News / Taiwan / economic_daily
Harvatek Shares Surge to 16-Year High with Third Consecutive Limit-Up
Electronic Technology · Electronic Components · economic_daily · 2026-09-21
2303, 6168
LED packaging firm Harvatek saw its stock hit a 16-year high after three straight limit-up sessions, driven by UMC group window-dressing and new niche market growth.
What Happened
Stock Market Rally: LED packaging specialist Harvatek has experienced a significant surge, hitting the daily limit-up for three consecutive sessions to reach 42.7 TWD. This performance marks the company's highest stock price level since late 2010.
Growth Drivers: Analysts attribute the rally to window-dressing activities within the UMC group and the company's successful pivot toward niche markets. Strong shipments of wearable device sensors and emerging opportunities in automotive power components and drones have attracted significant investor interest.
Operational Outlook: Looking ahead to the second half of the year, Harvatek expects continued growth in wearable sensor shipments and stable demand for its proprietary COB display screens. These factors are projected to support the company's gross margin expansion.
Strategic Expansion: The company is actively developing automotive power components and drone ranging modules, with production lines currently undergoing client verification. These new products are expected to contribute to long-term growth starting in the second quarter of next year.