Record Backlog for Five Leading Firms
The semiconductor capex surge is still running hot. TSMC and Micron are both pushing capital spending higher to add capacity, and that has sent the combined order backlog of five major semiconductor factory engineering firms—Han-Tang, Asia Union, Marketc, Yangky, and Saint-Hui—past NT$880 billion, a fresh record.
TSMC's Fab Construction Scales Up
At a recent semiconductor exhibition, TSMC said it now has 20 wafer fabs under construction. The overall capacity build-out has expanded several times beyond prior levels, but it still cannot satisfy customer demand. And U.S. tariff policy is also pushing up demand tied to manufacturing construction in America.
Company-Specific Order and Performance Highlights
Asia Union has the biggest backlog, at NT$440.073 billion. Chairman Yao Tzu-hsiang said the company has won cumulative turnkey projects in Singapore worth as much as NT$600 billion over the past four years, and more new contracts are likely. Han-Tang's order backlog is about NT$193.937 billion, also a record, helped by continuing fab construction from TSMC and Micron. Marketc's backlog climbed to NT$135.1 billion. Another all-time high. Chairman Kao Hsin-ming said order visibility stretches at least to 2028, while clients are already mapping out projects for 2029 and 2030. Marketc has lined up materials, manpower, and local construction teams to back clients expanding at the same time in Taiwan, Arizona (USA), Japan, and Germany. It is also putting money into CoPoS technology development. Saint-Hui's backlog is above NT$60 billion, with Taiwan contributing 68% and semiconductor orders accounting for 63%. Its first-half net profit after tax came in at NT$2.944 billion, and EPS reached NT$23.73. Both were record highs. Yangky posted first-half net profit of NT$2.317 billion, EPS of NT$17.46, and a backlog of about NT$51.77 billion, with order visibility running through the end of 2027.