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  September 5, 2001
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Home > Company Index > Electronics & Misc. Technology > Semiconductor Equipment & Materials > Mirae Corporation

Mirae Corporation
Nasdaq: MRAE
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 PROFILE
Mirae is focused on the future of electronics. The company (whose name is Korean for "future") makes semiconductor manufacturing equipment, including more than 30 kinds of handlers -- robotic equipment that manipulates integrated circuits (ICs) during testing. Its other products include burn-in sorters, surface-mount device placement systems, LCD test systems, and magazines that hold wafers and ICs during testing and shipping. Mirae's subsidiaries feature SoftForum, which provides e-commerce and network security software to South Korea's financial community, and Lycos Korea, a joint venture with Spanish Internet giant Terra Lycos. Founder Chung Moon Soul owns 29% of Mirae.

 COMPETITION
Advantest Corporation (6857)
Matsushita Electric Industrial Co., Ltd. (MC)

 DEALS
Deal: Mirae Teams With Lycos
Date Announced: 03.22.99
Value of transaction (US $Mil): 0
Description: Korean high-tech firm teams with Web community to create co-owned Lycos Korea.

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 40.20
1-Yr. Sales Growth: 184.5%

 KEY PEOPLE
• Chang Dae Hoon
    CEO
• Kwon Soon Do
    CFO

 CONTACT INFO
9-2 Cha-Am-dong
Chonan Chungchong-Nam 330-200, South Korea
Phone: 82-41-554-5070
Fax: 82-41-559-8737/8790
Online: Web Site

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