Chang Wah Technology reported NT$1.06 billion ($33.8 million) in November revenue, marking a 0.2% month-on-month increase and 4.9% year-over-year growth. The figure represents the second-highest monthly revenue this year and the third-highest for November in the company’s history.
Year-to-date revenue through November reached NT$10.93 billion ($348.7 million), up 2.8% from the previous year. The company projects fourth-quarter revenue between NT$3.15 billion and NT$3.34 billion.
While seasonal holiday demand is tapering off, CChang Wah’s high-end leadframe orders remain stable. The company’s position in Mini LED technology could drive future growth, as it claims to be the only supplier with mass production capabilities for Pre-Mold Metal Substrate (PMMS) solutions used in Mini LED backlighting packages.
After successful implementation in large-format Korean TV models, the company expects wider adoption of its PMMS technology across various TV sizes. However, market acceptance and competition from alternative solutions remain key challenges for sustained growth in this segment.
