Outgoing co-CEO Kim Ki-chul to focus on Hanwha Vision business expansion

Kim Jin-woo, incoming CEO of Hanwha Semitech. [Hanwha Semitech]
Kim Jin-woo, incoming CEO of Hanwha Semitech. [Hanwha Semitech]

Hanwha Semitech announced Monday that it has designated Kim Jin-woo, its chief business officer, as incoming CEO.

With the new appointment, Kim Ki-chul — who had led both Hanwha Vision and Hanwha Semitech — will shift his focus to expanding Hanwha Vision's business.

Kim Jin-woo graduated from Korea University with a degree in statistics before working at global firms including KPMG and AT Kearney, then joined Hanwha Group last year. He subsequently moved to Hanwha Semitech, where he took on roles in strategy development and business management. As chief business officer, he worked to restructure the industrial equipment business and secure new growth drivers. Under his push to expand the semiconductor equipment market, Hanwha Semitech posted more than 90 billion won ($66.3 million) in sales last year through its TC Bonder SFM5 Expert.

With Kim at the helm, Hanwha Semitech plans to concentrate on expanding the market for TC bonders — a key piece of equipment in HBM manufacturing — while also breaking into new markets such as hybrid bonders and panel-level packaging.

"We expect the incoming CEO, who has worked to stabilize our core businesses including the semiconductor equipment segment and broaden our market reach, to continue driving new growth for Hanwha Semitech," a company official said.


yeongdai@heraldcorp.com