Hsinchu, Taiwan, Aug 7, 2026 – Sino-American Silicon Products Inc. (SAS) today (8/7) held the Board meeting and approved Q2 2026 earnings results. Q2 2026 consolidated revenue totaled NT$21.1 billion with YoY 4.4%; gross profit of NT$4.8 billion, gross profit margin of 22.7%; operating income of NT$2.2 billion, operating income margin of 10.6%; net income of NT$4.5 billion, net income margin of 21.1%; net income attributable to the parent company of NT$2 billion, net income attributed to the parent company margin of 9.3%; EPS of NT$3.19. Its semiconductor subsidiary, GlobalWafers (GWC), Q2 2026 consolidated revenue totaled NT$15.2 billion, gross profit of NT$3.1 billion, operating income of NT$1.4 billion, net income of NT$3.8 billion, EPS of NT$7.9.

 

For the first half of 2026, SAS reported consolidated revenue of NT$40.5 billion, up 2.3% YoY. Gross margin was 22.9%, operating margin was 11.2%, and net income reached NT$7.1 billion, representing a net margin of 17.4%. Net income attributable to the parent company totaled NT$3.1 billion, with a net margin attributable to the parent company reached 7.6%, while EPS was NT$5.02. GlobalWafers reported first-half 2026 consolidated revenue of NT$29.2 billion, down 7.6% YoY, with a gross margin of 20.7%, operating margin of 9.9%, net income of NT$5.7 billion, a net margin of 19.4%, and EPS of NT$11.87. SAS achieved its highest-ever second-quarter consolidated revenue on record, while second-quarter net income reached the second-highest level for the same period in the Company’s history. First-half consolidated revenue also reached the second-highest level ever recorded for the same period.

 

Driven by the global energy transition and rising AI-related electricity demand, SAS continues to strengthen its renewable energy business. On the renewable energy manufacturing side, wholly owned subsidiary Sustainable Sunrise Co., Ltd. (SUN) continues to expand into high-value applications including low Earth orbit (LEO) satellites and Zero-Energy Buildings (ZEB). On the renewable energy services side, subsidiary Susen Green Energy Co., Ltd. (SGE, 7931:TT) provides one-stop energy solutions covering power generation, power sales, energy storage, and energy efficiency services. As of the end of the second quarter of 2026, SGE’s power retail subsidiaries, Anneal Energy Co., Ltd. (Anneal) and Sustainable Energy Solution (SES), had signed contracts with an aggregate value exceeding NT$100 billion, with more than 85% of contracts having terms of over 10 years, providing stable long-term cash flow. In addition to its existing long-term contracts, SGE continues to develop new renewable power plants and diversify its green electricity portfolio while actively engaging with a broad range of corporate customers on new cooperation opportunities. Its project pipeline continues to grow steadily, providing strong support for future business expansion. Recently, SAS also announced the establishment of a joint venture with United Renewable Energy Co., Ltd. (URECO) in the United States. The two companies plan to jointly invest approximately US$40 million to build a 1 GW solar module manufacturing facility, strengthening local manufacturing capabilities in the U.S. Supported by the growing emphasis on energy security, rising AI-driven electricity demand, and supply chain localization, market demand continues to increase for locally supplied, traceable and compliant low-carbon energy products. Leveraging its global footprint, SAS is well positioned to capture the opportunities arising from the global energy transition.

 

In the semiconductor business, demand continued to benefit from artificial intelligence (AI), high-performance computing (HPC), and advanced semiconductor manufacturing, while industrial and power management applications also showed gradual recovery. The global semiconductor industry continued its recovery momentum during the quarter. GlobalWafers recorded meaningful sequential revenue growth in the second quarter, reflecting improving market demand and industry conditions. As demand continued to improve, existing 12-inch wafer capacity is fully utilized, while 8-inch capacity utilization stays at a high level, with the recovery momentum gradually extending to 6-inch products. Meanwhile, the Company’s global expansion projects have begun delivering results, with new capacities in the United States, Italy, and Japan progressively completing customer qualifications and entering mass production, and the benefits of these expansion projects are gradually becoming increasingly evident. GlobalWafers also continues to strengthen its portfolio of high-value-added products, including SOI, GaN, 12-inch SiC, square wafers, and advanced packaging materials. These initiatives continue to optimize the Company’s product mix and profitability while further enhancing its long-term growth prospects and global competitiveness.

 

Regarding affiliated companies, Taiwan Speciality Chemicals Corporation (TSC, 4772:TT) continued to benefit from strong demand driven by advanced semiconductor manufacturing and AI applications, with robust demand for high-purity specialty gases and semiconductor precursor materials. Despite a high comparison base resulting from large customer shipments in the same period last year, TSC’s standalone revenue still increased by 29.7% YoY in the first half of 2026, demonstrating solid growth momentum in its core business. As customer demand continued to strengthen, capacity utilization for the second half of the year has been revised upward from the initial estimate of approximately 70% to near full utilization, reflecting stronger-than-expected market demand. TSC’s disilane expansion project is scheduled to commence in the third quarter and is expected to increase annual production capacity by more than 30%. Anhydrous hydrogen fluoride (AHF), Taiwan’s first locally developed product of its kind for advanced semiconductor manufacturing applications, continues to experience strong customer demand, with shipments increasing quarter by quarter, highlighting its significant future growth potential. Supported by continued strength in its core business and contributions from subsidiary Hung Jie Technology Corporation (HJT), TSC reported consolidated revenue of NT$1.7 billion for the first half of 2026, representing YoY growth of 262.8%, with EPS of NT$2.83. Both consolidated revenue and EPS reached record highs. Advanced Wireless Semiconductor Company (AWSC, 8086:TT) benefited from flagship Android smartphone inventory replenishment and increasing demand for mid-to-high-end products, delivering solid operating performance. In addition, the Company has been actively expanding into the drone Wi-Fi and optical communication markets. Driven by growing demand from AI data centers and high-speed optical communications, the optoelectronic components market is developing rapidly. Among these, laser diodes (LDs), which serve as the light source, and photodiodes (PDs), which detect optical signals, are key components. Some of the Company’s products have entered the customer sampling and qualification stage, and the Company is advancing cooperation projects with multiple international customers, creating new growth momentum for future operations. First-half consolidated revenue reached NT$2.5 billion, up 44.4% YoY, with EPS of NT$2.93. Both revenue and EPS reached the second highest first-half levels on record. Actron Technology Corporation (Actron, 8255:TT) maintained stable demand for its core automotive products while actively expanding into high-growth applications such as AI power management. First-half consolidated revenue reached NT$4.1 billion, down 4.9% YoY, with EPS of NT$3.14.

 

Driven by the two structural trends of AI development and the global energy transition, SAS has established a diversified growth platform spanning semiconductors, renewable energy, and automotive components. Looking ahead, SAS will continue to strengthen its portfolio of high-value-added products, expand its global localized manufacturing footprint, and deepen its long-term energy service business. By accelerating the conversion of its technological and industry advantages into business growth, SAS will further strengthen the Group’s growth momentum and create long-term value for shareholders.