Samsung Electro-Mechanics wins ₩1.82 trillion AI chip contract

Samsung Electro-Mechanics (KRX:009150) won a ₩1.82 trillion contract to supply semiconductor packaging and interconnect components for AI accelerator modules, the company disclosed Wednesday. The contract spans three years of production and involves advanced ball-grid array (BGA) packaging for high-bandwidth memory stacks used in AI training systems.

Samsung Electro-Mechanics manufactures packaging substrates and has supplied modules to Samsung Electronics and NVIDIA-approved third-party assemblers. AI accelerator demand is driving demand for advanced packaging as GPU and AI chip power densities rise, requiring more sophisticated thermal and electrical management.

Samsung Electro-Mechanics' market capitalisation was ₩100.7 trillion at Thursday's close. First-half 2026 operating income of ₩247 billion grew 11% from a year earlier as semiconductor packaging volumes recovered from 2025 slump. Advanced packaging carries margins 30-40% higher than commodity interconnect production.

Global semiconductor packaging is consolidating around three suppliers: Samsung, Japan's Sony and ASM Pacific, driven by capital intensity and technical specialization in advanced geometries.

Sources

  1. Newsis
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