Hsinchu, Taiwan, October 7, 2026 – Sino-American Silicon Products Inc. (SAS, 5483:TT) released its September results today, indicating that the consolidated revenue reached NT$ 7.17 billion, with 6.67 % MoM and -5.61 % YoY. Moving into Q3 2026, SAS reported consolidated revenue of NT$ 20.88 billion, marking a -1.14 % QoQ and 9.41 % YoY, marking the second-highest third-quarter revenue in the company’s history! Cumulative revenue for the first three quarters of 2026 surpassed the NT$60 billion milestone, reaching NT$61.38 billion and setting a new record high for the first nine months of any year!
SAS’s semiconductor subsidiary, GlobalWafers (GWC, 6488:TT), also released its September results today. The consolidated revenue reached NT$ 5.13 billion, marking a 7.65 % MoM and a -13.13% YoY. In Q3 2026, GlobalWafers’ consolidated revenue totaled NT$ 14.87 billion, showing a -2.26 % QoQ and a 2.60 % YoY. Looking at the first three quarters of 2026, the consolidated revenue amounted to NT$ 44.1 billion, reflecting a -4.40 % YoY.
As investment in AI infrastructure continues to expand, accelerating adoption of HBM, advanced packaging, silicon photonics, and high-efficiency power solutions is strengthening the recovery momentum across the semiconductor market. This recovery is also gradually broadening into additional end markets, including memory, industrial applications, and consumer electronics, driving demand growth across GlobalWafers’ product portfolio and keeping capacity utilization at high levels. Although the impact of the fire at the Novara facility in Italy on customer supply has been effectively contained, the incident is expected to continue affecting overall revenue and capacity allocation in the near term. The Novara facility partially resumed operations on September 14, with the epitaxial (EPI) process restarting and shipments resuming ahead of the wafering lines. Overall recovery progress has been better than initially anticipated. However, certain downstream processes remain under reconstruction, while capacity at supporting facilities is already tight. In addition, some newly ordered equipment has longer lead times and must still undergo installation, validation, and customer qualification. These factors limit the flexibility of GlobalWafers’ global capacity allocation, meaning that the Novara facility’s production capacity and revenue contribution will recover gradually. Leveraging its global manufacturing network and cross-site support capabilities, GlobalWafers continues to minimize the impact on operations and customer supply. The Company will carefully manage capacity allocation across its global facilities while progressively strengthening overall supply capabilities and operational resilience.
Meanwhile, GlobalWafers’ global capacity expansion is continuing to deliver tangible progress. The newly expanded 12-inch facility in Italy was unaffected by the fire incident and continues to steadily advance customer qualifications and production ramp-up. In the United States, the new Texas facility is benefiting from progress in customer qualifications, an optimized product mix, and significantly higher shipment volumes, with the benefits of its capacity expansion becoming increasingly evident. In specialty products, growing demand from emerging applications such as silicon photonics has driven a significant increase in both demand and output for 12-inch products at the Missouri SOI facility, with expansion benefits gradually materializing. The Niigata facility in Japan also delivered strong performance, with September revenue reaching a new all-time monthly high, while third-quarter revenue set another all-time quarterly record, marking three consecutive quarters of growth. Other major manufacturing sites likewise benefited from improvements in product mix, sales volume, and production efficiency, providing additional momentum to overall operations. GlobalWafers will continue to leverage the strengths of its global manufacturing footprint and comprehensive product portfolio to capture medium- to long-term growth opportunities driven by AI, advanced applications, and supply chain localization. In addition, GlobalWafers recently completed its Global Depositary Shares (GDS) offering, raising approximately US$1.432 billion in gross proceeds, making it the third-largest GDS offering in Taiwan’s history. The offering further strengthens the Company’s financial position and funding flexibility, while supporting raw material procurement in local currencies and capacity expansion at its overseas subsidiaries, providing additional resources to support the Company’s future growth and operations. Looking ahead, GlobalWafers will continue to leverage its global manufacturing network and comprehensive product portfolio, closely monitor evolving market demand and the pace of industry recovery, and make every effort to optimize resource and capacity allocation to capture medium- to long-term growth opportunities driven by AI, advanced applications, and supply chain localization.
Demand for AI computing power continues to grow, driving increased electricity consumption in data centers and advanced manufacturing and boosting corporate demand for renewable electricity, energy storage, and energy management services. SAS is expanding its renewable energy portfolio through a dual-track strategy encompassing both manufacturing and services. On the manufacturing side, Sustainable Sunrise Co., Ltd. (SUN), SAS’s wholly owned subsidiary in Yilan, Taiwan, continues to develop Taiwan’s rooftop solar market while leveraging its high-efficiency solar technologies to enter high-barrier applications, including premium net-zero-energy solar roofing in the United States and low Earth orbit (LEO) satellites worldwide. In addition, the U.S. solar project jointly undertaken with United Renewable Energy Co., Ltd. (URECO) is progressing steadily as planned. The two parties will work together to capture opportunities in the U.S. renewable energy market, deepen their international presence, and enhance overall competitiveness.
On the services side, subsidiary Susen Green Energy (SGE, 7931) integrates renewable energy generation, electricity sales, energy storage, and energy efficiency services to provide one-stop corporate green energy solutions. SGE is Taiwan’s first privately owned electricity retailer to supply offshore wind power. Once CIP’s Fengmiao I offshore wind project comes online, SGE will further strengthen its complementary mix of wind and solar power sources. As of the end of the third quarter, the combined green electricity transaction volume of Anneal Energy and Sustainable Energy Solution (SES), the Group’s electricity retail subsidiaries, had risen to a leading position in Taiwan’s private green electricity retail market. Among these developments, SES signed a 20-year, 26.3 MW corporate power purchase agreement (CPPA) with Aquila Clean Energy APAC, a professional developer of fishery-solar projects, with annual green electricity supply expected to exceed 32 million kWh. More than 85% of the green electricity contracts secured by the two electricity retail brands are long-term agreements with durations of over 10 years, while the cumulative contracted value has exceeded NT$100 billion. These achievements not only reflect the continued growth in corporate demand for green electricity, but also provide a solid foundation for the Company’s long-term, stable revenue stream and enhanced business visibility.
Among SAS’s affiliated companies, Taiwan Speciality Chemicals Corporation (TSCC, 4772:TT) reported cumulative consolidated revenue of NT$2.76 billion for the first three quarters, representing a year-over-year increase of 146.2%. Driven by demand from AI and advanced semiconductor processes, capacity utilization for disilane has approached full utilization, with further capacity expansion underway. AHF (anhydrous hydrogen fluoride) is also being progressively adopted in advanced logic, memory, and HBM (high-bandwidth memory) processes. Meanwhile, the benefits of the acquisition of Hung Jie Technology Corporation are gradually materializing, with its cleaning and coating capacity being expanded in parallel.
Advanced Wireless Semiconductor Company (AWSC, 8086:TT) reported cumulative consolidated revenue of NT$3.78 billion for the first three quarters, up 32.1% year over year. Its power amplifier (PA) business continues to benefit from 5G and Wi-Fi 7 applications, which are driving demand for gallium arsenide (GaAs) wafer foundry services. Its non-PA business is expanding into applications including AI high-speed optical communications and solar energy. Data center optical communications (Datacom) products are already in stable volume shipments, while the company continues to advance its vertical-cavity surface-emitting laser (VCSEL) initiatives to capture opportunities in AI data centers and high-speed optical transmission markets.
Actron Technology Corporation (8255:TT) reported cumulative consolidated revenue of NT$6.03 billion for the first three quarters, representing year-over-year decline of 3.7%. Demand for its automotive ultra-low-loss diodes (ULLD) remains strong, while its non-automotive business continues to expand into industrial applications. Customized insulated-gate bipolar transistor (IGBT) products have entered low-volume production, and the company is also expanding its presence in applications including silicon carbide (SiC), AI server power supplies, and high-voltage direct current (HVDC). The SAS Group will continue to integrate resources and technological strengths across its businesses while advancing its three core business areas—renewable energy manufacturing and services, automotive components, and semiconductors—to capture growth opportunities arising from the simultaneous expansion of computing power and electricity demand.