On February 11, 2026, the bustling halls of Seoul’s COEX convention center buzzed with anticipation as the Semicon Korea 2026 exhibition kicked off. Among the event’s most talked-about developments was a high-level meeting between CMTX, a leading South Korean supplier of silicon components, and representatives from global memory giant Micron Technology. The two companies sat down at the CMTX exhibition booth to chart the future of their partnership—and, by all accounts, the future looks bright.
According to reports from Newsis and The Elec, the meeting brought together Joshua Lee, Vice President of Micron and head of the company’s Singapore operations, alongside CMTX’s co-CEOs, Park Sung-hoon and Park Jong-hwa. The agenda? Nothing short of plotting mid- to long-term business cooperation plans, with a particular focus on expanding the supply of high-purity silicon parts for Micron’s Singapore fabrication plant and developing new components for next-generation semiconductor manufacturing processes.
For CMTX, this wasn’t just another handshake at a trade show. The company announced that its supply volume to Micron is expected to surge in 2026—by a double-digit percentage over last year, in fact. “This year, the supply volume to Micron will increase by more than double digits compared to last year,” a CMTX spokesperson emphasized, as quoted by The Elec. The driver behind this leap? A combination of Micron’s production capacity expansion and CMTX’s successful diversification of its product lineup, including silicon rings and electrodes.
But the conversation didn’t stop at simply shipping more parts. Both companies zeroed in on a hot topic in the global semiconductor supply chain: sustainability and reliability. A major agenda item was the stabilization of supply chains through the launch of a recycled silicon parts business—a move that could have ripple effects throughout the industry. CMTX’s recycled parts, which passed Micron’s stringent quality tests last year, are set to hit the market in earnest in 2026. The initial focus will be on single-crystal silicon recycled parts, which have already cleared quality verification, with plans to evaluate polycrystalline silicon recycled parts next.
What makes this recycling push possible is CMTX’s unique blend of proprietary technology. The company has developed a system that combines high-purity silicon ingot regeneration with precision cleaning processes, enabling them to reproduce recycled parts that are virtually indistinguishable from new ones in terms of quality. As CMTX explained, “The recycled silicon parts business, which passed Micron’s quality testing last year, will be fully launched this year. Already, single-crystal silicon recycled parts that have completed quality verification will soon begin to be supplied.”
This isn’t just good news for the environment. It’s a strategic play for both companies. For Micron, securing a stable and sustainable supply of critical silicon components is vital as it ramps up operations at its Singapore fab. For CMTX, it’s a chance to cement its role as a first-tier supplier to one of the world’s top semiconductor firms. In fact, CMTX was named Micron’s best partner among all its suppliers last year—a recognition that speaks volumes about the trust and collaboration between the two companies.
The partnership has been building momentum for some time. Just last month, CMTX was invited to attend the groundbreaking ceremony for Micron’s new fabrication facility in Singapore—a clear sign of the Korean firm’s growing influence in the global chip supply chain. The relationship has also been reinforced by regular “shuttle visits” by Micron’s key personnel to Korea, further deepening ties between the two organizations.
Financially, the numbers tell a compelling story. CMTX’s global sales for 2026 are projected to jump by over 80% compared to the previous year, fueled not only by increased orders from Micron but also from other major semiconductor players like Taiwan’s TSMC and Japan’s Kioxia. In 2025, CMTX recorded consolidated sales of 160.5 billion KRW (about $120 million USD) and an operating profit of 51.6 billion KRW ($39 million USD), representing year-on-year increases of approximately 48% and 118%, respectively. The company attributes these record-breaking results to “increased demand from major global semiconductor customers and a higher proportion of high value-added products,” as noted in statements to The Elec.
Yet, it wasn’t all smooth sailing. Despite the surge in sales and operating profit, CMTX posted a net loss of 12.3 billion KRW in 2025. The culprit? Valuation losses on redeemable convertible preferred shares (RCPS) issued during previous investment rounds. However, CMTX was quick to reassure stakeholders. Those RCPS were converted to common stock in the first half of 2025, meaning the company won’t face similar losses going forward. “There is no possibility of the same valuation loss occurring in the future,” a company spokesperson explained, emphasizing that “sales growth and profitability improvement are being achieved together, and we plan to maintain our growth trend by expanding supply to major semiconductor customers.”
Looking ahead, CMTX is aiming to ride the wave of global semiconductor demand. The company plans to continue its growth trajectory by increasing supply not only to domestic clients but also to leading chipmakers worldwide. In particular, the expansion of its recycled parts business is expected to play a key role in stabilizing supply chains—a critical concern for the industry in the wake of recent disruptions and shortages.
Industry observers see the CMTX-Micron partnership as emblematic of broader trends shaping the semiconductor world. As chipmakers race to meet surging demand for everything from smartphones to electric vehicles, the ability to secure reliable, high-quality, and sustainable supplies of essential materials is becoming a defining competitive edge. CMTX’s focus on recycling and technological innovation positions it well to capitalize on this shift—while helping its partners, like Micron, stay ahead of the curve.
For now, all eyes are on CMTX’s next moves. With strong financials, cutting-edge technology, and a deepening relationship with some of the industry’s biggest names, the company is poised for a breakout year. As the dust settles on Semicon Korea 2026, it’s clear that CMTX isn’t just supplying silicon rings and electrodes—it’s helping shape the future of the global semiconductor supply chain, one innovative partnership at a time.