Chemicals Tycoon Debuts On Korea’s Wealth Ranking As Semiconductor Demand Surges

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Chemicals Tycoon Debuts On Korea’s Wealth Ranking As Semiconductor Demand Surges
Hanmi SemiconductorKorea SemiconductorSemiconductor Stock
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I’m an associate editor at Forbes based in Hong Kong, covering entrepreneurs and investors in Asia. I edit the Korea’s 50 Richest wealth ranking and co-edit the Forbes Asia 100 to Watch list.

he artificial intelligence boom lifted a range of companies across the semiconductor supply chain, from chip designers such as Nvidia to contract manufacturers like TSMC. It even boosted shares of obscure companies like South Korean equipment maker Hanmi Semiconductor and made its CEOBased in Seongnam, south of Seoul, Chung’s 2.4 trillion won market cap company, Soulbrain , makes chemicals needed in the semiconductor-manufacturing process. Soulbrain ’s rise also boosted shares of its 1.

But investors believe the AI boom will boost Soulbrain’s earnings. A similar scenario has played out at Hanmi Semiconductor and South Korean chip-testing firm Leeno Industrial. Both Hanmi Semiconductor’s Kwak and Leeno Industrial founder Lee Chae-yoon, special polishing compounds, or slurries, are especially important for HBM production. The slurries are used to polish the semiconductor layers to ensure that the silicon wafers have virtually no imperfections on their surfaces.

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