Horng Tech Forecasts Greater Contribution from CoWoS Next Year

Reported 8 months ago

Horng Tech (3131), a supplier of equipment related to CoWoS, is expected to benefit from the tight supply of CoWoS production capacity in 2024 and 2025. It is projected that the level of benefits and operational contribution in 2025 will be superior to that of 2024. Horng Tech is expanding production in 2024, keeping pace with the advancement in processes and packaging in advanced wafer factories. Market analysts anticipate the company's entrance into the SoIC advanced packaging and silicon photonics supply chain, serving as a significant driver for operational growth. Horng Tech's main business is wet processing equipment which includes wafer cleaning, PR Stripping, and Under Bump Metallurgy Etching. The company is expected to continue its positive operations alongside its chemical subsidiary, Tian Hong, in the field of semiconductor wet processing.

Source: YAHOO

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