ENTITY · nepes
Nepes033640
South Korea·assembly test·niche·$0.5B mkt cap
Korean OSAT specializing in fan-out advanced packaging.
CLEAR · 0–39
30/100 illustrative
Underwriting Thesis
CLEAR — Nepes: criticality to DoD-exposed downstream programs compounded by sole-source / single-point-of-failure dominance in assembly test. A chokepoint underwriting concern at this tier.
Factor Breakdown
Foreign-Origin Concentration18
Sole-Source Dependence51
Sanctions Exposure0
Downstream Criticality60
Sanctions Exposure
Entity not present on tracked screening lists (CSL).
DoD Exposure
No matched DoD semiconductor awards (USASpending) for this entity.
Segments
assembly testadvanced packaging
Shortest paths → DoD-exposed firms
- Scale AI · 2 hops · $105.6MNepes → NVIDIA → Scale AI
- GlobalFoundries · 3 hops · $1.05BNepes → Broadcom → Furukawa Electric → GlobalFoundries
- Marvell Technology · 3 hops · $184.3MNepes → Broadcom → InnoLight Technology → Marvell Technology
- Valens Semiconductor · 4 hops · $28.3MNepes → Broadcom → Furukawa Electric → TSMC → Valens Semiconductor
Possible substitutes · same commodity buckets