TechWing has secured a contract worth approximately 91.8 billion KRW (about 67.5 million USD) with Micron’s Indian subsidiary for semiconductor inspection equipment. This follows a recent 106.68 billion KRW (about 78.4 million USD) deal with Micron’s Malaysian branch, expanding TechWing’s reach into India.
The contract value represents 5.77% of TechWing’s 2025 consolidated revenue of 159.128 billion KRW (about 116.92 million USD). While considered a mid-sized deal, it’s significant as it builds on TechWing’s track record of supplying equipment to Micron’s backend production sites, fueling expectations for future global orders.
TechWing Inks 198 billion KRW in Contracts with Micron’s Malaysian and Indian Units in Two Months
Industry sources reported on Thursday that TechWing recently finalized a semiconductor inspection equipment supply agreement with Micron Semiconductor Technology India Private Limited (SEZ Unit).
The contract, valued at approximately 91.85 billion KRW (about 67.5 million USD) based on the disclosed exchange rate of 1,412.20 KRW per USD, runs from August 7 to July 16, 2027.
TechWing plans to start delivering its in-house manufactured equipment on October 16, with final shipments expected by May 16 next year. The contract end date factors in the 90% payment due after final delivery.
Payment terms stipulate 90% within 60 days after shipment and the remaining 10% within 60 days following customer approval. While an advance payment is included, its percentage and timing weren’t disclosed. The announcement notes that supply period and price may be subject to change based on customer requests.
On July 16, TechWing inked a 106.68 billion KRW (about 78.4 million USD) deal with Micron Memory Malaysia for inspection equipment. Combined, these contracts total about 198.53 billion KRW (about 145 million USD), accounting for 12.5% of last year’s revenue.
TechWing, a KOSDAQ-listed firm established in 2002 and publicly traded since 2011, specializes in supplying automation equipment and components for testing and inspecting memory semiconductors, as well as non-memory, module, solid state drive (SSD), and high-bandwidth memory (HBM) products.
The company designs and develops equipment at its Dongtan headquarters and facilities in Anseong and Asan, leveraging outsourced components for final assembly and sales.
Key products include memory and System on Chip (SoC) test handlers, probe stations for wafer electrical characteristic inspection, and burn-in chambers for reliability testing. TechWing is expanding its Cube Prober business to meet growing demand for HBM in artificial intelligence (AI) servers, conducting thorough inspections of individual HBM dies.
TechWing supplies HBM inspection equipment to Samsung Electronics and SK Hynix, and has been in ongoing talks with Micron for equipment evaluation.
While specific equipment details weren’t provided, industry speculation points to memory test handlers, given TechWing’s supply history with Micron and its product portfolio.
Memory test handlers are automated devices used in semiconductor backend operations for final testing and module inspection. They transport chips to automatic test equipment (ATE), provide high and low-temperature testing environments, and sort products based on inspection results.
Micron’s Sanand Plant Ramps Up Memory Module Production
Micron’s facility in Sanand, Gujarat, serves as its first semiconductor assembly and testing hub in India. This Assembly, Testing, Marking, and Packaging (ATMP) site assembles and tests dynamic random access memory (DRAM) and NAND wafers, producing memory modules and storage devices.
Micron launched production at the Sanand plant in February, aiming to assemble and test tens of millions of chips this year before scaling up to hundreds of millions next year. At the opening ceremony, Micron delivered its first India-assembled memory module to Dell Technologies for use in locally produced laptops.
As the Sanand plant moves from initial stages to expanded production, additional orders for inspection and testing equipment are anticipated.
An industry insider noted that TechWing can now install equipment locally, gain customer approval, and demonstrate stable operations in India. The key will be leveraging this position to secure additional orders as the Sanand plant expands and diversifies its product lineup.