Future Industry has signed a semiconductor inspection equipment supply contract worth 10.26 million dollars with a Chinese company. This year alone, the company has secured 11 contracts, totaling 50 billion won.
According to a filing with the Financial Supervisory Service's electronic disclosure system on June 1, Future Industry announced the contract with Chinese firm YILING TRADING, which amounts to approximately 154.2 billion won based on the day's exchange rate.
The contract value represents 30.37% of the company's consolidated revenue of 507.8 billion won from the previous year. The contract is set to run until December 15, with payment terms stipulating 70% to be paid before shipment and the remaining 30% upon final approval.
As a specialist in semiconductor back-end equipment, Future Industry has been steadily increasing its order intake in the global market. The company has actively pursued sales, announcing 11 single sales and supply contracts this year alone.
Notably, on May 27, the company disclosed a contract with Chinese memory semiconductor firm Yangtze Memory Technologies Co. (YMTC) for semiconductor inspection equipment valued at 2.36 million dollars, further expanding its collaboration with clients. Industry experts note that as expectations for a recovery in the global semiconductor market grow, demand for back-end equipment is also gradually increasing.
A company representative stated, "This contract exceeds 30% of last year's revenue, and we expect it to positively impact our sales recognition and performance in the second half of the year. We plan to focus on diversifying our overseas clients and enhancing our technological competitiveness to expand our market share globally."
* This article has been translated by AI.
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