Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
An update from RS Technologies Co. Ltd. ( (JP:3445) ) is now available.
RS Technologies’ Chinese subsidiary GRINM Semiconductor Material Co., Ltd. will establish a wholly owned unit, Guojing Semiconductor Materials (Baotou) Co., Ltd., in Inner Mongolia in April 2026. The new company, capitalized at RMB 400 million, will focus on manufacturing and selling single-crystal silicon and large-diameter single-crystal silicon.
The Baotou plant will produce single crystals for silicon wafers and large-diameter crystals used as consumable parts in semiconductor etching equipment. By collaborating closely with GRITEK and leveraging lower utility costs in Baotou compared with Beijing and Dezhou, RS Technologies aims to expand production capacity in China and strengthen its cost competitiveness in the prime wafer market, with detailed investment and business plans to be disclosed later.
The most recent analyst rating on (JP:3445) stock is a Buy with a Yen4584.00 price target. To see the full list of analyst forecasts on RS Technologies Co. Ltd. stock, see the JP:3445 Stock Forecast page.
More about RS Technologies Co. Ltd.
RS Technologies Co., Ltd. operates in the semiconductor materials industry, focusing on silicon wafers and related products for chip manufacturing. Through its consolidated Chinese subsidiary GRINM Semiconductor Material Co., Ltd. (GRITEK), the group manufactures and sells silicon wafers, CZ and FZ ingots, and develops associated technologies to serve the growing semiconductor supply chain in China and abroad.
Average Trading Volume: 149,821
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen111.6B
For a thorough assessment of 3445 stock, go to TipRanks’ Stock Analysis page.