“We aim to become one of the world’s top three semiconductor back-end process specialists by 2020.”

Han Bok-woo, the CEO of Genesem, announced the company’s ambitious vision at an IR session held in Seoul on September 10, 2015. 

Later, the average application rate for the company’s IPO over a two-day period on September 15 and 16 closed at 797.33 to 1. In total, the application account pooled together approximately KRW 1.9 trillion, clear evidence of investors’ strong faith in the company’s stable growth potential.

 

Genesem was able to win over the confidence of investors as a result of its leading competitiveness, which is firmly based on original technologies, aggressive market exploration, an extensive roster of clients at home and abroad, advanced technologies in the global semiconductor equipment market, and its enviable track record of sustained growth backed by a top production infrastructure.

 

Earlier, Genesem attracted the attention of institutional investors during two-day market demand estimates on September 8 and 9, officially setting the company’s IPO price at the highest amount (KRW 10,500) for its IPO price band (KRW 9,500-KRW 10,500). A total of 512 institutional investors participated in the bidding, with an application rate standing at 327 to 1.

 

Genesem CEO Han Bok-woo has been quoted as saying, “We will strive to become the undisputed leader in the semiconductor back-end process equipment market and to become one of the world’s top three companies in the industry.”

Genesem was listed on the KOSDAQ market on September 25, 2015.