[Edaily Reporter Park Sun-Yeop ] DaeduckElectronics is trading higher in early trading following news that the company has decided to make a new capital investment of nearly 500 billion won. This is seen as reflecting expectations for an expansion in production capacity for high-value-added semiconductor substrates, such as flip-chip ball grid array (FC-BGA) and flip-chip chip-scale package (FC-CSP).
According to MP Doctor on the 21st, DaeduckElectronics(353200)was trading at 125,900 won as of 9:09 a.m. today, up 5,200 won (4.31%) from the previous trading day.

DaeduckElectronics announced the previous day that it had decided on a new capital investment of 497 billion won. The investment amount represents 55.4% of the company’s equity, and the investment period runs from this month through December of next year. This investment is scheduled to focus on production equipment for FC-CSP and FC-BGA at the Siheung and Ansan plants.
Combined with the 213 billion won investment in buildings and infrastructure announced last May, the total disclosed investment amounts to 710 billion won. When adding the 52.8 billion won acquisition cost for the NEWFLEX TECHNOLOGY Co., LTD. Ansan plant and the 90 billion won in previously deferred FC-BGA investments, the total confirmed investment for this year reaches approximately 850 billion won.
This figure significantly exceeds the cumulative 540 billion won that DaeduckElectronics invested in FC-BGA from 2020 to 2022. In a report released today, iM Securities assessed this as evidence of the scale and sustainability of the current investment cycle.
The target start dates for operations are the second quarter of next year for FC-BGA and the third quarter of next year for FC-CSP. Since FC-BGA involves installing equipment within existing infrastructure, it is expected to begin operations sooner than FC-CSP, which is tied to the completion of a new building.
Go Eui-young, an analyst at iM Securities, said, “Since the company has proactively secured land and buildings near the Ansan site, there is a possibility that additional capital expenditure announcements will follow once the specific uses are determined,” adding, “The total investment scale for this cycle could exceed the currently confirmed amount.”
iM Securities maintained its “Buy” rating and target price of 200,000 won for DaeduckElectronics.