News
SBI Investment Portfolio Company Innotech Makes a Quantum Leap as Sales of SSD and Other Semiconductor Equipment Surge
- SBI Investment portfolio company Innotech continues to post steep top-line growth on the back of a strong MLCC market and surging sales of semiconductor equipment for SSDs and DRAM. The share of semiconductor equipment in its sales jumped from 0.5% in 2024 to 11.6% last year and is expected to exceed 30% this year.
- Innotech plans to invest approximately KRW 26 billion raised in its IPO to build a new plant in Pyeongtaek, Gyeonggi Province, which on completion in the first half of 2027 will triple its production capacity to KRW 100 billion. The company has demonstrated a solid market position, holding an approximately 90% share of flexible display inspection equipment at its major customer, Company S.
- Momentum from global product launches in the second half, including the unveiling of North American Company A's first foldable phone and Company S's exclusive supply of OLED panels, is expected to serve as a strong growth catalyst. SBI Investment plans to actively support the portfolio company's continued growth and stronger market position.
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