Business
We specialize in the manufacturing and distribution of advanced production equipment for semiconductors and other electronic components.While the semiconductor manufacturing equipment industry is populated by numerous providers of silicon-based solutions, our organization focuses exclusively on the high-growth compound semiconductor sector. Although this niche currently represents a specialized segment of the global market, we are dedicated to advancing the frontier of next-generation materials, including Gallium Nitride (GaN), Gallium Arsenide (GaAs), and Silicon Carbide (SiC).
Since our founding in September 1979, we have remained steadfast in our commitment to advancing material innovation and pioneering thin-film process technologies.
Compound semiconductors possess superior characteristics not found in silicon, and the applications for their thin-film properties hold infinite potential for the future in fields such as environmental technology and healthcare.
A global leader in niche markets.
Demonstrating our longstanding commitment to global markets, our very first product was sold to the United States. Since then, we have aggressively expanded our international presence, beginning with the 1987 establishment of a research laboratory in Silicon Valley, followed by the development of a robust sales network across Asia and the 2014 acquisition of UCP in Liechtenstein, Europe.
With a prestigious global clientele comprising leading universities and blue-chip corporations, we currently derive approximately 40% of our revenue from international markets and are strategically committed to further expanding our global footprint.

Leveraging advanced engineering capabilities to develop high-volume production equipment.
Since its inception, our company has consistently evolved as a research and development-driven enterprise.
Processing compound semiconductors presents significant challenges, and the manufacturing of equipment for this purpose requires a high degree of specialized expertise and accumulated technology, representing a business with substantial barriers to entry.
In recent years, we have been transitioning our business model from a primary focus on research and development to a focus on large-scale production applications.
Our equipment plays a pivotal role in the manufacturing of Nobel Prize-winning LED technologies, as well as high-frequency filters and laser diodes for smartphones. Today, our strategic focus on production applications is reflected in this segment's contribution of over 50% to our total revenue.
In 2021, we launched the Cluster H™ cluster tool system, a sophisticated platform capable of integrating multiple process modules specifically designed for the etching phase of electronic device manufacturing.

High-Value Added Management
We operate as a fab-lite company, outsourcing a significant portion of our equipment manufacturing processes to a network of strategic partners.
Our personnel are directly involved in the installation of control software prior to shipment, equipment and performance inspections, and subsequent sales and service.
Our R&D initiatives encompass the design and engineering of advanced hardware systems, alongside the development of sophisticated process technologies and fundamental research.
Through our direct sales model, we address customer needs by integrating advanced hardware and software solutions, delivering exceptional value and driving high-performance management through total customer satisfaction.
Robust financial structure driven by a high equity ratio.
Maintaining a debt-free operation, we boast a robust equity ratio of 75.3% as of July 31, 2023.

