Global Semi: South Korea Equipment Import Tracker (May 26): Import +51% YoY

研报英文原文证据摘录

Global Semi: South Korea Equipment Import Tracker (May 26): Import +51% YoY

15 June 2026

Global Semiconductors

Global Semi: South Korea Equipment Import Tracker (May 26):

Import +51% YoY

Korea Customs Service released May 2026 semiconductor equipment import data on June David Dai, CFA

+852 2918 5704 15th. We have extracted and analyzed relevant information that has strong significance

david.dai@bernsteinsg.com for our coverage companies. The import data can be downloaded here: South Korea SPE

Import.

Mark Li

+852 2123 2645

mark.li@bernsteinsg.com Strong Korean SPE imports. Overall, South Korean semi equipment imports in May were

globally +51% YoY / -5% MoM. YTD YoY % has accelerated to 39% vs. 37% of April.

Juho Hwang Imports for Japanese SPE were +40% YoY and -7% MoM.

+852 2123 2632

juho.hwang@bernsteinsg.com Strong tester import. Advantest’s memory tester revenue has good correlation with

South Korea tester import data, which was +5% MoM / +103% YoY. Regression suggests

Carmine Milano, CFA

+44 20 7762 1857 Advantest to see a +84% QoQ increase in JunQ South Korea tester revenue although with

carmine.milano@bernsteinsg.com only 2 month of data and recent correlation has been weaker. For reference, consensus

projects Advantest revenue to be +3% QoQ, to which Korean import suggests upside.

Jack Lin

+852 2123 2683 Litho imports point to continued very strong momentum. SK’s WFE equipment imports

jack.lin@bernsteinsg.com

from the Netherlands reached €928mn in May, marking the second-highest second month

of a quarter on record, up 28% MoM and ~150% YoY. Based on our regression model, we Edward Hou, CFA

+852 2123 2623 estimate ASML SK Q2 system sales at ~€2.31bn, down 18% QoQ but more than doubling

edward.hou@bernsteinsg.com YoY.