The leading professional brand for pure water and wastewater recycling systems! Mega Union was listed on the emerging stock market on April 27
Mega Union's Chairman Kuo-Ching Lin indicated that Industrial water is divided into 3 phases: ultrapure water in the beginning, process recycling water in the middle, and wastewater treatment in the end. The semiconductor industry is the most complex due to the diverse industrial processes and huge industry differences. The semiconductor industry has stringent requirements regarding the purity and stability of water produced by ultrapure water systems regarding water use. Mega Union is a first-tier supplier to leading semiconductor manufacturers and major foreign ultrapure water system manufacturers, showing that its expertise is on par with major foreign manufacturers.
As the semiconductor industry's manufacturing processes become more refined, water consumption increases, and wastewater treatment processes become more complex. As a result, the demand for customized process wastewater treatment and recycling systems has increased significantly. Mega Union remains committed to green technology development and has collaborated with leading semiconductor manufacturers to develop the most efficient treatment and recycling systems for wastewater containing different compounds. For example, the newly developed cobalt wastewater treatment and recovery system was developed to meet the needs of the semiconductor manufacturing process. We have achieved resource recycling, jointly invested in ESG projects with customers, and met environmental protection requirements from the aluminum and copper processes to the cobalt processes currently used in advanced procedures.
Mega Union is a leader in the industry in the resource recycling field. We offer professional cleaning and regeneration services for RO reverse osmosis membranes, UF ultrafiltration membranes, and other water system membranes, which can reduce waste for the environment and help customers save money. With increased production efficiency, the scale of our ion exchange resin as well as membrane regeneration and recycling has reached unprecedented levels in the industry. Mega Union has extensive service experience and established a comprehensive vertical integration and supply chain system. Aside from the challenges of design technology, one of the new thresholds has become the cost-effectiveness generated by the scale of operation and supply chain management. Mega Union already has certain economic advantages of scale in industrial water resources.
According to forecasts from the International Semiconductor Industry Association SEMI, the total global front-end wafer equipment spending for 2023 was revised due to weak chip demand and increased consumer and mobile device inventories. It is expected to rebound by 21% to NT$92 billion by 2024, back to the NT$90 billion mark. The momentum for capacity expansion in Taiwan is still strong, and it is expected to drive the growth of Mega Union. Mega Union's revenue last year (2022) was NT$10.033 billion, with earnings per share of NT$7.18. In the first three months of this year (2023), revenue has reached NT$2.213 billion, and the prospects are promising.