[Edaily Reporter Kim Hyung-il ] Ajin X-Tech ( AJINEXTEK Co., Ltd.(059120)), a company specializing in precision motion control, announced on the 14th that its first-half earnings improved this year, driven by the recovery of key Chonbang industries such as semiconductors and smartphones.

AJINEXTEK Co., Ltd. recorded revenue of 16.293 billion won, operating profit of 2.01 billion won, and net income of 1.954 billion won in the first half of this year. Revenue increased by 54.8% compared to 10.528 billion won in the same period last year. Operating profit and net income turned from losses of 2.233 billion won and 2.301 billion won, respectively, in the first half of last year to profits.

The improvement in second-quarter performance was even more significant. Second-quarter revenue reached 8.873 billion won, up 66.5% year-over-year and 19.6% quarter-over-quarter. Operating profit stood at 1.811 billion won, and net income was 1.743 billion won. The operating profit margin for the second quarter was 20.4%, a significant increase from 2.7% in the first quarter.

The improvement in performance was driven by the motion control division, the company’s core business. Motion control is a technology that precisely controls the movement of motors in industrial machinery and equipment. In the first half of the year, motion control revenue totaled 15.655 billion won, accounting for 96.1% of total revenue. By Chonbang industry, the semiconductor sector accounted for 8.346 billion won (51.2%), while the smartphone sector accounted for 7.134 billion won (43.8%).

AJINEXTEK Co., Ltd. explained that expanded investment in semiconductor equipment, driven by growing demand for AI servers and High-Bandwidth Memory (HBM), led to increased demand for equipment and motion controllers. In the smartphone sector, capital expenditures for new mass production at global manufacturing hubs such as China and India, along with demand for camera module inspection equipment and dispensing equipment, contributed to the improved performance.

Based on its non-memory semiconductor design technology, AJINEXTEK Co., Ltd. is developing industrial motor control technology and expanding this into motion control chips, modules, systems, and robot controllers. The company supplies products to the manufacturing and inspection automation market—including semiconductors and smartphones—based on its proprietary CAMC series of motion control application-specific integrated circuits (ASICs).

Furthermore, AJINEXTEK Co., Ltd. plans to expand its business scope into the fields of advanced motion control and industrial robots, building on the recovery of its core business. While continuing to develop high-precision motion control algorithms and system-on-chip (SoC)-based platforms, the company is also pursuing an original equipment manufacturer (OEM) business for robot controllers and industrial robots utilizing its proprietary motion control technology. It also plans to prepare for the commercialization of motion controllers incorporating physical AI technology, which will be applied to manufacturing sites in the future.

Meanwhile, as of the end of June, AJINEXTEK Co., Ltd.’s cash and cash equivalents stood at approximately 18.5 billion won, up from about 15.1 billion won at the end of last year. The debt-to-equity ratio is 10.2%, and net cash flow from operating activities for the first half of the year recorded an inflow of approximately 4.6 billion won.