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The latest announcement is out from RS Technologies Co. Ltd. ( (JP:3445) ).
RS Technologies Co., Ltd. reported increased sales in its Wafer Reclaimed Business for the first quarter of FY2025, despite a slight decline in operating profit margin due to higher cost ratios of sales wafers. The company is expanding production capacity at its Sanbongi and Taiwan plants to meet strong demand. In the Prime Wafer Business, operating margins improved due to better production efficiency and increased sales of high-margin silicon components. RS Technologies is also preparing for capital investment to expand its 8-inch wafer production in China, despite the market’s gradual shift to 12-inch wafers. The company is advancing its 12-inch prime wafer business by acquiring certifications and increasing its share in its subsidiary SGRS to strengthen competitiveness. Additionally, RS Technologies is establishing its first manufacturing base in China for vanadium redox flow batteries to tap into the rapidly growing market.
More about RS Technologies Co. Ltd.
RS Technologies Co., Ltd. operates in the semiconductor industry, focusing on the production and sale of reclaimed and prime wafers. The company is involved in the manufacturing of power semiconductors and is expanding its production capacity in response to growing demand, particularly in China.
Average Trading Volume: 120,936
Technical Sentiment Signal: Sell
Current Market Cap: Yen75.77B
Learn more about 3445 stock on TipRanks’ Stock Analysis page.