Elite Material (2383 TT), a maker of copper-clad laminates, expects to supply half the core laminate used in ABF substrates for MediaTek’s TPU v8 program for Google ($GOOGL), according to Goldman Sachs. The company said on its Oct. 29 earnings call that tight supplies from Japanese material makers were prompting customers to accelerate qualification of a second source. Elite Material expects to begin shipments in 2027. The company expects gross margins of at least 50% on the substrate material, compared with more than 65% for the market leader, according to Goldman. Elite Material is also working with several customers on qualification projects for high-end ABF substrate materials. Goldman says shipments from those projects are expected to begin in Q4 2027. The company plans to add capacity ahead of customer demand. That capacity could also be used to make M9, M10 and M11 circuit-board laminates if substrate demand does not fully absorb it, according to Goldman.