Nan Ya PCB: Capital Expenditure Hits Record High, Expected Consecutive Quarterly Growth in H2

Major IC substrate manufacturer Nan Ya PCB held its shareholders' meeting, approving a 2 NTD dividend per share. Chairman Tsou Ming-jen stated that operations are favorable, with capital expenditures focusing on new and existing processes. President Lu Lien-jui noted this year's capex scale will surpass past levels to meet mid-to-long-term client demand, targeting bottleneck removal and capacity expansion in Taiwan and Kunshan. The company expects consecutive quarterly growth in revenue and profit for the second half of the year, with AI applications already accounting for over 50% of its business.