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Nan Pao Posts Record 10-Month Revenue, Driven by Semiconductor and Display Adhesives
Process Industries · Chemicals: Specialty · economic_daily · 2026-11-09
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Nan Pao reported a 12.6% year-on-year increase in cumulative revenue for the first ten months, hitting a record high as new semiconductor and display materials gain traction.
What Happened
Revenue Performance: Nan Pao reported an October consolidated revenue of NT$2.336 billion, a 17.3% year-on-year increase, bringing the cumulative revenue for the first ten months to NT$21.68 billion. Both figures represent record highs for the same period, reflecting successful product diversification and market expansion.
Product Innovation: The company has achieved key technological breakthroughs in semiconductor packaging adhesives and Foldable Optical Clear Adhesives (OCA). As one of the few global suppliers of foldable screen adhesives, Nan Pao is enhancing screen durability and stability for its clients.
Operational Drivers: While demand for footwear and industrial adhesives remains moderate, the company is offsetting this through strategic pricing and market share gains. Additionally, the Australian building materials segment continues to benefit from strong local demand and favorable currency exchange rates.
Future Outlook: Management remains confident in achieving record annual revenue, with a focus on scaling its semiconductor and electronics business. By prioritizing high-margin products and collaborative R&D with major brands, the company aims to sustain its growth momentum.