Robot and Semiconductor Component Stocks, the Bio Sector, and Gigavis Investment Strategy

He analyzed that these sectors hold an important position in the market and could offer opportunities for investors. He added that the robot sector is expected to keep drawing attention as a future growth driver.

He assessed that these companies have the potential to benefit alongside the growth of the robot market. He stressed that attention should be paid to companies expected to play key roles in the robot parts sector.

He analyzed that these undervalued stocks are likely to be re-rated in the future. He stressed that investors should move beyond large-cap-centered investing and look for hidden value.

Jo Gi-jun argued that investors should move past the notion that the bio sector performs poorly during a rate-hike cycle. He explained that stocks with cash inflows or technology export results, such as Alteogen and Alginomics, should be viewed as buys. He stressed that earnings-based bio companies have the potential to keep growing despite changes in the external environment, and emphasized the importance of separating good stocks from bad.

Jstack holds domestically developed precision reducer technology related to robots and produces core robot unit components. He noted that demand is expected to rise with the expansion of the domestic and global robot markets, and assessed that the company has significant growth potential given its secondary battery equipment manufacturing technology. Based on this technology, he presented a second target price of 20,000 won as fully achievable.

Today's stock pick is Gigavis, a company holding the No. 1 global market share in automatic appearance inspection and automatic repair equipment for semiconductor substrates. The company has outstanding technology in inspection and inspects a range of substrates including PCB, HDI, FPCB, and package substrates. In particular, as substrates become finer and more advanced, the importance of Gigavis's equipment is growing.

Ibiden plans to increase its capex by 70%, and Samsung Electro-Mechanics has also announced expansion plans for its Vietnam plant. Expanded investment by these customers translates directly into higher equipment demand for Gigavis, and because Gigavis's capacity expansion is still in its early stages, growth is expected to continue through next year. Gigavis has already raised its current capacity to 300 billion won.

This is an unusual figure even within the semiconductor equipment industry and shows the company's outstanding technology and efficient business structure. It also secured orders worth a total of 100 billion won across eight contracts from June to August, and it is expected that these orders alone will generate 34 billion won in operating profit, so earnings growth is expected to accelerate further in the second half.

Semiconductor packaging technology is shifting from wafer-level packaging to panel-level packaging and ultimately to glass substrates. Because glass substrates require more precise inspection than existing substrates, demand for high-spec inspection equipment is expected to surge. Jo Gi-jun stressed that Gigavis would be the company that benefits most from a shift to the glass substrate market. This means Gigavis is securing new growth drivers in line with changes in next-generation semiconductor technology.