Reported about 1 year ago
Kaeda Precision, a leading domestic provider of critical and valuable materials protection, transmission, and storage solutions, recently announced a revenue of approximately 562 million New Taiwan Dollars for May 2024, marking a new monthly high for the year with a 62% year-on-year growth. The group has accumulated revenue of about 2.51 billion NTD this year, a 20% increase from the same period last year. With Kaeda's strong shipping momentum in Q2, stable shipments of photomasks, and explosive growth in wafer carriers for mature and advanced processes, the group is expected to have a high-performing operational year. As Kaeda expands its global footprint, focusing on factory expansions to increase production capacity, the company's market share potential is considerable. With increased orders from the Greater China region, Kaeda aims to enhance capacity and yield. Furthermore, its subsidiary in the US is serving semiconductor giants, emphasizing timely deliveries and efficient services to expand the American market along with other alliance partners in the semiconductor supply chain. Kaeda is also eyeing Japan's investment opportunities in the semiconductor sector, with plans to establish a significant overseas backup production base at its Japanese facility by 2026. As highlighted by the Computex 2024 event last week, the importance of computing power in the AI era was emphasized, positioning Taiwan as a vital hub for global AI supply chain development with its comprehensive ecosystem and talent resources, attracting worldwide clients seeking ideal partnerships. With Taiwan maintaining high operational efficiency and low costs, Kaeda's future developments and expansion centers will remain domestically robust, with photomask carriers showing stable growth, wafer carriers gaining market share, and the unstoppable trends in advanced packaging and aerospace industry support ensuring the group's unstoppable operational success.
Source: YAHOO