Formosa Sumco Technology Corp
TWSE:3532
Formosa Sumco Technology Corp's latest stock split occurred on Sep 13, 2018
The company executed a 1-for-2 stock split, meaning that for every 2 shares held, investors received 1 new share.
Before the split, Formosa Sumco Technology Corp traded at 39.65 per share. Afterward, the share price was about 143.1691.
The adjusted shares began trading on Sep 13, 2018. This was Formosa Sumco Technology Corp's 4th stock split, following the previous one in Jul 15, 2009.
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Formosa Sumco Technology Corp
Glance View
Formosa Sumco Technology Corp., a dynamic player in the semiconductor industry, epitomizes the intricate dance between innovation and precision. Born from a joint venture between Formosa Plastics Group of Taiwan and Japan's Sumco Corporation, the company seamlessly merges Taiwanese industrial prowess with Japanese technological expertise. This blend has fortified its position as a leading silicon wafer manufacturer, supplying the critical foundation upon which the semiconductor industry's innovations are built. Silicon wafers are essential for fabricating integrated circuits, the brains behind almost every electronic device we use today. The advent of advanced electronics, requiring smaller yet more powerful chips, has further cemented the company's role as these wafers are indispensable for producing such semiconductors. The company's financial health thrives on the global demand for high-quality wafers, driven by the booming electronics market and the continual evolution of technologies such as artificial intelligence, the Internet of Things, and 5G networks. Formosa Sumco's competitive edge lies in its ability to produce wafers of varying diameters, consistently meeting the stringent quality standards required by its clients, which range from major tech giants to emerging electronics companies. By continually investing in research and development, the company not only enhances its manufacturing processes but also anticipates future market needs, maintaining its status as an indispensable supplier in the semiconductor supply chain. This strategic foresight ensures steady revenue streams as technology progresses and global demand for semiconductors continues its inexorable climb.
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