News / Taiwan / economic_daily
PCB Stocks Flex Muscle Amid Market Sell-off: Flexium and Taiwan Surface Mounting Tech Gain on Meta and Starlink Ties
Electronic Technology · Electronic Components · economic_daily · 2026-10-15
6269, 6278
Despite a massive sell-off in the Taiwan stock market, PCB manufacturers Flexium and Taiwan Surface Mounting Tech are rallying on the back of new AI and satellite supply chain wins.
What Happened
Market Turbulence: The Taiwan stock market experienced a significant downturn on the 15th, shedding 1,655 points and breaking through key support levels. Despite the broad market decline, PCB sector players Flexium and Taiwan Surface Mounting Tech (TSMT) demonstrated notable resilience, standing out as rare gainers.
Flexium's Strategic Pivot: Flexium is currently undergoing a business transformation, shifting from a traditional flexible PCB supplier to a comprehensive transmission solution provider. By diversifying its client base and securing a position in the Meta AI glasses supply chain, the company is positioning itself for growth in 2026.
TSMT's Growth Drivers: TSMT is benefiting from a surge in orders, particularly in the AI server and optical communication segments. Furthermore, the company has successfully secured contracts with SpaceX for satellite components and is expanding its footprint in the robotics industry, which is expected to boost margins.
Analyst Outlook: J.P. Morgan has expressed optimism regarding TSMT, citing its role as a key SMT supplier for major U.S. optical transceiver clients. The firm maintains an 'Overweight' rating on the stock, with a target price of NT$370, reflecting confidence in the company's expanding business portfolio.
Read original
More in Electronic Technology
Electronic Technology · economic_daily · 2026-10-15
Steel manufacturer Kao Hsing Chang has disclosed a NT$300 million investment in TSMC over the past year, highlighting a strategic shift toward diversifying its portfolio beyond its core steel business.
2008, 2330
Electronic Technology · economic_daily · 2026-10-15
Taiwan stocks plummeted over 1,600 points on record foreign selling, with active ETFs and TSMC bearing the brunt of the market-wide sell-off.
00403, 00981, 1216, 1301, 1303, 2303, 2330, 2412, 3231, 6770
Electronic Technology · globe_inside_market · 2026-10-15
A sharp selloff in Asian technology shares has rippled through global markets as investors question the sustainability of AI-driven growth in a high-rate environment.
Latest in Taiwan
Electronic Technology · economic_daily · 2026-10-15
Steel manufacturer Kao Hsing Chang has disclosed a NT$300 million investment in TSMC over the past year, highlighting a strategic shift toward diversifying its portfolio beyond its core steel business.
2008, 2330
Energy Minerals · economic_daily · 2026-10-15
Following a sharp decline in the Philadelphia Semiconductor Index, Taiwan's petrochemical sector saw a massive sell-off, with Nan Ya Plastics and Formosa Chemicals & Fibre hitting limit-down.
1301, 1303, 1326, 2408, 6505
Electronic Technology · economic_daily · 2026-10-15
Taiwan stocks plummeted over 1,600 points on record foreign selling, with active ETFs and TSMC bearing the brunt of the market-wide sell-off.
00403, 00981, 1216, 1301, 1303, 2303, 2330, 2412, 3231, 6770
Electronic Technology · economic_daily · 2026-10-15
GSEO shares defied the broader market slump, rallying after UBS raised its target price, citing the company's strategic entry into CPO components and strong lens performance.
3008, 3363, 3406