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Taiwan Mask Hits New Revenue Heights Amid Global Semiconductor Demand Surge

Strategic Capacity Expansion and Innovative Production Techniques Propel Taiwan Mask to Record Growth
Taiwan
t 2338.TW Mid and Small Cap 2000 Tech 350
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Taiwan Mask has announced significant financial milestones for March and the first quarter, driven by surging global demand for semiconductors. The company’s consolidated revenue for March stood at NT$638 million, reflecting a robust 21% monthly increase and a 16% annual growth. The first-quarter consolidated revenue reached a remarkable NT$18.5 billion, marking an 18% annual increase despite a slight 1.64% quarterly dip, achieving a new high for the period.

The global expansion of semiconductor wafer fabrication plants has led to a surge in photomask demand, placing Taiwan’s photomask production capacity under strain. To address this, Taiwan Mask is fast-tracking its production capacity expansion. The introduction of newly purchased high-end photomask production equipment, which has already received customer certification and entered mass production, contributed to double-digit annual revenue growth in the first quarter.

Looking ahead, Taiwan Mask anticipates a significant increase in the revenue share of high-end photomasks, thanks to the new production capacity. The operations of the group’s subsidiaries are also on a growth trajectory. The company expects robust double growth in revenue and profit performance throughout the year, with projections of quarter-on-quarter increases during peak seasons.

Moreover, Taiwan Mask’s investment in a high-energy laser welded steel structure factory marks a groundbreaking foray into modernizing the traditional steel structure industry. By leveraging semiconductor precision process technology and deploying 10,000-watt high-energy laser welding equipment, the factory aims to address labor shortages while achieving substantial savings in welding materials and electricity consumption, thereby reducing carbon emissions significantly.

Taiwan Mask’s commitment to continuous innovation, technology investment, and production model innovation underscores its strategy to achieve ESG goals and promote energy conservation and carbon reduction. As the company navigates through the booming semiconductor market, its strategic initiatives are set to strengthen its industry position while contributing to sustainable manufacturing practices.

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