掩膜公司，宣布涨价10%

Core Viewpoint - S&S Tech plans to increase the price of its blank masks by approximately 10% in 2024 due to the steady rise in quartz prices, which are expected to continue increasing, thus potentially enhancing the company's profitability [1][2]. Group 1: Company Performance - S&S Tech reported revenue of 176 billion KRW and an operating profit of 29.5 billion KRW in the previous year, marking a growth of 17% and 19% respectively compared to 2023 [1]. - The company is projected to achieve revenue of 240 billion KRW this year, representing a 40% increase from last year, with an expected operating profit margin of 20% [1]. - The growth in revenue is primarily attributed to strong demand from the Chinese market, despite the company not raising mask prices this year [1]. Group 2: Market Dynamics - The supply of high-purity quartz, essential for mask manufacturing, is limited, with American companies The Quartz Corp and Covia holding over 80% of the market share [2]. - The demand for quartz crucibles is surging due to the expansion of wafer fabrication capacity in China and increased demand from the solar panel market [2]. - S&S Tech has expanded its market share in China to 40%, with the Chinese market accounting for over half of its blank mask revenue [2]. Group 3: Strategic Developments - S&S Tech is also expanding its extreme ultraviolet (EUV) lithography mask business, which is currently dominated by Hoya [3]. - Samsung is collaborating with S&S Tech to reduce reliance on Japanese suppliers and aims to save costs and shorten delivery times by sourcing from the Korean company [3].