Solum
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Solum (248070) investor relations material

Solum Q2 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2026 earnings summary14 Aug, 2026

Executive summary

  • Operates globally in electronic components and ICT, with 35 consolidated subsidiaries and a diversified product portfolio including power modules, 3IN1 boards, ESL, and IoT solutions.

  • 2026 H1 revenue was KRW 970.1 billion, with operating income of KRW 43.5 billion and net income of KRW 10.1 billion, reflecting a year-over-year decline in profitability.

  • Major customer Samsung Electronics and affiliates accounted for 43% of H1 revenue.

  • Significant investments in R&D and global production capacity, with ongoing expansion in new markets and product lines.

Financial highlights

  • H1 2026 revenue: KRW 970.1 billion (down from KRW 1,700.2 billion in H1 2025).

  • Operating income: KRW 43.5 billion (down from KRW 46.5 billion in H1 2025).

  • Net income: KRW 10.1 billion (down from KRW 14.2 billion in H1 2025).

  • Gross margin: 18.6% in H1 2026 (down from 20.2% in H1 2025).

  • Basic EPS: KRW 195 (down from KRW 281 in H1 2025).

  • Cash and cash equivalents at period end: KRW 132.0 billion.

Outlook and guidance

  • Focus on expanding ESL and digital signage solutions, leveraging in-house test-bed for new retail technologies.

  • Continued investment in R&D and global production to support growth in high-value applications (AI, EV, data centers).

  • Management expects ongoing market volatility but aims for long-term growth through product mix optimization and global expansion.

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Frequently asked questions

Solum Co., Ltd., headquartered in Yongin-si, South Korea, is a company primarily engaged in the manufacturing and sales of electronic components. The company operates in two main segments: Electronic Parts and Information and Communication Technology (ICT). In the Electronic Parts segment, Solum manufactures and sells a variety of products including switching mode power supplies for televisions, adapters for mobile devices, power modules for servers, LED lighting, 3IN1 boards, and tuners. The ICT segment focuses on the production and sales of electronic shelf labels (ESLs), Internet of Things (IoT) products, and CE-WiFi. Its shares are listed on the Korea Exchange.