2026 1Q 기준평가 2026. 08. 19.근거 공시 새 창에서 열기
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寃곕줎: 紐⑥뀡?쒖뼱 移⑷낵 怨좉컼 ?앺깭怨꾧? ?댁옄吏留? ?λ퉬?ъ옄 ?ъ씠?댁뿉 誘쇨컧?섎떎
?꾩쭊?묒뒪?띿? 鍮꾨찓紐⑤━ 諛섎룄泥??ㅺ퀎湲곗닠???댁슜???곗뾽??紐⑦꽣 ?쒖뼱 ?먯쿇湲곗닠??媛쒕컻?섍퀬, ASIC쨌SoC ?뺥깭??紐⑥뀡?쒖뼱 移⑷낵 紐⑤뱢쨌?쒖뒪?쑣룸줈遊뉗젣?닿린瑜?怨듦툒?쒕떎. 諛섎룄泥는룹뒪留덊듃?걔텽LED쨌?댁감?꾩? ?λ퉬? ?곗뾽??濡쒕큸???ㅼ뼱媛???쒖뼱 遺?덉씠?댁꽌 ?λ퉬???뺣??꾩? ?덉젙?깆뿉 吏곸젒 愿?ы븳?? 2026??1遺꾧린 留ㅼ텧? 74.20?듭썝?쇰줈 ?꾨뀈 ?숆린 ?鍮?42.7% ?섏뿀??
1. ?쒖? ?쒗뭹怨?留욎땄???쒗뭹???④퍡 ?먮떎
| 2026??1遺꾧린 ?덈ぉ | 留ㅼ텧 | 鍮꾩쨷 |
|---|---|---|
| 紐⑥뀡?쒖뼱湲? | 69.45?듭썝 | 93.6% |
| 濡쒕큸?쒖뼱湲??? | 2.83?듭썝 | 3.8% |
| ?⑹뿭쨌湲고? | 1.92?듭썝 | 2.6% |
| ?⑷퀎 | 74.20?듭썝 | 100.0% |
怨듦툒 ?뺥깭濡쒕뒗 Commercial ?쒖??쒗뭹??65.24?듭썝(87.9%), Customized ?쒗뭹??8.96?듭썝(12.1%)?대떎. ?쒖? ?쒗뭹? 380?ш컻 怨좉컼?ъ뿉 怨듦툒???뱀젙 怨좉컼 ?섏〈?꾨? ??텛怨? 留욎땄???쒗뭹? ASM Korea, ?쇱꽦?꾩옄 媛?꾩궗?낅?, ?몃찓?? ?먯씡IPS, ?꾨??????λ퉬?낆껜???꾩슜 ?쒖뼱湲곗뿉 ?곸슜?쒕떎. ASMK媛 ?쒖옉?섎뒗 ALD ?λ퉬???뱀궗 ?쒖뼱湲곌? ?곸슜?섏뼱 援?궡??諛섎룄泥?怨좉컼??怨듦툒?쒕떎???ㅻ챸? 怨좉컼 怨듭젙???ㅼ뼱媛?湲곗닠???꾪솚鍮꾩슜??蹂댁뿬以??
留ㅼ텧? 吏곸젒?먮ℓ 66.4%, ?由ъ젏 33.6%濡?援ъ꽦?쒕떎. ?由ъ젏怨??λ퉬 ?뚰봽?몄썾???낆껜瑜??듯빐 ?ㅼ뼇???먮룞???λ퉬濡??뺤궛?????덇퀬, 怨듭떆???⑥씪 怨좉컼??留ㅼ텧??10% ?댁긽??李⑥??섏? ?딅뒗?? 怨좉컼 遺꾩궛怨??쒖? ?뚮옯?쇱? ??怨좉컼??諛쒖＜ 蹂?숈쓣 ?꾩땐?섎뒗 ?μ젏???덉?留? ????λ퉬?낆껜???④? ?묒긽?κ낵 ?ш퀬 議곗젙 ?곹뼢???꾩쟾???쇳븷 ?섎뒗 ?녿떎.
2. 移??ㅺ퀎 ??웾???몄＜ ?쒖“ 援ъ“瑜?蹂댁셿?쒕떎
?뚯궗??PCB쨌耳?댁뒪쨌SMT ???쒖“怨듭젙 ?遺遺꾩쓣 ?몄＜?뷀븯怨? 紐⑥뀡?쒖뼱 移??ㅺ퀎? ?뚯썾?는룹븣怨좊━利샕룻넻???명꽣?섏씠?ㅻ? ?듭떖 寃쎌웳?μ쑝濡??쇰뒗?? CAMC 怨꾩뿴 移? EtherCAT쨌EtherNet/IP쨌Mechatrolink쨌SSCNET ???곗뾽???ㅽ듃?뚰겕, 紐⑥뀡쨌?붿??맞룹븘?좊줈洹맞룻넻??紐⑤뱢???④퍡 ?쒓났??怨좉컼???щ윭 遺?덉쓣 ?듯빀?섎뒗 遺?댁쓣 以꾩씤??
?꾩옱 Middle-end 紐⑥뀡?쒖뼱 ?쒖옣?먯꽌 CAMC 湲곕컲 ?깅뒫쨌媛寃?寃쎌웳?κ낵 30% ?댁긽 ?먯쑀?⑥쓣 ?뚯궗媛 ?쒖떆?섍퀬 ?덉쑝硫? High-end ?쒖옣? ?댁쇅 ?쒗뭹??90% ?댁긽 ?먯쑀??寃껋쑝濡??ㅻ챸?쒕떎. High-end SoC? 怨좎젙諛 ?뚭퀬由ъ쬁, ARC 濡쒕큸?쒖뼱湲걔톆TR/LTR ?곸슜 寃쏀뿕??諛뷀깢?쇰줈 ?몄궛 ?쒖뼱湲??泥대? 異붿쭊?섎뒗 寃껋? ?낆궗?대뱶?? ?ㅻ쭔 ?뚯궗媛 ?쒖떆???쒖옣?먯쑀?⑥? ?몃? 寃利??섏튂媛 ?꾨땲硫? High-end 媛쒕컻???ㅼ젣 ???怨좉컼 ?묒궛?쇰줈 ?댁뼱吏?붿?媛 以묒슂?섎떎.
3. ?뚮났 援?㈃?댁?留?TTM 留덉쭊? ?꾩쭅 10% 誘몃쭔?대떎
2025??留ㅼ텧? 246.18?듭썝, ?곸뾽?댁씡? 9.63?듭썝?댁뿀?? 2025??1遺꾧린? 2026??1遺꾧린瑜?諛섏쁺??TTM 留ㅼ텧? ??268.38?듭썝, ?곸뾽?댁씡? ??22.63?듭썝, ?곸뾽?댁씡瑜좎? ??8.43%??
| 援щ텇 | 2025??1遺꾧린 | 2026??1遺꾧린 | 蹂?? |
|---|---|---|---|
| 留ㅼ텧 | 52.01?듭썝 | 74.20?듭썝 | +42.7% |
| ?곸뾽?댁씡 | -11.01?듭썝 | 1.99?듭썝 | ?묒옄?꾪솚 |
| ?곸뾽?댁씡瑜? | -21.17% | 2.68% | 媛쒖꽑 |
2026??1遺꾧린 留ㅼ텧? 諛섎룄泥??λ퉬 遺꾩빞 ?뚮났怨??댁감?꾩?쨌濡쒕큸 OEM 留ㅼ텧 諛쒖깮???곹뼢??諛쏆븯吏留? 遺꾧린 ?곸뾽?댁씡瑜좎? 2.7%濡???떎. 怨좉컼 ?몄쬆怨??묒궛 ?뺤궛源뚯? 媛쒕컻鍮꽷룹??먮퉬媛 ?좏뻾?????덇퀬, ?λ퉬?낆껜??諛쒖＜ 誘뱀뒪???곕씪 ?쒖?怨?留욎땄??留덉쭊???щ씪吏????덈떎. ?곌뎄媛쒕컻鍮꾨뒗 8.46?듭썝?쇰줈 留ㅼ텧??11.4%?대ʼn, 怨좉툒 紐⑥뀡?쒖뼱? 濡쒕큸?쒖뼱湲?媛쒕컻??怨꾩냽?섍퀬 ?덈떎.
?먯닔 洹쇨굅
| ??ぉ | ?먯닔 | ?먮떒 |
|---|---|---|
| 吏꾩엯?λ꼍 | 68 | 移??ㅺ퀎쨌?ㅼ떆媛??쒖뼱쨌?곗뾽???듭떊쨌怨좉컼 怨듭젙 寃利??꾩슂 |
| ?꾪솚鍮꾩슜 | 61 | ?λ퉬 ?쒖뼱 ?뚰봽?몄썾?는룹씤?고럹?댁뒪쨌?묒궛 ?좊ː?깆씠 援먯껜 遺?댁쓣 留뚮벀 |
| 釉뚮옖??IP | 64 | CAMC 移? 紐⑥뀡 ?뚮옯?? 濡쒕큸?쒖뼱湲곗? ?뱁뿀쨌媛쒕컻 異뺤쟻 |
| ?ㅽ듃?뚰겕?④낵 | 8 | 怨좉컼 ?뺣?媛 ?ㅻⅨ 怨좉컼??吏곸젒 ?⑥슜???믪씠吏???딆쓬 |
| 媛寃⑷껐?뺣젰 | 52 | ?몄궛 ?泥댁? 湲곗닠吏??媛移섍? ?덉쑝???λ퉬?낆껜 援щℓ?μ씠 媛뺥븿 |
| 留덉쭊異붿꽭 | 50 | 留ㅼ텧 ?뚮났怨??묒옄?꾪솚? 湲띿젙?곸씠??理쒓렐 遺꾧린 留덉쭊? ??쓬 |
理쒖쥌 62?먯? 移??ㅺ퀎? 怨좉컼 遺꾩궛, 紐⑥뀡쨌濡쒕큸 ?뺤옣?깆쓣 ?믨쾶 蹂대릺, ?몄＜ ?앹궛怨??ㅻ퉬?ъ옄 ?ъ씠?댁쓣 諛섏쁺???먯닔??
비판적으로 봐야 할 것
?듭떖 由ъ뒪?? 湲곗닠??醫뗭븘???λ퉬 怨좉컼???ъ옄 ?ъ씠?닿낵 ?몄쬆 ?띾룄瑜?嫄곗퀜???쒕떎
- 1.*?꾨갑 ?ㅻ퉬?ъ옄 蹂??: 諛섎룄泥는룹뒪留덊듃?걔텽LED쨌?댁감?꾩? ?λ퉬 諛쒖＜媛 以꾨㈃ 紐⑥뀡?쒖뼱湲?二쇰Ц怨?留욎땄??媛쒕컻???④퍡 ??뼱吏????덈떎.
- 2.*High-end 媛쒕컻 由ъ뒪??: ?댁쇅 ?쒗뭹??媛뺥븳 High-end ?쒖옣??吏꾩엯?섎젮硫??뺣??꽷룹븞?뺤꽦쨌怨좉컼 ?몄쬆??紐⑤몢 ?듦낵?댁빞 ?쒕떎. 媛쒕컻 ?꾨즺? ?묒궛 留ㅼ텧 ?ъ씠???쒖감媛 ?덈떎.
- 3.?몄＜ ?쒖“ ?섏〈: ?듭떖? 移??ㅺ퀎吏留?PCB쨌SMT쨌議곕┰???몄＜?뷀븯誘濡?怨듦툒?낆껜 ?덉쭏, ?⑷린, ?먭?? 遺???섍툒???곹뼢??諛쏅뒗??
- 4.媛寃??뺣젰: ?쒖??쒗뭹? 怨좉컼痢듭씠 ?볦?留?鍮꾧탳 媛?ν븳 寃쎌웳?쒗뭹??議댁옱?섍퀬, 留욎땄???λ퉬?낆껜???⑺뭹?④?? 吏?먮쾾?꾨? ?묒긽?????덈떎.
- 5.?섏＜ 媛?쒖꽦: 蹂닿퀬??湲곗? ?섏＜?곹솴??蹂꾨룄濡?怨듭떆?섏? ?딆븘 ?꾩옱 媛쒕컻쨌?묒궛 ?꾪솚??媛?쒖꽦???щТ???뺤씤?섍린 ?대졄??
?ㅼ쓬 ?됯??먯꽌??High-end ?쒗뭹??怨좉컼 ?몄쬆쨌?묒궛 ?щ?, 怨좉컼蹂?留ㅼ텧怨??ш뎄留ㅼ쑉, ?쒖?쨌留욎땄???쒗뭹??留덉쭊, 濡쒕큸?쒖뼱湲?留ㅼ텧 ?뺣?瑜??뺤씤?댁빞 ?쒕떎.
총평
珥앺룊: 62????援?궛 紐⑥뀡?쒖뼱??湲곗닠 ?뚮옯?쇱씠吏留? ?ㅼ쟻? ?λ퉬?ъ옄 ?뚮났????????쒕떎
?꾩쭊?묒뒪?띿쓽 媛????媛뺤젏? 紐⑥뀡?쒖뼱 移⑹쓣 吏곸젒 ?ㅺ퀎?섍퀬, 洹?移⑹쓣 紐⑤뱢쨌?쒖뒪?쑣룸줈遊뉗젣?닿린源뚯? ?뺤옣?쒕떎???먯씠?? 380?ш컻 怨좉컼?ъ? ?쒖??쒗뭹, ?λ퉬?낆껜 留욎땄???쒗뭹???④퍡 蹂댁쑀??怨좉컼 遺꾩궛怨?湲곗닠 ?쎌씤???숈떆??異붽뎄?쒕떎. 2026??1遺꾧린 留ㅼ텧? 42.7% 利앷??덇퀬, 諛섎룄泥는룹씠李⑥쟾吏쨌濡쒕큸?쇰줈 ?곸슜泥섍? ?볦뼱吏怨??덈떎.
諛섎㈃ ?꾩옱 遺꾧린 ?곸뾽?댁씡瑜좎? 2.7%濡??꾩쭅 ??퀬, High-end SoC? 濡쒕큸 OEM? 媛쒕컻쨌?몄쬆쨌?묒궛 ?꾪솚????吏耳쒕킄???쒕떎. ?몄궛 ?泥대씪??湲고쉶媛 ?ㅼ젣 媛寃??꾨━誘몄뾼怨?諛섎났 二쇰Ц?쇰줈 ?댁뼱吏?붿?媛 ?댁옄??寃쎌젣??媛移섎? 寃곗젙?쒕떎. 怨듭떆??30% ?댁긽 ?쒖옣?먯쑀?⑥? ?뚯궗 ?ㅻ챸?쇰줈 李멸퀬?섎릺, ?대? ?낆젏?μ쑝濡?媛꾩＜?섏? ?딆븯??
?먯닔媛 ?щ씪媛?議곌굔
- High-end 紐⑥뀡?쒖뼱湲곗? SoC媛 ????λ퉬 怨좉컼???묒궛 ?쇱씤??梨꾪깮??寃?- 濡쒕큸?쒖뼱湲곗? RMC ?ъ뾽???섎? ?덈뒗 諛섎났 留ㅼ텧濡??뺣???寃?- 留ㅼ텧 ?뚮났怨??④퍡 遺꾧린 ?곸뾽?댁씡瑜좎씠 10% ?댁긽?쇰줈 ?덉젙??寃?- ?由ъ젏쨌?댁쇅 ?먮ℓ留??뺣?濡?怨좉컼 遺꾩궛怨?洹쒕え??寃쎌젣媛 媛쒖꽑??寃?
?먯닔媛 ?대젮媛?議곌굔
- 諛섎룄泥는룹씠李⑥쟾吏 ?ㅻ퉬?ъ옄 ?뷀솕濡??쒖??쒗뭹 ?ш퀬? 二쇰Ц??媛먯냼??寃?- High-end 媛쒕컻??吏?곕릺嫄곕굹 怨좉컼 ?몄쬆??諛쏆? 紐삵븷 寃?- ?몄＜ ?쒖“ 鍮꾩슜怨?怨좉컼 吏?먮퉬 ?곸듅?쇰줈 留ㅼ텧 利앷?媛 ?댁씡?쇰줈 ?댁뼱吏吏 ?딆쓣 寃?- ????λ퉬?낆껜???④? ?명븯? 留욎땄???쒗뭹 鍮꾩쨷 ?뺣?媛 留덉쭊????텧 寃?
?꾩옱??移??ㅺ퀎? 怨좉컼 湲곕컲???믨쾶 ?됯???62?먯쓣 遺?ы븯?? 怨좊?媛 ?쒗뭹???묒궛怨?留덉쭊???뺤씤?섍린 ?꾧퉴吏??異붽? ?꾨━誘몄뾼???쒗븳?쒕떎.