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Nanya Expects Growth Surge in Electronic Materials Driven by AI Adoption
Process Industries · Chemicals: Major Diversified · economic_daily · 2026-09-08
Nanya anticipates a growth phase for its electronic materials business as AI hardware demand rises, leading to increased sales volume and pricing for its products.
What Happened
Operational Outlook: The Formosa Plastics Group released its August revenue results and provided a positive outlook, with both Formosa Plastics and Nanya expecting Q4 revenue to surpass Q3 levels. Formosa Plastics attributes this to reduced maintenance schedules and the upcoming peak demand season in China.
AI-Driven Demand: Nanya highlights that AI applications are moving from conceptual stages to real-world deployment, significantly boosting demand for high-performance hardware. This trend has led to increased sales volume and pricing for Nanya's electronic materials, including copper-clad laminates and IC substrates, signaling a new growth phase.
Energy and Costs: Formosa Chemicals & Fibre and Formosa Petrochemical noted that geopolitical tensions in the Middle East have kept oil prices elevated, driving up costs for chemical products and plastics. Despite these cost pressures, the companies remain optimistic that recovering market demand will support revenue growth in September.
Strategic Focus: Beyond its electronic materials business, Nanya is leveraging export opportunities for ethylene glycol (EG) and expanding production lines to bolster revenue. The company maintains an optimistic stance, projecting sequential revenue growth through the third and fourth quarters.