Foxsemicon Integrated Technology Inc. posted record first-quarter earnings per share of NT$6.71 ($0.21), up 21.6% year-on-year, as demand for advanced semiconductor manufacturing equipment continues to surge. The Taiwanese company, part of Hon Hai Technologies, also reported April revenue hitting an all-time high of NT$1.76 billion ($55.3 million), increasing 47% from a year earlier.
Net profit for the quarter reached NT$724 million ($22.8 million), rising 32.8% year-on-year despite a seasonal 8.2% decline from the previous quarter. The strong performance stems from major clients ramping up production lines for cutting-edge chip manufacturing processes, with order visibility extending into the third quarter.
The company is relatively insulated from currency fluctuations, with management noting that a 1% appreciation in the New Taiwan dollar affects gross margins by just 0.14%. Foxsemicon recently announced a NT$2 billion ($61.7 million) acquisition of a 51% stake in semiconductor equipment manufacturer FairTech, expected to close by Q3 2025, further bolstering its growth trajectory.
Despite recent U.S. tariff concerns, industry analysts remain optimistic about Foxsemicon’s outlook, as global demand for advanced process equipment maintains strong momentum. The company’s year-to-date revenue through April has surged 46.7% compared to the same period last year.
