What ITEK does

ITEK, Inc. (formerly ITEK Semiconductor, Inc., renamed in 2019) is a Korea-based semiconductor test services provider founded in February 2005 and listed on the KOSDAQ exchange under ticker 119830 since 2010. The company operates a single facility in the Dongtan industrial complex of Hwaseong-Si, Gyeonggi-do, South Korea, and employs 251–500 staff. ITEK provides outsourced wafer probe testing (6/8/12 inch wafers and bumped wafers in Class 1K cleanroom environments), electrical final test for a broad range of IC packages across –55°C to +150°C temperature ranges, backend services (inspection, bake, packing, shipment), and turnkey services coordinating Korean fab foundries and packaging partners.

ITEK's portfolio is organized into Test Services (Probe, Final, Backend, Turnkey) and Test Solutions (Test Development, Vector Conversion, Probe Card / Load Board Design, Test Data Management, and Yield Analysis via a 24/7 Online Monitoring System). Testing covers Logic, Mixed Signal, SOC, Analog & Mixed Signal, RF, and System Level Test device categories using ATE platforms from Teradyne (Eagle ETS, UltraFLEX-RF), Advantest (V93000), National Instruments (STS T4-RF), Chroma (3260), and LTX-Credence (Quartet). The company is ISO9001 and ISO14001 certified by Lloyd's Register LRQA, is an RBA (Responsible Business Alliance) member, and historically held INNO-BIZ and Venture Business certifications.

ITEK generates revenue on a professional services basis, charging customers per test program and per device tested, with all quotes handled directly through a sales team ([email protected]). Its primary customer segments are Korean semiconductor fabless companies (System IC design houses) and Korean foundries/packaging companies served through the Turnkey Service. The company reported total assets of KRW 210.3 billion and total equity of KRW 171.8 billion as of December 31, 2025, with revenue and operating income trending down materially from a 2022 peak, indicating margin and volume pressure through 2025.

Name

ITEK

Legal name

ITEK, Inc.

Website

https://iteksemi.com

Company type

Public

Founded year

2005

Operating status

Operating

Headcount range

1–10 employees

Short description

ITEK is a Korean KOSDAQ-listed semiconductor test services provider (founded 2005) offering wafer probe, final package test, backend, and turnkey services to Korean System IC fabless companies and foundries from a single facility in Hwaseong, South Korea.

Ownership category

akta.pro rank

Headquarters

HQ city

Hwasong

HQ country

South Korea

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Infrastructure, Technology or R&D, Operations, Supply Chain, Marketing or Sales

Revenue model

1. Semiconductor Test Services: ITEK provides comprehensive semiconductor test services including Probe Test (wafer level), Final Test (package level), and Backend services. The company offers test program development, design-to-test solutions, and turnkey services working with Korean fab foundries and packaging companies. Revenue is generated through service fees for testing, development, and related engineering services.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

ITEK provides outsourced semiconductor test services for System IC devices, including wafer-level probe testing, final package testing, and backend processing (inspection, marking, packing, shipment). It also delivers test engineering solutions such as test program development, test vector conversion, probe card and load board design, and a 24-hour online monitoring system for test data and yield. Turnkey services coordinate ITEK's test operations with Korean fab foundries and packaging companies.

Product overview

ITEK is a semiconductor test company offering a comprehensive portfolio of test services and solutions. The Test Services include Probe Test (wafer-level testing), Final Test (package-level testing), Backend services, and Turnkey Service. The Test Solutions cover the full design-to-test lifecycle including Test Development, Test Vector Conversion, Probe Card and Load Board Design, Test Data Management, and Yield Analysis. Test solutions are organized by device type: Logic/Mixed Signal/SOC, Analog & Mixed Signal, RF, and System Level Test. The company operates high-performance test platforms from major vendors including Teradyne, Advantest, NI, Chroma, and LTX-Credence.

Differentiator

Problem solved

Functional benefit

Products and services

• Probe Test Wafer-level probe test services for 6, 8, and 12 inch wafers and bumped wafers, performed in a Class 1K particle environment for semiconductor fabless companies.
• Final Test Electrical final test services covering a wide range of IC packages including PDIP, PLCC, SOIC, QFP, LQFP, TQFP, QFN, MLF, BGA, LGA, SIP, Flip Chip, POP, and PLP, performed across a -55°C to +150°C temperature range in a Class 10K environment.
• Backend Post-test services including lead, ball, and package inspections, marking inspections, bake dry, tray and tape & reel packing, and shipment preparation.
• Turnkey Service Comprehensive turnkey service coordinating test operations with Korean fab foundries and packaging companies to deliver end-to-end semiconductor test solutions.
• Test Development Test engineering services including test spec verification, test program development, product characterization, and product/test correlation to reduce time-to-market and test cost.
• Test Vector Conversion Conversion of test vectors from ASCII, Verilog VCD, WGL, STIL and other platforms to the ATE platforms operated by ITEK.
• Probe Card and Load Board Design Customized design and fabrication services for Probe Cards, Load Boards, Test Sockets, and Handler Change-Over-Kits used in semiconductor test.
• Test Data Management Customized test data feedback system retaining test data for a minimum of three years, with customer access via FTP or direct login to the ITEK data server.
• Test Data & Yield Analysis 24-hour On-Line Monitoring System (OMS) enabling customers to monitor test status and yield in real time via username and password access.
• Logic, Mixed Signal & SOC Testing Test solutions targeting MCU, Touch Controller, Timing Controller, ISP, DTV Chipset, Application Processor, and automotive and mobile devices.
• Analog & Mixed Signal Testing Test solutions for Audio/Video, PMIC, automotive, and mobile devices, run on Teradyne Eagle ETS, Advantest V93000, and LTX-Credence Quartet ATE platforms.
• RF Testing Test solutions for RF devices including LTE Transceiver, Bluetooth, WiFi, GPS, and mobile devices, executed on Teradyne UltraFLEX-RF and NI STS T4-RF platforms.
• System Level Test System-level test solutions for Application Processors, DTV chipsets, and other high-pin-count devices, executed on Chroma 3260 platforms.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• Lloyd's Register (LRQA)supportingOthersLRQA (Lloyd's Register Quality Assurance) is part of Lloyd's Register Group and is the world's leading provider of independent assessment services including certification, validation, verification and training with recognition from over 50 accreditation bodies around the world. LRQA provides ISO9001 and ISO14001 certification services to ITEK.

Scale indicators4 records

Recent moves3 records

Expansion highlights5 records

Direct peers

• King Yuan Electronics (KYEC): King Yuan Electronics is a Taiwan-based pure-play semiconductor test house offering wafer sort, final test, and burn-in services to fabless and IDM customers globally. It is the closest direct competitor to ITEK in business model (independent test services), customer type (fabless System IC), and delivery model (high-volume automated test).
• Sigurd Microelectronics: Sigurd is a Taiwan-headquartered OSAT and test services provider serving wireless communications, networking, and consumer IC customers. Like ITEK, it focuses on test services for System ICs and operates tester fleets from Teradyne/Advantest, making its scale and customer mix directly comparable.
• Ardentec: Ardentec is a Taiwan-based independent semiconductor test house providing wafer probing, final test, and burn-in services. Its pure-play test focus and customer base of fabless and IDM semiconductor firms make it a close operational analog to ITEK's Hwaseong-based test services.
• ChipMOS Technologies: ChipMOS is a Taiwan-based provider of semiconductor test and assembly services to fabless companies, foundries, and IDMs, with strong exposure to display driver ICs, memory, and mixed-signal devices. Its focus on test for System ICs and analog/mixed-signal segments is closely comparable to ITEK's product mix.
• Hana Microelectronics: Hana Microelectronics operates semiconductor test and PCB assembly services across Thailand and other Asian sites, serving IC customers in consumer, automotive, and industrial markets. Its pure-play test services focus on System IC wafer probe and final test makes it a directly comparable regional test house.

Broad incumbents

• ASE Technology Holding: ASE is the world's largest OSAT provider offering packaging, test, and turnkey services across a global footprint. While ITEK competes only in the test segment of the OSAT value chain, ASE's test division (ASE Test) directly overlaps with ITEK's wafer probe and final test offerings for the same System IC customer base.
• Amkor Technology: Amkor is a global OSAT leader providing advanced packaging and test services to IDMs and fabless semiconductor companies. Its test services overlap with ITEK's portfolio and its multinational customer base represents the type of scale ITEK is competing against in advanced node test programs.
• Powertech Technology (PTI): Powertech Technology is a Taiwan-based OSAT providing assembly, packaging, and test services including wafer sort and final test. Its back-end service portfolio and System IC customer overlap make it a comparable incumbent peer in the broader OSAT/test services market.
• JCET Group (Star Semiconductor): JCET is a China-headquartered global OSAT leader providing packaging and test services. As one of the top OSAT players by revenue, it competes with ITEK for fabless and IDM customer accounts, particularly in Asian supply chains adjacent to Korean semiconductor customers.

Regional players

• UniTest: UniTest is a Korea-based independent semiconductor test service provider with wafer probe and final test offerings. As a domestic competitor operating in the same Hwaseong/Korean semiconductor ecosystem, it represents the closest same-country peer to ITEK in terms of customer access and platform mix.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/itek-semiconductor-inc

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ITEK