The new plant will add an annual production capacity of 360 systems to the existing 200 systems at its Cheonan facility, increasing total capacity to over 560 systems per year. This expansion is expected to eliminate production bottlenecks and enable the company to respond more quickly to growing global customer demand.
Mirae Corporation announced today that it will acquire additional land and buildings for KRW 14.5B to meet rapidly increasing customer demand. With its current production facility operating at nearly 100% utilization, the acquisition is expected to expand production capacity by 2.8x.
$MU CEO, in effect:
"For > decade $AAPL has been buying our chips for $5, gluing it inside a metal box, & selling it to consumers for $99 upgrades & laughing at our attempts to get $7.
Now we're charging them $50 & they turned around & raised prices on their customers $250."
@BULLOFBRITAIN I've uploaded Mirae Corporation's annual report to my Google Drive. It's written in Korean, but AI should be able to analyze it without much difficulty.
https://t.co/G3Mge8dNEK
@BULLOFBRITAIN According to the company's annual report, its Test Handler production capacity is only eight units per month. However, the reported first-quarter production volume was 72 units, which does not seem to reconcile with that figure.