[Featured Stock] Protek, TSMC's 3.7 Trillion Advanced Factory Construction... Equipment Supply Expectations Rise
Protec is showing strong performance. It is interpreted that this is influenced by the news that TSMC, the world's largest foundry (semiconductor contract manufacturing) company, is investing over 90 billion Taiwanese dollars (approximately 3.7 trillion KRW) to build an advanced semiconductor factory.
As of 9:59 AM on the 26th, Protec is trading at 52,200 KRW, up 2.15% compared to the previous day.
According to foreign media reports the day before, TSMC plans to invest about 3.7 trillion KRW to build an advanced semiconductor packaging factory in northern Taiwan. TSMC's decision to establish a new factory is known to be in response to the rapidly increasing semiconductor demand driven by the global artificial intelligence (AI) boom.
Recently, TSMC's plan to build a factory in Arizona, USA, has been delayed by about a year to 2025, raising concerns that semiconductor supply to iPhone manufacturer Apple may also be disrupted.
Meanwhile, Protec is a laser reflow equipment company. Reflow equipment is used to attach printed circuit boards (PCBs), which form the foundation of semiconductor circuits, and components together. Laser reflow uses lasers to perform this task.
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Previously, Protec had an exclusive supply contract with Amkor, a US semiconductor post-processing company, but it is reported that the contract was terminated last month. Since many semiconductor companies have wanted to procure equipment from Protec, there is speculation that TSMC, the world's number one foundry company, may adopt Protec's equipment.
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