Q1 2026 Quarterly Report (74th Term)
Original: 분기보고서 (2026.03)
Summary
DB HiTek filed its Q1 2026 quarterly report covering January 1 to March 31, 2026, the 74th fiscal year. As a pure-play 8-inch foundry, the company operates two fabs (Bucheon FAB1 and Sangwoo FAB2) with overseas subsidiaries in the US and China, plus branches in Taiwan, Japan, and Europe. The report notes the global semiconductor market is projected at ~$1.35 trillion in 2026, with system semiconductors comprising about 50%, and the total foundry market sized at ~$183.9 billion, of which pure-play foundry accounts for roughly 95%. Per regulatory filing standards, sections on company overview, history, capital changes, share totals, and articles of incorporation are omitted from quarterly reports and will appear in semi-annual/annual filings.
Full Translation
Quarterly Report
6.5
DB HiTek Co., Ltd.
1
Y
110111-0026206
Quarterly Report
(74th Term)
Fiscal Year: From January 1, 2026 to March 31, 2026
To: Financial Services Commission, Korea Exchange
Date: May 15, 2026
Filing Entity Type: Listed Stock Corporation
Exemption Reason: None
Company Name: DB HiTek Co., Ltd.
CEO: Cho Ki-seok
Head Office: 90 Sudo-ro, Bucheon-si, Gyeonggi-do (Dodang-dong)
Tel: 032-680-4700
Website: https://www.dbhitek.com
Responsible Preparer: (Title) Vice President (Name) Yang Seung-ju
Tel: 032-680-4700
Table of Contents
I. Company Overview
1. Company Overview — p.2
2. Company History — p.4
3. Changes in Capital — p.5
4. Total Shares — p.6
5. Articles of Incorporation — p.7
II. Business Content
1. Business Overview — p.8
2. Key Products and Services — p.11
3. Raw Materials and Production Facilities — p.12
4. Sales and Order Status — p.16
5. Risk Management and Derivatives Trading — p.18
6. Major Contracts and R&D Activities — p.22
7. Other References — p.25
III. Financial Matters
1. Summary Financial Information — p.33
2. Consolidated Financial Statements — p.34
3. Notes to Consolidated Financial Statements — p.34
4. Financial Statements — p.34
5. Notes to Financial Statements — p.34
6. Dividends — p.35
7. Funding via Securities Issuance — p.39
8. Other Financial Matters — p.43
IV. Directors' Management Diagnosis and Analysis — p.51
V. Auditor's Opinion
1. External Audit — p.53
2. Internal Controls — p.55
VI. Board of Directors and Company Organs
1. Board of Directors — p.56
2. Audit System — p.57
3. Shareholder Meetings — p.58
VII. Shareholder Matters
1. Largest Shareholder and Related Parties — p.67
2. Largest Shareholder Changes — p.72
3. Share Distribution — p.73
4. Stock Price and Trading Performance — p.74
VIII. Officers and Employees
1. Status of Officers and Employees — p.75
2. Officer Compensation — p.80
IX. Affiliated Companies
1. Affiliate Status (Summary) — p.81
2. Investments in Other Companies — p.81
X. Transactions with Major Shareholders
1. Credit Extensions to Major Shareholders — p.82
2. Asset Transfers with Major Shareholders — p.82
3. Business Transactions with Major Shareholders — p.82
4. Transactions with Non-Major-Shareholder Stakeholders — p.82
5. Additional Items for SPACs — p.82
XI. Other Matters for Investor Protection
1. Disclosure Progress and Changes — p.83
2. Contingent Liabilities — p.84
3. Sanctions and Related Matters — p.86
4. Major Events After the Reporting Date — p.87
XII. Detailed Tables
1. Consolidated Subsidiaries (Detail) — p.88
2. Affiliates (Detail) — p.89
3. Other Company Investments (Detail) — p.90
[Expert Verification] — p.91
[CEO Confirmation] — CEO confirmation letter.jpg
I. Company Overview
1. Company Overview — Per disclosure form preparation standards, not included in quarterly reports (to be included in semi-annual/annual reports).
2. Company History — Same as above.
3. Changes in Capital — Same as above.
4. Total Shares — Same as above.
5. Articles of Incorporation — Same as above.
II. Business Content
1. Business Overview
A. Industry Characteristics
Semiconductors are core components in all IT products. They are applied across diverse fields including computers, communication devices, automobiles, digital home appliances, industrial machinery, and control systems. Semiconductors are classified into memory semiconductors, which store and remember information, and system semiconductors, which perform logical information processing such as computation and inference. The 2026 global semiconductor market is projected at approximately US$1,351.3 billion (hereinafter "US dollar basis"), of which system semiconductors are expected to account for about 50%. System semiconductors are a promising industry characterized by high technology, high growth, and high added value, with applications in AI, 5G, IoT, smartphones, high-resolution TVs, and automobiles.
Foundry is the business of contract-manufacturing system semiconductors, which includes not only wafer production for customers but also providing diverse solutions such as Library/PDK (Process Design Kit)/DM (Design Methodology)/Design Service. Products requiring fine-process technology are produced via 12-inch foundries, while products requiring legacy process technology can be produced via 8-inch foundries.
The total 2026 foundry market is projected at approximately US$183.9 billion, of which pure-play foundry—the segment the Company operates in—is expected to account for about 95%. The Company is an 8-inch pure-play foundry capable of high-mix, low-volume production, manufacturing products used across diverse fields including consumer electronics, smartphones, TVs, automobiles, and industrial applications.
B. Company Status
The Company is headquartered in Bucheon, with two fabs located in Bucheon (FAB1) and Sangwoo (FAB2). For overseas sales operations, the Company runs subsidiaries in the US and China and branches in Taiwan, Japan, and Europe...
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