Wah Lee announced October sales of NT$6.612 billion

Wah Lee Industrial Corp. (3010.TT) announced its October 2024 consolidated sales of NT$6.612 billion, a YoY growth of 8.47%.  Cumulative Jan.-Oct. 2024 consolidated sales reached NT$66.430 billion, a YoY growth of 19.35%.

During the year of 2024, the advent of generative AI has benefitted from servers end to edge computing.  The major CSPs and all corporates have elevated their capital spendings on AI.  Wah Lee has been providing critical raw materials for high-end semiconductor manufacturing processes and advanced semiconductor packaging materials, 5G high frequency substrates (CCL), DI grade high resolution dry films for IC substrates, and high-end engineering plastics for 3C and EV/Auto.  We will grow together with AI build-ups and related applications with a strong shipment momentum.