HanTest (漢測) reported NT$2.668 billion in cumulative revenue for January–July 2026, up 128.18% year-on-year and already exceeding its entire 2025 revenue of NT$2.425 billion, as the company prepares for a late-September 2026 Taipei Exchange listing built on expansion into memory testing, advanced packaging, and silicon photonics.
How Much Did HanTest's Revenue Grow Ahead of Its TPEx Listing?
HanTest (漢測) generated NT$2.668 billion in cumulative revenue for January–July 2026, up 128.18% year-on-year, a figure that already exceeds its full-year 2025 revenue of NT$2.425 billionCITE:E4CITE:E9. The company held a pre-listing investor briefing on August 26, 2026, ahead of a planned Taipei Exchange (TPEx) listing in late September 2026CITE:E1CITE:E2. Founded in September 2004 and headquartered in Hsinchu City, HanTest currently holds paid-in capital of NT$272 millionCITE:E10. Its revenue compound annual growth rate (CAGR) stands at approximately 33%CITE:E12.
| Period | Revenue | Note |
|---|
| 2024 | — | Gross margin 36.23% |
| 2025 (full year) | NT$2.425 billion | Gross margin 42.10% |
| H1 2026 (Jan–Jun) | NT$2.185 billion | Already ~90% of 2025 full-year revenue; gross margin 54.88% |
| Jan–Jul 2026 | NT$2.668 billion | Up 128.18% YoY; exceeds full-year 2025 |
HanTest's first-half 2026 revenue of NT$2.185 billion alone reached about 90% of its entire 2025 revenueCITE:E13. Gross margin rose from 36.23% in 2024 to 42.10% in 2025, then to a record 54.88% in the first half of 2026CITE:E14.
What Are HanTest's Three Core Businesses and New-Market Strategy?
HanTest built its business on three core lines: probe cards and cleaning materials, test equipment engineering services, and semiconductor equipment and customized productsCITE:E5. The company is expanding into three new markets: high-speed memory system-level test (SLT), advanced packaging equipment, and silicon photonics testingCITE:E3.
How Is HanTest Expanding in the Global Memory Testing Market?
HanTest expects to complete client-side validation of its high-speed memory SLT test sockets next year, a step it says will help it avoid direct price competition with peersCITE:E18. On the service side, the company established subsidiaries in Singapore and Malaysia at the end of 2025 to serve local memory manufacturer customersCITE:E18. Starting in October 2026, HanTest's team will also travel to the northwestern United States to support a large customer's memory tester installation and maintenance, under a contract running through 2030CITE:E19.
What Progress Has HanTest Made in Advanced Packaging and Silicon Photonics Testing?
HanTest's reflow equipment for advanced packaging has already been installed at a major OSAT customer and has secured a purchase order (PO)CITE:E20. The company expects its silicon photonics testing solutions to begin contributing revenue next yearCITE:E7. Its self-developed thin-film probe card for silicon photonics shipped in April 2026 and was sent as samples to a U.S. silicon-photonics optical-to-electrical IC customer for validation in August 2026, putting HanTest in direct competition with a major global supplier referred to as Company FCITE:E21.
What New Growth Opportunities Come From Thermal Management and Engineering Services?
HanTest's thermal management products, driven by rising demand for high-power-chip testing, are expected to see revenue double next yearCITE:E6. In one case, the company completed development and validation of a high-power thermal management system within two months and shipped more than 60 units in the fourth quarterCITE:E17. HanTest's engineering services team numbers more than 340 people, which the company describes as the largest such team in TaiwanCITE:E15.
What Underpins HanTest's Global Operations, Talent Growth, and Technology Edge?
HanTest has built service locations beyond Taiwan in China, Japan, Singapore, Malaysia, and the United StatesCITE:E8, with global operating sites spanning Taiwan, Suzhou in China, Japan, Singapore, Malaysia, and Phoenix and Oregon in the United StatesCITE:E22. Its headcount grew from 430 employees at the end of 2025 to 570 by July 2026CITE:E11. HanTest states it is the only company in Taiwan with in-house R&D capability for thin-film probe cardsCITE:E16.
Taken together, the cited figures show HanTest's revenue growth, margin expansion, and headcount increase occurring in the same window as its push into the three new markets: SLT memory testing sockets are still pending client validation, silicon photonics testing is not yet revenue-generating but has passed a shipment-and-sample-validation stage with a U.S. customer, and advanced packaging reflow equipment has already converted to an installed, purchase-ordered product at an OSAT customerCITE:E18CITE:E21CITE:E20.