Samsung Electro-Mechanics (009150)
삼성전기 · KOSPI · FC-BGA package substrates and MLCCs
KOSPI · Price as of · Naver Finance · Converted at ₩1344 per dollar
- Code009150
- ExchangeKOSPI
- Korean name삼성전기
- Quoted inKorean won
- US listingNone
- Run byChang Duckhyun
- Analysts27
- Implied upside+82.5%
- Target range₩950,000 to ₩3,200,000
- Target in dollars$1,785
Reported fundamentals
There is no stock score on this page. The score is computed from audited XBRL filings on SEC EDGAR and includes a 20-point insider component built from Form 4s, and a Korean company files neither, so a grade here would be measuring something different from the same letter on a US hub. These are the reported figures instead.
| Revenue | ₩11.3T ($8.4B) | +9.9% against the prior year |
| Net income | ₩706.1B ($525.3M) | 6.2% net margin |
| Capital spending | ₩1.2T | 11.0% of revenue |
| Shares outstanding | 75,547,250 | +3.9% 2022 to 2025, dilution |
| Cash | ₩3.3T ($2.5B) | Current ratio 1.7 |
| Total debt | ₩3.1T ($2.3B) | Debt to equity 29.3 |
| Forward P/E | 30.2 | On analyst estimates, not on reported earnings |
Samsung Electro-Mechanics closed at ₩1,201,000 on Oct 27, down 19.2% since Sep 22. Daily closes on the KOSPI, in won. Source: Yahoo Finance.
What Samsung Electro-Mechanics does
Samsung Electro-Mechanics makes components rather than chips. Two of its product lines matter for AI hardware: flip-chip ball grid array substrates, which are the engineered boards a processor is mounted on and which carry signals between the chip and everything around it, and multilayer ceramic capacitors, which regulate power delivery and are used in the thousands on a server board.
Substrates for AI accelerators are the growth story. They are harder to build than the substrates a phone chip needs, with more layers and tighter tolerances, and supply has been tight enough that customers have signed up capacity in advance. The rest of the business still sells into phones and cars, so the ordinary consumer electronics cycle continues to show up in the numbers alongside the server demand.
Samsung Electro-Mechanics is run by Chang Duckhyun (장덕현), President and CEO, since March 2022.
Samsung Electro-Mechanics has no US listing. Buying the shares means buying the Seoul line, which most US brokerage accounts cannot do directly.
Samsung Electro-Mechanics coverage
13 articles
Samsung Electro-Mechanics (009150) lands $267 million memory substrate deal. Kiwoom ties 84% of Daeduck's sales and 72% of Simmtech's to the same substrates.
The customer stays secret through 2027. Korean brokers say the deal shows the substrate shortage has moved from AI chips to memory chips.
Samsung Electro-Mechanics (009150) plans $5 billion substrate expansion
Samsung Electro-Mechanics will spend 6.78 trillion won ($4.98 billion) on new chip substrate lines in Korea and Vietnam. Korean reports name the customer paying the largest share in advance.
Samsung Electro-Mechanics is up 449% on AI-server demand. It's still 42% below its high.
The Kospi's best stock of 2026 is a Samsung affiliate that makes the capacitors and substrates inside AI servers. It has risen 449% this year and still sits 42% under its 52-week high.
Micron (MU) is down nearly 15% on fears of a 2029 memory glut. Chip suppliers report shortages now.
The glut forecasts look to 2028 and 2029. This week, Samsung Electro-Mechanics, Nvidia, Lam Research, and a Minnesota chipmaker described shortages of substrates, parts, and helium happening today.
Nvidia (NVDA) says its new DSX POD AI factories can be deployed in as little as 14 days, down from six months
Huang said a three-month delay could postpone $10 billion in revenue. The keynote capped a week of startup deals across Europe.
Simmtech makes 70% of the boards under Nvidia's new memory modules. The stock rose 12.6% after Nvidia's earnings.
Simmtech, a substrate maker from Cheongju, closed up 12.60% after Nvidia's results and is up 27.3% in a week. It makes about 70% of the substrates for SOCAMM, the memory module in Nvidia's AI servers.
Other Korean AI listings
| Company | Code | Board | What it makes |
|---|---|---|---|
| SK Hynix | 000660 | KOSPI | HBM memory for AI accelerators |
| Samsung Electronics | 005930 | KOSPI | Memory, foundry and the broader electronics business |
| Hanmi Semiconductor | 042700 | KOSPI | Thermal compression bonders for HBM stacking |
| HPSP | 403870 | KOSDAQ | High-pressure annealing equipment |
| Wonik IPS | 240810 | KOSDAQ | Deposition and etch equipment for memory |
| Leeno Industrial | 058470 | KOSDAQ | Test probes and probe cards |
| Naver | 035420 | KOSPI | Korea's search platform and HyperCLOVA X |
| LG Innotek | 011070 | KOSPI | Camera modules and package substrates |
| Simmtech | 222800 | KOSDAQ | Package substrates for memory |
| Techwing | 089030 | KOSDAQ | Memory test handlers |
| Hana Micron | 067310 | KOSDAQ | Semiconductor packaging and test |
| ISC | 095340 | KOSDAQ | Test sockets |
| Jusung Engineering | 036930 | KOSDAQ | Atomic layer deposition equipment |
| Soulbrain | 357780 | KOSDAQ | Process chemicals for chipmaking |
| Samsung SDS | 018260 | KOSPI | IT services, cloud and data centers |
| SK Square | 402340 | KOSPI | Holding company whose main asset is SK Hynix |
| Kakao | 035720 | KOSPI | Messaging platform building consumer AI |
| HD Hyundai Electric | 267260 | KOSPI | Transformers and switchgear |
| LS Electric | 010120 | KOSPI | Power distribution and automation |
| Hyosung Heavy Industries | 298040 | KOSPI | Transformers and heavy electrical equipment |
| Doosan Enerbility | 034020 | KOSPI | Power plant equipment, turbines and nuclear components |
| Sam-A Aluminium | 006110 | KOSPI | Aluminum foil for energy-storage and secondary batteries |
Frequently asked questions
What is Samsung Electro-Mechanics's stock code?
Samsung Electro-Mechanics trades on the KOSPI in Seoul under the code 009150. Data providers usually write it as 009150.KS. The company has no US listing, so the Seoul line is the only place the shares trade.
Why is Samsung Electro-Mechanics an AI stock?
Samsung Electro-Mechanics makes components rather than chips. Two of its product lines matter for AI hardware: flip-chip ball grid array substrates, which are the engineered boards a processor is mounted on and which carry signals between the chip and everything around it, and multilayer ceramic capacitors, which regulate power delivery and are used in the thousands on a server board.
What do analysts expect for Samsung Electro-Mechanics?
27 analysts covering Samsung Electro-Mechanics have an average price target of ₩2,399,259 (about $1,785), which is +82.5% against the last close. Coverage of Korean listings is overwhelmingly domestic, so these are Korean brokerage estimates rather than the US sell-side names that cover an American chip stock.
Does Samsung Electro-Mechanics file with the SEC?
No. Samsung Electro-Mechanics is a Korean company listed in Seoul, so it reports to the Korea Exchange and the Financial Supervisory Service, not the SEC. That is why this page has no filings, Form 4 insider or congressional trading sections: those are built from EDGAR, which has nothing on a company that does not file there.