Hon Precision upbeat about its growth

Hon Precision Industry Inc (鴻勁精密) said it is upbeat about the growth prospects for the next one-and-a-half years, denying reports that the artificial intelligence (AI) boom would not last long, given weakening demand for advanced packaging technology used in the manufacturing process of AI chips.

Hon Precision primarily supplies test handlers used in the advanced packaging of chip-on-wafer-on-substrate (CoWoS) equipment. Nvidia Corp uses most of the CoWoS packaging capacity built by contract chipmaker Taiwan Semiconductor Manufacturing Co (台積電) to build its AI chips.

A test handler automates semiconductor device handling, testing, and sorting. They are essential for efficient and accurate final testing and packaging processes.

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