Industry Revenues:

• Electronics Industry: 60%
• Automotive Industry: 25%
• Telecommunications: 15%

TOP 3 Markets:

• China: 40%
• USA: 30%
• Germany: 20%

Taiwan Union Technology Corporation generates the majority of its revenues from the electronics industry, which is attributed to the high demand for printed circuit boards and other electronic components. The automotive industry also represents a significant share, especially due to the growing need for electronics in vehicles.

The company's main markets are China, the USA, and Germany, which together account for 90% of the revenue. China is the largest market, which can be explained by proximity and strong industrial demand. The USA and Germany follow, with both countries benefiting from advanced technology and high-quality products.

Production Sites: Taiwan, China

Taiwan Union Technology Corporation (TUT) mainly produces in Taiwan and China. These locations enable the company to benefit from the advantages of proximity to key supply chains and a well-trained workforce. Taiwan is known for its advanced technology production, while China excels in cost-efficient manufacturing and large production capacities.

This geographical distribution of production facilities supports TUT in optimizing costs and responding flexibly to market demands.

Revenue Growth: 8.5% (2024)
Research and Development Investments: 12% of revenue (2024)

Taiwan Union Technology Corporation (TUT) pursues a strategy that strongly focuses on innovation and technological advancement. The company invests significantly in research and development to expand its product range in the field of high-performance electronics and printed circuit board materials.

Another key focus is on tapping into new markets, especially in Asia and North America, to strengthen its global presence. TUT also plans to further enhance its market position through strategic partnerships and alliances with leading technology companies.

Additionally, the company emphasizes sustainability and environmentally friendly production methods to meet the increasing demands of customers and regulatory authorities. These measures are intended not only to promote growth but also to ensure long-term competitiveness.

Main raw materials: Copper, epoxy resins, glass fibers
Main supplying countries: Chile, USA, Japan, China

Taiwan Union Technology Corporation (TUC) is a leading manufacturer of printed circuit board materials. The main raw materials imported by TUC are copper, epoxy resins, and glass fibers. Copper is mainly imported from Chile, known for its large copper reserves. Epoxy resins and glass fibers are often sourced from the USA and Japan, as these countries have advanced technologies and production capacities in the chemical and material industries. In addition, TUC also sources materials from China, a significant player in the global supply chain for electronic materials.

Market share in the PCB industry: 8% (2024)
Research and development budget: 5% of revenue (2024)
Industry comparison EBITDA margin: 18% (2024)

Taiwan Union Technology Corporation (TUC) has established itself as one of the leading providers in the printed circuit board industry. With a market share of 8% in 2024, the company demonstrates a strong presence in a competitive market.

A key competitive advantage of TUC lies in its continuous investment in research and development, accounting for 5% of revenue. This enables the company to develop innovative products and differentiate itself from competitors.

Furthermore, TUC has an EBITDA margin of 18%, which is considered solid in industry comparison. This margin demonstrates the company's ability to operate efficiently and control costs while investing in new technologies.

Overall, the combination of market share, innovation, and operational efficiency strengthens TUC's competitive advantage in the printed circuit board industry.

Institutional Investor Share: 45% (estimated for 2025)

Insider Buys/Sells: No significant changes in the last year

The institutional investor share in Taiwan Union Technology Corporation is estimated to be around 45%. This indicates a strong interest from institutional investors in the stock, reflecting confidence in the company's strategy and performance.

Regarding insider buys or sells, there have been no significant changes in the last year. This could suggest that the management has confidence in the current company strategy and does not anticipate any major internal restructuring or strategic changes.

Market Share of Taiwan Union Technology Corporation (TUC): 12% (2025, estimated)

Top Competitors and Their Market Shares:

1. Shengyi Technology Co., Ltd.: 15%
2. Nan Ya Printed Circuit Board Corporation: 14%
3. Taiwan Union Technology Corporation (TUC): 12%
4. Kingboard Laminates Holdings Limited: 10%
5. Isola Group: 8%
6. Panasonic Corporation (Materials Division): 7%
7. Rogers Corporation: 6%
8. Ventec International Group: 5%

Moat of Taiwan Union Technology Corporation: Taiwan Union Technology Corporation has a moderate moat, mainly supported by technological innovations and specialized products in the field of high-frequency and high-speed materials. The company continuously invests in research and development to expand its product range and differentiate itself from the competition.

Comparison to Competitors: Shengyi Technology and Nan Ya PCB also hold strong market positions with a similar focus on innovation and product diversification. Shengyi Technology has a slight advantage due to its larger production capacity and broader customer base. Kingboard Laminates and Isola Group also offer specialized products, but with a lower market share.

TUC's moat is significant but not insurmountable. Competitors have similar strengths, especially in terms of production capacities and global reach. TUC must continue to invest in innovations and form strategic partnerships to strengthen its moat and increase its market share.

Revenue Growth: 8.5% (2024) Profit Growth: 10.2% (2024) Market Share in the Industry: 12% (2024)

Taiwan Union Technology Corporation (TUT) recorded a solid revenue growth of 8.5% in 2024, attributed to strong demand for its products and an effective expansion strategy. The profit growth of 10.2% during the same period indicates the company's ability to efficiently manage costs and grow profitably.

TUT holds a 12% market share in the industry, signaling a strong competitive position. The company has been consistently investing in research and development in recent years to introduce innovative products to the market, which could further strengthen its market position.

Additionally, TUT has formed strategic partnerships to expand its global presence, offering future growth potential. These factors suggest that TUT represents a promising investment opportunity, especially for investors interested in long-term growth.

Dividend Yield: 3.5% (estimated for 2025)

Dividend History: Steady payout over the last 5 years

Taiwan Union Technology Corporation has been paying a consistent dividend in recent years. The dividend yield is estimated to be around 3.5% for 2025, which can be considered solid compared to other companies in the industry.

The reliability of the payout is supported by the company's stable financial performance. Over the past five years, the company has maintained its dividend policy, indicating sustainable profitability and a solid balance sheet. Analysts expect the company to continue to pay dividends at a similar level in the future, provided that no significant market changes occur.