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Chang Wah Technology Enhances M&A and Production Expansion to Grab 30% Market Share

 

Date: 2018-07-09

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  Chang Wah Technology, the major lead frame manufacturer, ranked first in the global lead frame market in Q4, 2017. Chairman Huang, Jia-Neng stated that apart from specified material lead frames, the lead frame manufacturing company can claim to be capable of providing the most complete products in the world. In the future, Chang Wah Technology will continue to pursue dual-track development through spontaneous expansion and mergers and acquisitions (M&A), hoping to grab a global market share of up to 30% within three years and become a key global supplier of semiconductor materials.
 

    Huang Jia Neng noted that as a subsidiary of Chang Wah Technology Group, Chang Wah Technology has recently merged with the lead frame business sector of Sumitomo of Japan to play a key role in the manufacturing of semiconductor packaging materials worldwide. Apart from manufacturing lead frames for LEDs, PCBs and semiconductors, Chang Wah Technology has now achieved its strongest ever position through M&A and the enhancement of its R&D capabilities.

 

    He stressed that Chang Wah Technology’s growth will not be limited to its current 10% global market share, as the active development of electric vehicles in mainland China and the rapid global advancement of 5G has injected momentum for growth into the global semiconductor industry, which in turn has brought substantial business opportunities to Chang Wah Technology’s existing lead frames.
 

 

    Huang Jia Neng has set a target for a 30% global market share in the next three years through QFN lead frame production capacity expansion and continuous M&A. The company has also initiated four internal strategies, including QFN production capacity expansion and plans for an additional new monthly production line of one million units next year. (Source: Economic Daily News)

 

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