Semiconductor materials (etchant, CMP slurry, precursors)

Soulbrain

A leader in etchants and cleaning agents with 70-100% domestic share in HF and phosphoric-acid etchants. FY2025 revenue ₩923B, operating income ₩134B. Supplies process materials to Samsung (3nm GAA etchant) and SK hynix (high-purity HF for HBM/3D NAND).

357780.KQ Updated Jun 20, 2026 1 AI consumers

Money inSamsung ElectronicsRevenue ₩923.4BSK hynix디스플레이·전지 (삼성/LG디스플레이 등)
SoulbrainFY2025 revenue ₩923B
Money out고순도 화학 원료·가스 (비공개)정제·포장 설비 (비공개)

Financials & Segments

  • Total revenue · FY2025 revenue ₩923B (operating income ₩134B)
  • Customer concentration · 70-100% domestic etchant share. Customers: Samsung, SK hynix, Samsung/LG Display.
  • Segments · Semiconductor materials · Display & battery materials

Revenue from

  • Samsung Electronics High confidence· Revenue ₩923.4B · FY2025 · consolidated total revenue
    Supplies HF/phosphoric etchants, cleaners and CMP slurry to Samsung (70-100% domestic share); 3nm GAA etchant.
    Confirms KO DART (Korea FSS) Published Mar 20, 2026: "FY2025 revenue ₩923B."
    Confirms KO Bloter Accessed Jun 20, 2026: "Soulbrain etchant used in Samsung’s 3nm GAA process."
    Confirms EN Komachine Accessed Jun 20, 2026: "70-100% domestic HF/phosphoric etchant share, supplies Samsung."
  • SK hynix High confidence
    Supplies high-purity HF and etchants to SK hynix (HBM and high-stack 3D NAND).
    Confirms KO DART (Korea FSS) Published Mar 20, 2026: "Supplies etchants/cleaners to SK hynix and others."
    Confirms EN Komachine Accessed Jun 20, 2026: "SK hynix tested and adopted Soulbrain high-purity HF."
  • 디스플레이·전지 (삼성/LG디스플레이 등) Medium confidence
    Supplies display etchants and battery electrolytes.
    Mentions EN Komachine Accessed Jun 20, 2026: "Supplies materials to Samsung and LG Display."

Pays to

  • 고순도 화학 원료·가스 (비공개) Low confidence
    Buys high-purity HF, phosphoric acid and other feedstocks (undisclosed).
    Mentions KO DART (Korea FSS) Published Mar 20, 2026: "Annual report: raw-material purchases."
  • 정제·포장 설비 (비공개) Low confidence
    Buys purification and packaging equipment/materials (undisclosed).
    Mentions KO DART (Korea FSS) Published Mar 20, 2026: "Annual report: equipment and materials."

Value-chain ripple (tiers 2–3)

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