📊Executive Summary

Samsung Electro-Mechanics is facing significant delays in its investment schedule for semiconductor glass substrates due to bottlenecks in customer reliability evaluations of prototype products. The production-line construction for GlaSSEM, a joint venture with Dongwoo Fine-Chem, has been postponed multiple times, leading to uncertainty in equipment orders. The company had initially aimed for operations to begin in the second half of 2027, but this has now been pushed to 2028 or later. This delay could impact the availability of glass substrates crucial for semiconductor manufacturing, potentially affecting procurement strategies for companies reliant on these materials....