CMC Materials Reports May 2026 Revenue of NT$688 Million (Down 7.4% Year-on-Year)

Company Code: 4960 Company Name: CMC Materials Industry: Optoelectronics Reporting Month: May 2026 Monthly Revenue: NT$687,826 thousand (NT$688 million) Year-on-Year Change: -7.4%

Keywords: Monthly Revenue, Optoelectronics Industry

CMC Materials, a Taiwan-based manufacturer of optical and precision components, reported revenue of NT$687.826 million (approximately NT$688 million) for May 2026, representing a 7.4% decrease compared to NT$743 million in the same month of the previous year. This marks another consecutive month of year-on-year revenue decline, primarily attributed to weak demand in the smartphone and display markets.

The company has been actively expanding into automotive camera modules and optical components for AR/VR applications in recent years, aiming to diversify beyond consumer electronics. However, a significant portion of its revenue still relies on consumer electronic devices, making it vulnerable to market fluctuations. The second quarter of 2026 continues to see inventory adjustments across the optoelectronics supply chain, along with persistent price competition from Chinese manufacturers.

Industry analysts note that as the industry shifts toward OLED and micro-LED technologies, demand for traditional LCD-related materials is expected to decline in the medium to long term. CMC Materials is under pressure to accelerate the development of high-value-added materials and expand its customer base, particularly targeting automotive and industrial equipment manufacturers in North America and Europe. The company plans to begin mass production of new products in the second half of 2026, which could be pivotal for revenue recovery.

Investors are closely watching for improvements in gross margin and progress in new business segments in upcoming quarterly reports. Securities analysts maintain a cautious outlook for the full-year 2026 financial performance, emphasizing the need for further cost structure optimization.