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Win Semiconductors Corp

3105: ROCO (TWN)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
TWD 783.00VddhswgXnwyshpcp

Win Semi Enjoys Higher Visibility in Data Center, Automotive, and Satellite Growth

Business Strategy and Outlook

Win Semiconductors, or Win Semi, intends to secure its leadership in RF contract manufacturing by expanding capacity, developing GaAs improvements, selling new materials and exploring applications. It boasts more than 70% market share in GaAs foundries, with the next two largest peers at 10%-15% combined. The company has been successful in reducing reliance on mobile products, currently making up less than 40% of the business. Base stations and other infrastructure products make up the second-largest group.

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