As part of the strategic expansion to enhance operational performance and global competitiveness, Taiwan Speciality Chemicals Corporation (TSC, TWSE: 4772) announced on June 27, 2025, that its Audit Committee and Board of Directors have approved the acquisition of 65.22% of outstanding common shares of Hung Jie Technology Corporation (Hung Jie). The total investment is approximately NT$ 3 billion, with the transaction expected to close in August 2025. Upon completion, Hung Jie will become an affiliate of Sino-American Silicon Products Inc., further strengthening TSC’s global footprint in the advanced semiconductor process supply chain. This acquisition also aims to enhance the group’s overall capabilities in supporting critical materials and processes essential to next-generation semiconductor manufacturing.
TSC, an affiliate of Sino-American Silicon Products Inc. (SAS, TWSE: 5483), is a leading manufacturer specializing in electronic graded specialty gases and chemical materials for the semiconductor industry with supplying key materials integral to advanced semiconductor manufacturing processes, including chemical vapor deposition (CVD), etching, and cleaning applications. Renowned for our technical expertise and product quality, TSC has established strong partnerships with major global semiconductor foundries and advanced process technology leaders.
TSC aims at strengthening vertical integration and enhancing services over key supply chains through a targeted acquisition. This move positions the SAS Group and TSC to respond more effectively to growing global demand for advanced materials and services driven by next-generation chip technologies and aims to reinforce competitive position and support the sustainable growth of the global semiconductor ecosystem.
Hung Jie Technology Corporation, founded in the year of 2008, is a specialized provider of ultra-high purity (UHP) cleaning and inspection services for advanced semiconductor equipment components, with additional expertise in precision surface processing, coating technologies, and component refurbishment. Hung Jie operates facilities in Hsinchu and Tainan and has established a subsidiary in Nanjing, China to support its regional industry expansion. Over the years, Hung Jie has demonstrated consistent growth in operational scale and maintained stable profitability. Its service portfolio spans a wide spectrum of high-end equipment platforms, serving multiple globally recognized OEMs. The company has earned strong endorsement from leading domestic semiconductor manufacturers and plays a critical role in the advanced semiconductor process supply chain.
With an unwavering focus on quality and innovation, Hung Jie is committed to delivering value-added services that align with international standards. Its corporate vision and operational philosophy are closely aligned with those of TSC, reinforcing synergies in both strategic direction and long-term growth objectives.
This acquisition carries significant strategic value, as the services offered by Hung Jie are highly complementary to TSC’s existing product portfolio, with partial customer overlap between the two entities. Upon completion, the transaction is expected to enhance TSC’s overall offerings by integrating specialty gas products with equipment-related services in a dual-engine growth strategy. This alignment is poised to accelerate revenue expansion and mitigate operational risks.
Driven by the rapid advancement of applications in AI, high-performance computing (HPC), 5G, and the Internet of Things (IoT), TSC is not only positioned to grow in tandem with our customers and the broader market but also to strengthen our management team through the integration of Hung Jie’s capabilities. Both companies will leverage their respective resources to pursue new business opportunities and penetrate international markets.
The transaction is being driven forward through a collaboration between TSC and AB Value Capital Partners (AB Value). AB Value has expressed that Hung Jie is one of the key investments under its AnShin Fund I, and they are honored to facilitate this strategic merger with the SAS Group. AB Value believes that, with the support and resources integration from SAS, Hung Jie will not only be able to continue its expertise and service capabilities in the semiconductor equipment cleaning sector, but will also further leverage synergies, creating greater value and long-term growth potential for the group. Yuanta Securities serves as the exclusive financial advisor to TSC, offering comprehensive support on transaction structuring and execution. This strategically significant collaboration will enhance the Group’s ability to support critical needs in advanced semiconductor manufacturing processes, particularly in AI, advanced packaging, and HPC-driven sectors—ultimately boosting overall corporate value, long-term growth potential, and reinforcing the SAS Group’s competitiveness in the global semiconductor supply chain.
