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M2I and SM Core Jointly Participate in 'Automation World'

[Seoul = Newsis] Reporter Kim Kyung-taek = M2I, a smart factory specialist, and SM Core, a logistics automation specialist, announced on the 4th that they are jointly participating in Automation World 2026, which is being held at COEX in Seoul until the 6th. At the exhibition, the two companies plan to showcase their capabilities in AI-based integrated autonomous manufacturing solutions. According to the companies, Automation World is Asia's largest specialized exhibition for the smart factory and automation industries. Approximately 500 companies are participating with 2,300 booths, and over 80,000 visitors are expected to attend. Smart factories, industrial robots, AI-based manufacturing, and logistics automation technologies are being introduced, and this year, Physical AI, autonomous manufacturing, and humanoid robots are expected to emerge as major topics. The two companies plan to present an integrated value chain combining smart factory solutions with logistics and process automation equipment, robots, and control technologies. The strategy is to encompass the core elements necessary for realizing autonomous manufacturing, with M2I handling smart factory platforms and robot controllers, and SM Core responsible for logistics and process automation equipment and robot systems. A company official stated, "In the era of AI-driven autonomous manufacturing, smart factory platforms, automation equipment, robots, and control technologies must be organically combined," adding, "By integrating the technologies of both companies, we will be able to present an integrated autonomous manufacturing model that encompasses equipment, control, and logistics." [Source] https://www.newsis.com/view/NISX20260304_0003533978

2026.03.04

Korea IR Council: "SM Core Expects Expanded Robot Orders from Indian Clients and Others Amidst SK Hynix Benefits"

[Financial News] On the 13th, the Korea Investors Relations Association assessed that SM Core, a logistics automation solution company, is positive due to factors such as increased orders resulting from SK Hynix's accelerated capital investment and the expansion of production facilities by its Indian client. However, they did not provide an investment opinion or target price. Researcher Kwon Ji-seung stated, "As the timeline of SK Hynix's capital investment—including M15X, Yongin Phase 1 Fab, and P&T7—has recently accelerated, we expect SM Core's orders to expand." He added, "Since the company has a track record of supplying various automation equipment and robots required for back-end and front-end processes, extending beyond orders for semiconductor logistics warehouses, we forecast that profitability will improve once orders for P&T7 begin in earnest." He further explained, "As SM Core provides infrastructure-related equipment, we expect the impact to be minimal even if the pace of capital investment is adjusted in accordance with SK Hynix's 'CapEx Discipline'." In particular, the expansion of production facilities by the Indian client is expected to lead to orders for robots and other components for SM Core. In fact, SM Core disclosed yesterday that it had secured a turnkey order worth 52.6 billion won from Petronet LNG, an Indian state-owned energy company, for robot and automation systems. This order amount exceeds 30% of the company's recent annual revenue. This order is noteworthy not only for the value but also for securing a major Indian state-owned energy company as a new client. With the addition of Petronet LNG, SM Core has now secured key Indian state-owned energy companies as clients in the petrochemical and gas sectors, following HMEL in 2018 and IOCL in 2024. Analyst Kwon stated, "Expansion of production facilities is expected within the year by CEAT and Reliance New Solar Energy Limited, SM Core's major clients in India." He added, "Since SM Core's automation equipment has a history of being supplied to the factories on those sites, it appears that SM Core's entry into future additional facility expansions and factory upgrades will be significantly easier given its established track record." At the same time, they added, “We expect that increased capital investment by Indian clients will lead to an expansion of orders for SM Core.” Meanwhile, SM Core is a company specializing in automation equipment and robots with a 50-year history. In fact, it successfully localized automated warehouse systems for the first time in Korea by acquiring technology from a subsidiary of the Mitsubishi Group. It is recognized as a leading company in the field of logistics automation equipment, having developed AGVs in 2002 and gantry robots in 2006. Currently, it supplies logistics automation equipment and robots to various industrial sectors, including semiconductors, petrochemicals, and tires. kakim@fnnews.com Reporter Kim Kyung-ah [Source] https://www.fnnews.com/news/202602130911172021

2026.02.13

SM Core Wins 52.6 Billion Won Order for Robot Automation Systems from India's Petronet LNG

SM Core, a company specializing in logistics robots and automation systems, disclosed that it has secured a turnkey order worth 52.6 billion won from Petronet LNG, an Indian state-owned energy company. This order value exceeds 30% of the company's recent annual revenue. The contract is considered significant not only for being a large-scale order but also for securing a major Indian state-owned energy company as a new client. With the addition of Petronet LNG, SM Core has now secured key Indian state-owned energy firms as clients in the petrochemical and gas sectors, following HMEL in 2018 and IOCL in 2024. Although the company's performance slowed in the second half of last year due to sluggish order intake in the first half, orders resumed from the second half onwards, resulting in an order backlog exceeding 150 billion won as of the end of the year. This year, following the order for the SK Hynix Yongin Cluster in January, the company has secured an additional large-scale project in India, and further orders are expected to continue in the semiconductor and general logistics sectors in India, China, and the domestic market. While SM Core is known as an automation equipment company, it is actually a specialized robotics and automation firm that has been applying robot systems, such as AGVs and gantry robots, to the field since the early 2000s. This project in India is also scheduled to proceed via a turnkey supply method that includes robot-based automation systems. In the industrial robot sector, in addition to existing AGVs, RGVs, and gantry robots, the company is pursuing mass production and sales of AMRs equipped with collaborative robots starting in the second half of the year. Through this, the company is building a robot lineup that encompasses the entire logistics process, including transfer, loading, and storage, and is expanding its scope of application to various industrial sectors, including semiconductors. A company official stated that this order is a large-scale project equivalent to over 30% of annual revenue and is expected to contribute to enhancing corporate value in the future. The official also explained that securing key Indian state-owned energy companies as clients one after another is strengthening the company's position in the global market. Furthermore, the company projected that this year will mark a turning point where performance improvements in both orders and revenue will begin in earnest. Source: SM Core Wins 52.6 Billion Won Order for Robot Automation Systems from India's Petronet LNG https://www.venturesquare.net/1039066/

2026.02.13

SM Core Signs 9.165 Billion Won Contract with SK Hynix

[Digital Today Editor Yoon Seon-hoon] SM Core (007820), a company specializing in logistics automation, announced through a public disclosure on January 2 that it has signed a single sales and supply contract with SK Hynix. The contract is for the construction of a raw material warehouse in the Yongin Cluster, with a contract amount of 9.165 billion won. The contract period runs from December 31, 2025, to October 30, 2026. SM Core is a KOSDAQ-listed manufacturer of general-purpose machinery, having been listed on November 8, 2011. The company recently recorded sales of 163.2284 billion won, and this contract represents 5.61% of its total sales. As of 11:30 AM on January 2, 2026, SM Core's stock price is trading at 4,585 won on the Korea Exchange, up 4.44% from the previous day. SM Core is a company with a December fiscal year end, and the figures were compiled on a consolidated basis. Source: DigitalToday (https://www.digitaltoday.co.kr)

2026.01.02

SM Core Signs 32 Billion Won Supply Contract with China's Third-Largest Tire Company, Linglong Tire, Expanding Global Foothold

SM Core, a company specializing in smart factories, is expanding its global reach. According to the Financial Supervisory Service's electronic disclosure system on the 21st, SM Core, a KOSDAQ-listed company, recently signed a supply contract worth 20.6 billion won for the PCR G/T project at Linglong Tire's Guangxi plant in China. This represents approximately 12.6% of the company's recent revenue. This is being interpreted as a sign that SM Core's strategy to expand its global orders is gaining momentum. According to the company, the total order value reaches 32 billion won if contracts from its Chinese subsidiary, recently established to expand into the Chinese market, are included. Linglong Tire ranked third in the Chinese tire industry by revenue last year and is recognized as one of the top global tire companies. It operates five production bases in China and two overseas bases in Thailand and Serbia, exporting products to over 170 countries worldwide. SM Core has maintained a cooperative relationship with Linglong Tire since 2017. The company explained that this contract is a result of the continuous recognition of its technological capabilities. Through this, the company plans to further strengthen its position in the Chinese market while actively pursuing the diversification of its global customer portfolio. An SM Core official stated, "This order is a significant achievement that reaffirms our technological prowess with Linglong Tire, a top global tire manufacturer," adding, "We will use this as an opportunity to simultaneously expand orders from global manufacturing companies and advance our technology to establish a foundation for sustainable growth." Meanwhile, SM Core, having recently completed the expansion and relocation of its 'Hi-Tech R&BD Center' within the Osan Gajang Industrial Complex, is focusing on strengthening its advanced research and development capabilities, including those for the semiconductor industry. In particular, the company is accelerating the development of automation solutions tailored to high-tech industries to expand its portfolio of front-end process equipment. Source: Bloter (https://www.bloter.net)

2025.09.21

SM Core Achieves 48.1 Billion Won in Q1 Revenue… Strong Orders for Logistics Automation Solutions

[The Fair] Reporter Lee Jung-hoon = SM Core, a company specializing in smart factory logistics automation solutions, announced on the 19th its first-quarter revenue and expectations for entering the semiconductor front-end process this year. SM Core achieved consolidated revenue of 48.1 billion won and an operating profit of 2 billion won in the first quarter. These figures represent an 89% and 65% increase, respectively, compared to the same period last year, and are attributed to strong orders for global automation equipment. Last year, SM Core secured 216.8 billion won in orders, the largest amount since its founding. This is the result of active order acquisition activities in global markets, including India and China, as well as in Korea. To accommodate the increase in large-scale projects and expand its portfolio into the semiconductor front-end process, the company is actively recruiting personnel and investing in R&D. Leveraging over 50 years of experience, SM Core combines software and hardware technologies to provide solutions for the entire process of building smart factory logistics automation. Through high technical compatibility and efficiency, the company supplies customized solutions to various industries, including semiconductors, secondary batteries, petrochemicals, tires, and pharmaceuticals/biotechnology. SM Core has successfully secured a leading position in the Indian market, which has high entry barriers, and has earned the trust of major clients such as Reliance, IOCL, MRF, and CEAT. Based on this, the company is pursuing continuous order expansion centered on its local subsidiary in India. Furthermore, through cooperation with its largest shareholder, SK Group, it is expanding customized automated logistics services for global customers as well as manufacturing affiliates within the group. An SM Core official stated, "As large-scale new projects currently underway in India and the U.S. begin in earnest, we expect continued revenue growth and profit expansion in 2025." The official added, "In particular, this year, we anticipate securing additional orders by entering the front-end process sector using semiconductor automation equipment—such as the combination of AGVs and robots—in addition to our track record of supplying back-end process equipment in the semiconductor industry." Source: The Fair (https://www.thefairnews.co.kr)

2025.05.19

SM Core Announces Mid-to-Long-Term Roadmap… "Leaping as a Global Leader in Smart Manufacturing Automation"

[Edaily Reporter Shin Ha-yeon] SM Core (007820), a company specializing in smart factory logistics automation, announced on the 31st that it unveiled its mid-to-long-term roadmap through a communication event attended by employees and management at its headquarters office in Jung-gu on the 17th. The event was held to share the company's vision and strategy and to strengthen organizational cohesion. As a smart factory automation specialist within the SK Group, SM Core announced specific goals to achieve sustainable growth by strengthening its core role within the group, expanding its global market presence, improving internal operations, and enhancing shareholder value. SM Core is actively seeking new business opportunities in automation sectors across major industries such as semiconductors, secondary batteries, petrochemicals, tires, and renewable energy, while establishing systematic response measures to prepare for market volatility in upstream industries. In particular, regarding the semiconductor industry, the company aims to expand its portfolio based on its existing track record of supplying back-end process equipment and enter the front-end process sector, demonstrating its determination to strengthen its core role within the group through this move. Furthermore, the company plans to strengthen its research and development (R&D) efforts to secure advanced technological capabilities and further enhance its competitiveness. In the global market, it intends to provide customer-centric, customized technology solutions and expand new orders and collaborations in regions expected to experience high growth, such as India and China. In fact, last year, the company signed contracts worth 63.2 billion won with an Indian solar panel manufacturer and 35.6 billion won with a petrochemical company under the Indian government. In addition, the company expressed its determination to solidify a foundation for sustainable growth by realizing flexible and stable business operations through the advancement of internal IT infrastructure, the strengthening of project risk management systems, and Safety, Health, and Environment (SHE) management systems, and by establishing a basis to respond swiftly to changing market conditions. Meanwhile, SM Core recently disclosed that it will dispose of treasury shares. In response, an official from SM Core stated, “We intend to motivate employees and foster their interest in the company’s growth by introducing a ‘Shareholder Participation Program’ that distributes a portion of employee performance bonuses in treasury stock, thereby providing them with the opportunity to share in the company’s future value and take ownership as shareholders.” The official added, “In 2025, we plan to strengthen our IPR activities to actively communicate with the market and enhance shareholder value.” [Source] https://www.edaily.co.kr/News/Read?newsId=02036886642043296&mediaCodeNo=257&OutLnkChk=Y

2025.01.31

SM Core Reports Cumulative Q3 Operating Profit of 5.4 Billion Won… Up 14.2 Billion Won Year-on-Year

[Seoul = NewsPim] Reporter Lee Na-young Title: SM Core, Cumulative Q3 Operating Profit of 5.4 Billion Won… Up 14.2 Billion Won Year-on-Year Expansion of Consolidated Profit in Q3 Drives Effect of Business Structure Improvement Continued Growth in Revenue and Profit Due to Increased Orders in Petrochemicals, Energy, and Other Sectors in India SM Core, a specialist in smart factory logistics automation solutions, announced on the 14th that it has disclosed its financial results for the third quarter of 2024. SM Core recorded cumulative consolidated revenue of 107.3 billion won and an operating profit of 5.4 billion won for the third quarter of this year. Cumulative operating profit increased by 14.2 billion won compared to the same period last year, driven by expanded new orders and strengthened business management. Consolidated revenue for the third quarter was 49.5 billion won, a 53.0% increase from the previous quarter. The company explained that new orders have expanded across various industrial sectors, including petrochemicals, energy, and tires, and that large-scale projects are moving forward in earnest starting in the second half of this year, which are now being reflected in the earnings. In addition, the company stated that continuous growth and earnings improvement are expected next year, driven by its existing order backlog and expectations for new orders following the recovery of forward CAPEX trends in the semiconductor sector. SM Core is a smart factory automation company within the SK Group that operates a business providing one-stop services for design, manufacturing, installation, and control in the fields of factory automation, including semiconductors, secondary batteries, and general logistics. Based on technological capabilities acquired over the past 50 years through various automation businesses, the company holds clients in diverse industrial sectors—such as tires, petrochemicals, and renewable energy—in addition to SK Group affiliates. An official from SM Core stated, "While we have achieved consistent order performance by focusing on sales based on our accumulated technological expertise and references, we are also expanding our investment in advanced technology R&D to secure future growth engines, and we anticipate the results next year." The official added, "We will strive to enhance shareholder value by actively communicating relevant information with the market through strengthened IPR activities." [Source] : Newspim [Original Link] : https://www.newspim.com/news/view/20241114000563

2024.11.20

SM Core Holds Investor Relations Meeting… Pursuing Synergies in Smart Factory Business

[Seoul = Newsis] Reporter Kim Kyung-taek Title: SM Core Holds Investor Relations Meeting… Pursuing Smart Factory Business Synergies SM Core, a company specializing in smart factory logistics automation solutions, announced on the 27th that it held an investor relations meeting for institutional investors in Yeouido, Seoul, the previous day and presented its growth story. According to the company, SM Core is an affiliate of the SK Group and possesses both software and hardware (SW/HW) technological capabilities for smart factory logistics automation. It provides turnkey solutions covering the entire process, including design, engineering, manufacturing, installation, and control, and operates businesses across various industries such as semiconductors, secondary batteries, tires, petrochemicals, and renewable energy. As its growth strategy, SM Core proposed ▲ pursuing smart factory business synergies as an SK Group affiliate and ▲ expanding orders in global markets, including India. Order backlog has surged from 47.2 billion won in 2020 to 143.9 billion won in 2022 and 297 billion won in the first half of this year. The company aims to expand its smart factory business by providing relevant solutions to SK Group affiliates in sectors such as semiconductors and secondary batteries, leveraging business synergies between its parent company SK C&C’s system integration technologies—including MES, manufacturing AI, and predictive maintenance—and SM Core’s logistics automation software and hardware technologies. In particular, the company plans to expand its portfolio of automation equipment for the semiconductor industry. It is currently developing new equipment and solutions to expand from the existing back-end process sector to the front-end process sector. Choi Young-sang, CEO of SM Core, stated, "We are strengthening our global market competitiveness, focusing on the Indian market, and we will definitely drive both quantitative and qualitative growth for SM Core by actively responding to demand from key downstream industries such as semiconductors, batteries, tires, and petrochemicals." He added, "We plan to communicate with shareholders and investors through regular investor relations (IR) activities in the future." [Source] : Newsis [Original Link] : https://www.newsis.com/view/NISX20240927_0002901642

2024.09.27

SM Core Reports 3.3 Billion Won in Operating Profit for First Half... Turns to Surplus Year-on-Year

[Seoul = Newsis] Reporter Kim Kyung-taek Title: SM Core, H1 Operating Profit 3.3 Billion Won… Turns to Profit Year-on-Year SM Core, a specialist in smart factory logistics automation solutions, announced on the 13th that its consolidated operating profit for the first half of this year was 3.3 billion won, marking a turnaround to profitability compared to the same period last year. During the same period, sales decreased by 20.3% to 57.8 billion won, while net profit rose to 5.9 billion won. A company official stated, "We have achieved qualitative growth as operating profit increased," adding, "In particular, we achieved a performance where the total cumulative order value for this year exceeded last year's annual total. Based on an all-time high order backlog of 297 billion won, we expect sales growth and profit expansion in the second half of the year." As an affiliate of SK Group, SM Core possesses both software and hardware technological capabilities for smart factory logistics automation, providing turnkey solutions that cover the entire process including design, engineering, manufacturing, installation, and control. The company operates in various industries, including semiconductors, secondary batteries, tires, petrochemicals, and renewable energy. Choi Young-sang, CEO of SM Core, stated, "To secure new future growth engines, we are striving to provide customized solutions and respond swiftly to the demands of upstream industries by expanding R&D investment for the development of cutting-edge technologies in the high-tech sector." He added, "We will actively work to enhance shareholder value through proactive IPR activities and share buybacks." [Source] : Newsis [Original Link] : https://www.newsis.com/view/NISX20240813_0002848322

2024.08.30