---
title: "Plastic manufacturer Nitto is seizing semiconductor opportunities, investing hundreds of millions to build a high-purity area"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/229368396.md"
description: "Natech Technology is investing NT$ 100 million to build a semiconductor-grade high cleanliness area at its Changhua plant to meet the strict material requirements of EUV POD and FOUP. The company expects that by 2024, the revenue share from its semiconductor business will reach 16%, and plans to start mass production at its Shanghai plant in March 2025. Chairman Chen Hsun-Sen anticipates that this year's semiconductor revenue will exceed 20%. Chairman Qiu Ming-Gan of Jiaden is optimistic about the operational outlook for 2025, expecting revenue to achieve double-digit growth"
datetime: "2025-02-24T06:56:12.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/229368396.md)
  - [en](https://longbridge.com/en/news/229368396.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/229368396.md)
generator: "portal-rs"
---

# Plastic manufacturer Nitto is seizing semiconductor opportunities, investing hundreds of millions to build a high-purity area

Why It Matters

-   As semiconductor processes become more advanced, the requirements for the cleanliness, heat resistance, and anti-static properties of EUV POD (photomask carriers) and FOUP (wafer carriers) materials become increasingly stringent, creating a competitive niche for suppliers.

-   Netech Technology is the exclusive supplier of plastics for major EUV POD and FOUP manufacturer Jiadeng (3680), building high cleanliness production lines for Jiadeng and developing exclusive plastic formulas in line with advanced processes. Its performance and new product development technology can serve as a leading indicator for the development of advanced processes.

Background Story

-   Netech Technology was established in 1988, with production facilities in Changhua, Taiwan, and Shanghai, China.

-   Netech's main products include high-temperature materials, specialty plastics, and high thermal conductivity plastics, which are used in the semiconductor, communications, automotive, and consumer industries; with an annual production capacity of 56,000 tons.

-   Its semiconductor business is expected to account for 16% of revenue in 2024, primarily providing plastics for Jiadeng's EUV POD, FOUP, and CoWoS.

What Happened

-   To align with Jiadeng's business layout, Netech invested NT$100 million to establish a semiconductor-grade high cleanliness area at its Changhua plant to develop and produce the plastics required for advanced processes; it is also setting up a semiconductor area at its Shanghai plant, aiming for mass production by March 2025 to supply Jiadeng's Greater China operations.

What's Next

-   Benefiting from Jiadeng's business growth momentum, Netech Technology's Chairman Chen Hsun-Sen expects this year's semiconductor revenue to exceed 20%.

-   IC Tray (wafer trays) is the next important development direction for Netech. Due to rising prices of AI chips, customers are beginning to push for Low Particle specifications, requiring high cleanliness, anti-static, high-temperature resistance, and low warpage dimensions, which presents new opportunities for Netech. Current products are being validated by domestic packaging giants, with production expected to commence this year.

What They Say

-   Jiadeng's Chairman Qiu Ming-Qian stated that the operational outlook for 2025 is optimistic, with revenue expected to grow at a double-digit level; the open wafer transfer box (FOUP) and large carriers for advanced packaging are the main growth drivers.

## Mentioned Stock

-   3680 Jiadeng

## Concept Stocks

-   Wafer Transfer Box FOUP

### Related Stocks

- [688419.CN](https://longbridge.com/en/quote/688419.CN.md)

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**