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MKP Sees Revenue Reaching Up to 80 Billion Won Next Year

What happened

MKP, a maker of mass flow controllers (MFCs) for semiconductor manufacturing equipment, said its CEO Jeon Seok-hwan stated on Nov. 11 that the company expects annual revenue of 40 billion won this year with a profit margin of about 20%. MKP reported revenue of 20.1 billion won and an operating loss of 179 million won last year; if the forecast is met, revenue will roughly double from a year earlier. Jeon said the current order book supports a revenue forecast of 60 billion won to 80 billion won next year, with the profit margin expected to reach about 30%. The company is also in talks with Company A, a major US equipment maker, over a mass-production supply agreement covering 2,000 units per month; Jeon said orders from the US company alone would be worth about 20 billion won annually if the deal goes through. MKP registered as a supplier to the company in early 2024 and has since undergone product evaluations. Wonik IPS is MKP's largest customer, and it also supplies Jusung Engineering, TES, PSK, Eugene Technology and SEMES; domestic sales account for 85% of its revenue this year. MKP was selected as a semiconductor company in the sixth group of South Korea's top materials, parts and equipment companies designated by the Ministry of Trade, Industry and Resources and expects about 10 billion won in government support over five years, which it plans to use to develop MFCs for front-end semiconductor processes based on MEMS sensors, with development expected to take five years.

Impact and signal

Medium impactImpact score: 55/100

Affected components and suppliers

mass flow controller (MFC)
MKP
revenue forecastMFCsupply agreement talksMEMSgovernment support

Source and time

Source: The Elec · 11/12/2026 · View original source

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