Gudeng Precision, a provider of semiconductor protection, transfer and storage solutions, reported record financial results for 2024 with consolidated revenue reaching NT$65.45 billion ($2.27 billion), up 29% from the previous year.
The Taiwanese company posted net profit attributable to shareholders of NT$11.68 billion, a 29% increase from NT$9.05 billion a year earlier. Earnings per share reached NT$12.32, though gross margin slipped to 44%.
Gudeng attributed the margin decline to a surge in wafer carrier shipments that altered its product mix. Additional expenses from the integration of subsidiaries and new facility setup also impacted profitability, which the company expects to improve as operational capacity increases.
The firm reported stable shipments of extreme ultraviolet (EUV) photomask pods while introducing next-generation HighNA-EUV pods certified by ASML. Geopolitical tensions have driven increased customer demand for wafer carriers, making Gudeng’s products standard in most new semiconductor plants across Greater China, Taiwan and overseas markets.
Leveraging advantages in production efficiency and product quality, Gudeng has been gaining market share from American and Japanese competitors. The company highlighted particularly strong momentum in Greater China, where it has established partnerships with over 30 leading semiconductor manufacturers and secured orders for both 8-inch and 12-inch wafer carriers.
Despite global industry volatility and policy shifts, Gudeng remains focused on building an AI industry ecosystem as its strategic priority, with continued R&D investment in advanced process and packaging carrier markets. The company expects growth to continue in 2025.
