[반도체/애널리스트] Research Analyst - Memory Markets

A foreign technology company is looking for a Research Analyst. The chosen applicant will be responsible for analysing memory markets, developing models, supporting clients, and contributing to industry research.

Responsibilities:

• Build and maintain bottom-up supply models for DRAM, HBM, and NAND
• Model fab-by-fab wafer capacity, node migration schedules, yield ramps, and bit growth from technology shrinks and wafer additions
• Track production and technology transitions across Samsung, SK hynix, Micron, Kioxia, SanDisk, CXMT, and YMTC
• Assess the effects of die-size changes, wafer-capacity conversions, process transitions, and manufacturing constraints on industry supply
• Model HBM supply in detail, including trade ratios against commodity DRAM
• Analyse TSV capacity, packaging bottlenecks, stack configurations, production yields, and qualification timelines
• Track HBM qualification and supply agreements involving major AI accelerator and hyperscale customers
• Evaluate how HBM production affects broader DRAM availability, product mix, pricing, and profitability
• Build demand models across AI accelerators, servers, smartphones, PCs, automotive, and other end markets
• Develop particular depth in AI-driven HBM demand and high-density memory-module requirements
• Forecast contract and spot pricing, market sufficiency or deficits, inventory cycles, and customer purchasing behaviour
• Translate market assumptions into revenue, gross-margin, earnings, and capital-expenditure implications for covered companies
• Track memory-maker earnings, capex announcements, capacity plans, product roadmaps, and industry developments
• Identify and communicate key market catalysts to institutional clients in near-real time
• Publish concise, data-rich research notes on memory-market developments
• Contribute to major company newsletter reports and deep-dive research projects
• Support institutional clients through calls and the company’s support portal
• Conduct channel checks with industry executives, investor-relations teams, customers, suppliers, and other supply-chain participants
• Build and maintain relationships across Korea’s memory and semiconductor ecosystem
• Represent the company at industry conferences, company meetings, and events across Korea and the broader APAC region

Requirements:

• 2-5 years of experience in equity research, industry analysis, corporate strategy, business planning, or a related role
• Relevant experience at a memory manufacturer, OSAT, semiconductor supplier, financial institution, research firm, or memory-adjacent company
• Strong working knowledge of memory-technology fundamentals, including:
  - DRAM node naming and migration economics
  - NAND layer scaling and architecture transitions
  - HBM stack construction and packaging
  - Bits per wafer, cost per bit, yields, and manufacturing economics
• Demonstrated ability to build and defend bottoms-up supply-and-demand models using fragmented or incomplete information
• Proven three-statement financial-modelling skills
• Advanced level MS Excel
• Exceptional written and verbal communication skills, with the ability to present complex analysis clearly and concisely
• Professional level English

Preferred Requirements:

• Existing relationships across the Korean memory, semiconductor, equipment, materials, packaging, or investment ecosystem
• Experience conducting channel checks or engaging directly with semiconductor executives, suppliers, customers, and investor-relations teams
• Experience covering Samsung Electronics, SK hynix, Micron, Kioxia, SanDisk, CXMT, YMTC, or related supply-chain companies
• Experience producing institutional-quality research reports or presenting analysis to investors and corporate decision-makers
• Familiarity with Python for data analysis, automation, and model maintenance
• Understanding of AI accelerator architectures and how accelerator deployments influence HBM capacity and memory demand
• Proficient in Korean

About the Company:

A foreign technology research and intelligence company focused on the semiconductor and AI industries, providing in-depth analysis, data, and insights on technology, markets, and industry trends.

Keywords:

기술, 반도체, 연구, 글로벌

Job Ref: DS23ZH