnings; the KRX semiconductor index rebalancing is also expected to mechanically shift weight from Samsung Electronics and SK Hynix into names such as Hanmi Semiconductor and Jusung Engineering, while strong Taiwan peer results support the group.
HBM and ADR re-rating support SK Hynix
SK Hynix is supported by rising HBM prices and AI infrastructure demand. The US ADR has re-rated sharply to a large premium over the Korean local shares and now trades near Micron's valuation, which Kim argues should keep local shares from staying disconnected and makes dips buyable.
Foreign futures rollover keeps KOSPI upside bias
Foreigners sold heavy cash equity volume into the futures and options expiry but rolled a large portion of futures positions forward. Lee interprets the options positioning and stock futures buying as evidence that foreigners still carry an upside KOSPI bias rather than turning bearish.
Subsea cable earnings outlook improving
Hyundai Marine Solution, a subsea cable installation company, rose sharply on improving third-quarter operating profit expectations. Lee sees the move as linked to power-related engine and power equipment orders rather than a one-off news event.
TSMC August sales acceleration supports guidance
TSMC's August revenue rose 10% month-over-month and 53.3% year-over-year, accelerating from prior months. Kim sees the trend as supportive for the top end of TSMC's Q3 guidance and broadly positive for AI semiconductor infrastructure sentiment.
Semiconductor cleaning/coating growth and capacity expansion
KoMiCo provides cleaning and coating services at Samsung, TSMC, and Intel plants. The company is expected to benefit from capacity expansion and HBM4-related demand, with stable margins and re-accelerating growth next year; Kim sees analyst target prices around 40,000-45,000 won as reasonable.
Legacy foundry price hikes and China demand
DB HiTek is a legacy 8-inch foundry benefiting from tight supply and repeated wafer price increases. Chinese AI and robot demand is flowing back after SMIC and Hua Hong capacity became saturated, margins are near 30%, and analyst reports project earnings growth continuing into next year.
Robotis actuators win Hugging Face/Nvidia demand
Robotis is the actuator supplier for Hugging Face's Microduck robot, which has already drawn about 15,000 orders. Its actuators are used across the robot's joints, the Nvidia-Hugging Face ecosystem validates the technology, physical data collection gives it a non-toy role, and the company is turning profitable with rising trading volume.
Auto PBR valuations now washed out
Kia has fallen to about 0.8x PBR, which Lee says means it has already corrected substantially. Hyundai Motor also trades below 1x PBR on book value, so from a PBR perspective Korean auto valuations look washed out.
Probe card suppliers follow Taiwan strength
Taiwan probe-card suppliers are showing very strong sales, and Lee expects Korean probe-card names to follow. TSE already hit a new high on heavy volume and Sam CNS is a smaller related play in the same semiconductor probe-card theme.
SK Innovation may bounce above 140,000
SK Innovation spiked with oil strength but then pulled back with refining peers. Lee says if it keeps holding above 140,000 won, there is a good chance of another bounce.
Meta Muse AI demand sparks re-rating
Meta's new Muse AI agent is aimed at individual users and early usage reportedly exceeded expectations, driving a sharp repricing. Kim notes Meta was not expensive among big tech, and investors are beginning to price AI agent monetization rather than only capex.
This 3PRO TV (삼프로TV) video, published September 10, 2026,
features Kim Jang-yeol, Lee Kwon-hee
discussing Korean semiconductor materials/parts, 036930.KQ, 000660.KS, EWY, 443060.KS, TSM, 183300.KQ, 000990.KS, 108490.KQ, 000270.KS, 005380.KS, TSE, Sam CNS, 096770.KS, META.
12 trade ideas extracted by AI with direction and confidence scoring.
Speakers:
Kim Jang-yeol,
Lee Kwon-hee
· Tickers:
Korean semiconductor materials/parts,
036930.KQ,
000660.KS,
EWY,
443060.KS,
TSM,
183300.KQ,
000990.KS,
108490.KQ,
000270.KS,
005380.KS,
TSE,
Sam CNS,
096770.KS,
META
