Business mix
- Semiconductor system business (equipment for etching, deposition, detection, etc.) and service business, the system business is expected to grow by more than 30%, and the service business is expected to grow by double digits.
- Downstream applications cover logic foundry, DRAM, NAND and advanced packaging. AI-related investments and cloud computing service provider expansion are the main growth drivers.
- Improve service efficiency and drive gross profit margin expansion through the EPIC platform, while maintaining an active capital return strategy.
Current key questions
- Customer cleanroom space has constraints around capacity expansion, but the company is building visibility and resilience through an eight-quarter rolling forecast and supply chain regional diversification.
- Competition in the advanced packaging field is fierce. Companies maintain leadership through acquisitions (such as X-ray technology) and R&D (hybrid bonding), and need to continue to innovate to deal with iteration risks.
- Semiconductor cycle fluctuations may affect equipment demand, but the structural growth of AI and cloud computing provides long-term support.
