# If Hana Materials moves, who benefits? How far does the value-chain ripple reach?
Canonical: https://valuechain.wiki/hana-materials · Facet: ripple · Updated: 2026-07-12T08:23:03.288+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Per the valuechain.wiki graph, Hana Materials is directly linked to 4 companies (0 supply, 3 revenue, 1 investment relationships) and reaches 21 companies within two hops; the links are backed by 5 dated sources, 2 of them primary filings (as of 2026-07-12).

Hana Materials operates across KOSDAQ, Semi materials, Etch consumables (electrodes, rings). After +173.9% in 2025, it gave back -25.4% in 2026. The demand side (avg +57.2%) leads the stock (-25.4%), so customer moves come first here. Among connected nodes the furthest ahead is SK hynix (+81.6%) and the furthest behind is Tokyo Electron (TEL) (+30.3%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. Watch the memory cut/expansion cycle and wider SiC-part adoption.

## Demand chain (leading)
- T1 SK hynix (https://valuechain.wiki/sk-hynix.md)
- T2 Alphabet (Google) (https://valuechain.wiki/alphabet.md)
- T3 Anthropic (https://valuechain.wiki/anthropic.md)
- T3 Planet Labs (https://valuechain.wiki/planet-labs.md)
- T3 Walmart Inc (https://valuechain.wiki/walmart.md)
- T3 McDonald's (https://valuechain.wiki/mcdonalds.md)
- T3 MercadoLibre, Inc. (https://valuechain.wiki/mercadolibre.md)
- T3 Shopify (https://valuechain.wiki/shopify.md)
- T3 Uber (https://valuechain.wiki/uber.md)
- T3 Costco Wholesale (https://valuechain.wiki/costco.md)
- T3 LVMH Moet Hennessy Louis Vuitton (https://valuechain.wiki/lvmh.md)
- T3 Recursion Pharmaceuticals (https://valuechain.wiki/recursion.md)
- T3 Intuit Inc. (https://valuechain.wiki/intuit.md)
- T3 Workday, Inc. (https://valuechain.wiki/workday.md)
- T3 Salesforce, Inc. (https://valuechain.wiki/salesforce.md)
- T3 Booking Holdings Inc. (https://valuechain.wiki/booking-holdings.md)
- T3 Stryker Corporation (https://valuechain.wiki/stryker.md)
- T3 HCA Healthcare, Inc. (https://valuechain.wiki/hca-healthcare.md)
- T3 DoorDash, Inc. (https://valuechain.wiki/doordash.md)
- T3 AppLovin Corporation (https://valuechain.wiki/applovin.md)
- T3 Cintas Corporation (https://valuechain.wiki/cintas.md)
- T3 Colgate-Palmolive Company (https://valuechain.wiki/colgate-palmolive.md)
- T3 Honeywell Technologies (https://valuechain.wiki/honeywell-technologies.md)
- T3 AutoZone (https://valuechain.wiki/autozone.md)
- T3 eBay Inc. (https://valuechain.wiki/ebay.md)
- T3 Expedia Group, Inc. (https://valuechain.wiki/expedia-group.md)
- T3 The Kraft Heinz Company (https://valuechain.wiki/kraft-heinz.md)
- T3 Ingersoll Rand Inc. (https://valuechain.wiki/ingersoll-rand.md)
- T3 Omnicom Group Inc. (https://valuechain.wiki/omnicom-group.md)
- T2 AMD (https://valuechain.wiki/amd.md)
- T3 Microsoft (https://valuechain.wiki/microsoft.md)
- T3 Oracle (https://valuechain.wiki/oracle.md)
- T3 OpenAI (https://valuechain.wiki/openai.md)
- T3 Hewlett Packard Enterprise (https://valuechain.wiki/hpe.md)
- T3 ASUSTeK Computer (https://valuechain.wiki/asustek.md)
- T3 Meta Platforms (https://valuechain.wiki/meta.md)
- T2 Broadcom (https://valuechain.wiki/broadcom.md)
- T3 Apple (https://valuechain.wiki/apple.md)
- T3 Arista Networks (https://valuechain.wiki/arista.md)
- T3 Eoptolink (https://valuechain.wiki/eoptolink.md)
- T3 NetApp, Inc. (https://valuechain.wiki/netapp.md)
- T2 Marvell (https://valuechain.wiki/marvell.md)
- T3 Amazon (https://valuechain.wiki/amazon.md)
- T2 NVIDIA (https://valuechain.wiki/nvidia.md)
- T3 Super Micro (https://valuechain.wiki/super-micro.md)
- T3 IREN (https://valuechain.wiki/iren.md)
- T3 Aurora Innovation (https://valuechain.wiki/aurora.md)
- T3 TeraWulf (https://valuechain.wiki/terawulf.md)
- T3 Pony.ai (https://valuechain.wiki/pony-ai.md)
- T3 Wiwynn (https://valuechain.wiki/wiwynn.md)
- T3 Rigetti Computing (https://valuechain.wiki/rigetti.md)
- T3 Quanta Computer (https://valuechain.wiki/quanta.md)
- T3 Dell Technologies (https://valuechain.wiki/dell.md)
- T3 CrowdStrike (https://valuechain.wiki/crowdstrike.md)
- T3 Datadog (https://valuechain.wiki/datadog.md)
- T3 Snowflake (https://valuechain.wiki/snowflake.md)
- T3 Lenovo (https://valuechain.wiki/lenovo.md)
- T3 ServiceNow (https://valuechain.wiki/servicenow.md)
- T3 Tesla (https://valuechain.wiki/tesla.md)
- T3 Palantir Technologies (https://valuechain.wiki/palantir.md)
- T3 Kratos Defense (https://valuechain.wiki/kratos.md)
- T3 Schrodinger (https://valuechain.wiki/schrodinger.md)
- T3 Toyota Motor Corporation (https://valuechain.wiki/toyota.md)
- T3 SK Telecom (https://valuechain.wiki/sk-telecom.md)
- T3 Illumina (https://valuechain.wiki/illumina.md)
- T3 General Motors (https://valuechain.wiki/general-motors.md)
- T3 Hyundai Motor Company (https://valuechain.wiki/hyundai-motor-company.md)
- T3 Gigabyte Technology (https://valuechain.wiki/gigabyte.md)
- T3 CoreWeave (https://valuechain.wiki/coreweave.md)
- T3 Wistron (https://valuechain.wiki/wistron.md)
- T3 Foxconn (Hon Hai) (https://valuechain.wiki/foxconn.md)
- T3 Celestica (https://valuechain.wiki/celestica.md)
- T3 Geely Auto (https://valuechain.wiki/geely-auto.md)
- T3 Baidu (https://valuechain.wiki/baidu.md)
- T3 IonQ (https://valuechain.wiki/ionq.md)
- T3 Nebius Group (https://valuechain.wiki/nebius.md)
- T3 Cloudflare (https://valuechain.wiki/cloudflare.md)
- T3 Alibaba Group (https://valuechain.wiki/alibaba.md)
- T3 Mercury Systems (https://valuechain.wiki/mercury-systems.md)
- T3 Tempus AI (https://valuechain.wiki/tempus-ai.md)
- T3 Tencent Holdings Limited (https://valuechain.wiki/tencent-holdings-limited.md)
- T3 IBM (https://valuechain.wiki/ibm.md)
- T3 Schlumberger (https://valuechain.wiki/schlumberger.md)
- T3 Agilent Technologies, Inc. (https://valuechain.wiki/agilent-technologies.md)
- T3 Yum! Brands (https://valuechain.wiki/yum-brands.md)
- T3 GE HealthCare Technologies Inc. (https://valuechain.wiki/ge-healthcare.md)
- T2 Everpure (formerly Pure Storage) (https://valuechain.wiki/pure-storage.md)
- T1 Samsung Electronics (https://valuechain.wiki/samsung-electronics.md)
- T2 Qualcomm (https://valuechain.wiki/qualcomm.md)
- T3 Xiaomi (https://valuechain.wiki/xiaomi.md)
- T3 LG Electronics (https://valuechain.wiki/lg-electronics.md)
- T3 Kyocera (https://valuechain.wiki/kyocera.md)
- T1 Tokyo Electron (TEL) (https://valuechain.wiki/tokyo-electron.md)
- T2 SMIC (https://valuechain.wiki/smic.md)
- T3 Cambricon (https://valuechain.wiki/cambricon.md)
- T3 Hygon (https://valuechain.wiki/hygon.md)
- T3 GigaDevice (https://valuechain.wiki/gigadevice.md)
- T2 Kioxia (https://valuechain.wiki/kioxia.md)
- T3 Phison Electronics (https://valuechain.wiki/phison.md)
- T2 SanDisk (https://valuechain.wiki/sandisk.md)
- T2 Texas Instruments (https://valuechain.wiki/texas-instruments.md)
- T2 TSMC (https://valuechain.wiki/tsmc.md)
- T3 Intel (https://valuechain.wiki/intel.md)
- T3 Astera Labs (https://valuechain.wiki/astera-labs.md)
- T3 Sony Semiconductor Solutions (https://valuechain.wiki/sony-semiconductor.md)
- T3 Alchip Technologies (https://valuechain.wiki/alchip.md)
- T3 Credo Technology (https://valuechain.wiki/credo.md)
- T3 Global Unichip (https://valuechain.wiki/global-unichip.md)
- T3 NXP Semiconductors (https://valuechain.wiki/nxp.md)
- T3 MediaTek (https://valuechain.wiki/mediatek.md)
- T3 Renesas Electronics (https://valuechain.wiki/renesas.md)
- T3 Mobileye (https://valuechain.wiki/mobileye.md)
- T3 Analog Devices (https://valuechain.wiki/analog-devices.md)
- T3 Microchip Technology (https://valuechain.wiki/microchip.md)
- T3 Cisco (https://valuechain.wiki/cisco.md)
- T3 Montage Technology (https://valuechain.wiki/montage.md)
- T3 Cerebras Systems (https://valuechain.wiki/cerebras.md)
- T3 Ambarella (https://valuechain.wiki/ambarella.md)
- T3 Realtek (https://valuechain.wiki/realtek.md)
- T3 Fortinet (https://valuechain.wiki/fortinet.md)
- T3 Will Semiconductor (https://valuechain.wiki/will-semiconductor.md)
- T2 Micron Technology (https://valuechain.wiki/micron.md)
- T2 ROHM (https://valuechain.wiki/rohm.md)
- T2 Nanya Technology (https://valuechain.wiki/nanya-tech.md)

## Supply chain (benefiting)
- T1 Hana Micron (https://valuechain.wiki/hana-micron.md)
- T2 Kulicke & Soffa (https://valuechain.wiki/kulicke-soffa.md)
- T2 Advantest (https://valuechain.wiki/advantest.md)

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Full node: https://valuechain.wiki/hana-materials.md · JSON: https://valuechain.wiki/hana-materials.json