[Taiwan’s Weekly Standout #
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Taiwan Glass (1802 TT) reported a 56.5% jump in October revenue to NT$5.57 billion, citing stronger glass-fabric demand from AI and other smart technologies. Its shares rose 47.2% between the Nov. 6 and Nov. 13 closes.
The company makes glass yarn and fabric used in electronic materials. Two product families connect it to AI hardware.
Low-DK glass fabric helps reduce signal loss in high-speed circuit boards. Low-CTE glass fabric limits thermal expansion in chip-package substrates, helping reduce warping as the chip and substrate expand by different amounts when heated.
We estimates that October revenue from high-end glass fabric rose about 14% to 17% from September.
The two product families are ramping at different speeds. Low-CTE shipments began in small volumes in late 2025 and have increased substantially since early 2026. Low-DK2 is expected to contribute more revenue than Low-CTE in 2027, with Low-CTE narrowing the gap as new capacity comes online in the second half of 2027 and 2028.
On Nov. 2, Chairman Lin Po-feng said high-end glass-fabric supply was still falling short of demand. Taiwan Glass is targeting 2027 completion and production for its third expansion phase and has launched a fourth, according to Economic Daily News.
Our read is that Low-DK2 shipments for high-speed circuit boards matter more to near-term growth, while Low-CTE for package substrates offers a longer ramp.