Gigavis Wins 46.9 Billion Won Inspection Equipment Order

What happened

Gigavis disclosed on Oct. 23 that it will supply 46.9 billion won worth of substrate inspection equipment to the domestic facility of a South Korean semiconductor substrate manufacturer. The contract represents 89.51% of its revenue of approximately 52.4 billion won in 2025. The contract runs from Oct. 22 through Dec. 31, 2027; Gigavis will receive a 10% advance payment, with revenue recognized through a 70% interim payment and a 20% final payment. The customer was not disclosed. Background: one of Gigavis' major domestic customers is Samsung Electro-Mechanics, which recently announced plans to invest 4.27 trillion won at its Sejong facility to expand production capacity for FC-BGA substrates based on ABF (Ajinomoto Build-up Film). Securities analysts estimate Gigavis' annual revenue at approximately 98.3 billion won in 2026; its order backlog stood at around 182.1 billion won as of September; and disclosed orders accumulated in the second half of 2026 totaled 68.8 billion won, equivalent to approximately 90% of the 76.1 billion won recorded in the first half.

Impact and signal

Affected components and suppliers

Source and time

Source: The Elec · 10/25/2026 · View original source