Hot Stock: Taihong Expands into New Semiconductor Materials, Surges 25% on Foreign Institutional Buy of 11,200 Shares

Taihong (8039-TW), an upstream FCCL (Flexible Copper Clad Laminate) manufacturer for flexible printed circuits, is actively expanding into new semiconductor and electronic materials with promising prospects. This week, it attracted a net foreign institutional buy of 11,200 shares, pushing its stock price to a record high of NT$201 during trading and closing at NT$192.5, marking a 25% weekly gain.

Taihong's revenue for January to June 2026 reached NT$5.112 billion, up 2.45% year-on-year. Its Q2 2026 revenue was NT$2.696 billion, up 11.62% quarter-on-quarter but down 2.4% year-on-year. According to the company's latest self-reported earnings, May 2026 revenue was NT$914 million, up 1% year-on-year. May's standalone after-tax net profit soared to NT$69.45 million, an 8.01-fold year-on-year increase, resulting in earnings per share of NT$0.26. This strong profit growth was primarily attributed to an optimized product sales mix.

In addition to its core FCCL products, Taihong Technology is developing new materials including fine-line circuit materials, PTFE-filled high-speed copper-clad laminates, and laser bonding materials for temporary adhesion applications. Development and sales progress remain on track. Notably, sales of its fine-line high-end flexible circuit materials have been particularly strong, and its semiconductor materials have advanced into a new stage of engineering validation.

Taihong Technology's stock closed at NT$192.5 on the 17th, up 25% for the week. Technically, the stock has risen above all moving averages. With sustained trading volume, short-term support is seen at the 5-day moving average of NT$185.