Reported about 1 year ago
In Taipei on June 10, 2024, at 4:10 p.m., Jia Dian Precision reported a record-breaking May group consolidated revenue of 562 million NTD, a 62% year-on-year growth, with total revenue for the first five months around 2.51 billion NTD, a 20% increase from the same period last year. Jia Dian expects a strong shipment momentum in the second quarter, particularly in photomask carriers and wafer carriers with steady shipments and growth in mature and advanced processes, projecting an upward trend in operations throughout the year. With expansions in the global market, focus on expanding production capacity remains essential for Jia Dian this year. Operations in Kunshan and Chongqing factories in China are accelerating to meet market demands and challenges. The company also highlights its US subsidiary's service to major semiconductor manufacturers and plans to establish an important backup production site in Japan by 2026 given the similar work culture and infrastructure. Taiwan remains a crucial supply chain development base for AI and advanced manufacturing, with Jia Dian playing a significant role in these advancements. Overall, as Taiwan maintains efficiency and low costs, Jia Dian's future expansion plans will likely stay domestic, with steady growth in photomask carriers, expanding market share in wafer carriers, and promising trends in advanced packaging and aerospace support.
Source: YAHOO