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PCB Maker Flexium Interconnect Reports NT$33.08 Million Settlement Default
Electronic Technology · Electronic Components · economic_daily · 2026-10-28
Taiwan Stock Exchange announced a NT$33.08 million settlement default involving PCB manufacturer Flexium Interconnect, marking the 14th such case this year.
What Happened
Settlement Default Reported: The Taiwan Stock Exchange has officially announced a significant settlement default involving PCB manufacturer Flexium Interconnect. The total value of the default amounts to approximately NT$33.08 million, reported by four different brokerage firms.
Context of the Default: The default stems from trading activities on October 22, which fall under the T+2 settlement cycle. On that trading day, Flexium's stock price experienced a sharp decline of 9.12%, closing at NT$78.7 amid a broader market downturn.
Annual Trend: This incident marks the 14th major settlement default involving a listed company in Taiwan this year. Previous cases have included various prominent firms such as Winbond, AUO, Nanya Technology, and Yageo, highlighting a recurring issue in recent market sessions.
Market Implications: The frequency of these defaults has raised concerns regarding retail investor risk management and leverage. Regulatory authorities continue to monitor trading activities closely to ensure market stability and warn investors of the consequences of failing to meet settlement obligations.