South Korean PCB Q2 Profits Surge 3,599% on AI Server Demand

Daedeok Electronics and Simmtech report massive YoY profit jumps in Q2. Analysts cite AI server growth and SOCAMM adoption as key drivers for continued expansion.

Woofun AI data shows that South Korean PCB manufacturers maintained strong Q2 performance with improved Q3 profit expectations. Daedeok Electronics reported Q2 revenue of 401 billion won, up 63% year-on-year, while operating profit surged 3,599% to 70.3 billion won. Simmtech saw revenue rise 51% to 514.6 billion won and operating profit increase 1,035% to 62.9 billion won. TLB recorded an 86% operating profit increase to 12.8 billion won.

Analyst Jukan noted that capacity shifts from Taiwan's Hon Hai Precision Industry toward high-value ABF substrates may redirect BT substrate orders to South Korean firms.

Additionally, the upcoming shipping phase of NVIDIA's Vera Rubin GPU and CPU platform is expected to drive demand for SOCAMM PCBs, benefiting suppliers like Simmtech and TLB.