Nanya Plastics confirmed real 2026 price increases on electronic materials but denied issuing a blanket, one-time 20% hike, as cumulative gains this year topped 100% and July revenue hit a 49-month high.
What did the rumored 20% price-hike letter say, and how did Nanya respond?
Nanya Plastics acknowledged raising prices this year but disputes market reports describing a blanket, one-time 20% increase across all customers.
A price-hike letter circulating in the market and reported by United Daily News (UDN) said Nanya would raise both substrate and laminate prices by 20%, effective September 1, citing higher costs for copper foil, glass fiber cloth, and resinCITE:E1. Nanya's own statement said the price increases are real and reflect multiple rounds of cost-driven negotiations with customers this year, but that the circulated document was not the company's official notice and that it had not imposed a flat, one-time 20% increaseCITE:E2. Central News Agency (CNA) separately quoted the letter Nanya sent to customers, which stated that because copper foil, glass fiber cloth, and resin costs had continued rising and the company could no longer fully absorb the increase, it would raise both substrate and laminate prices by 20%, effective September 1CITE:E7.
What market forces are driving Nanya's price increases?
Tight supply of glass fiber cloth and copper foil, combined with strong high-frequency copper foil demand, is pushing up Nanya's electronic material prices.
Nanya said glass fiber cloth is the most severely undersupplied of its materials, with copper foil in a similar situation, a shortage that has also affected copper-clad laminate (CCL) productionCITE:E5. A Nanya executive described the current copper-clad laminate market as favorable to producers — calling it a "golden period" — and said the company adjusts prices for its electronic materials every month depending on conditions, as quoted by CNACITE:E8. On copper foil specifically, Nanya said demand for high-frequency copper foil is strong, its share of orders has increased, and processing fees have been raised across all specifications, resulting in what the company described as simultaneous increases in both price and volumeCITE:E11.
How much have Nanya's electronic material prices risen this year?
Nanya's electronic material prices have climbed more than 100% cumulatively in 2026 through multiple rounds of increases.
The company said electronic material prices have been adjusted several times so far this year, with the cumulative increase already exceeding 100%CITE:E3.
How is the pricing strategy showing up in Nanya's revenue and profit?
Nanya's July revenue and first-half earnings both point to a stronger year, with the company projecting second-half profit above its first-half result.
Nanya reported July revenue of NT$30.573 billion, up 12.7% from June and up 44.5% from a year earlier, marking the company's highest monthly revenue in 49 monthsCITE:E10. For the first half of 2026, Nanya posted earnings per share of NT$5.17, and the company said it expects second-half EPS to exceed NT$5, which would put full-year profit above one full share of capitalCITE:E6.
How did investors react to the price hike reports?
Nanya shares jumped to the daily limit at NT$207.5 on August 14 as the price hike reports circulated.
Nanya's stock closed the day at the daily limit of NT$207.5, with trading volume expanding to 153,000 lotsCITE:E4. The stock also hit its limit-up price of NT$207.5 during intraday trading, with the gains attributed to the price-hike reportsCITE:E9.
Key figures at a glance
| Metric | Value |
|---|
| Substrate/laminate price hike (per letter) | 20%, effective Sept 1CITE:E1CITE:E7 |
| Cumulative 2026 electronic material price gain | Over 100%CITE:E3 |
| July revenue | NT$30.573 billion, +12.7% MoM, +44.5% YoY, 49-month highCITE:E10 |
| First-half EPS | NT$5.17CITE:E6 |
| Stock price (Aug 14) | NT$207.5, daily limit-upCITE:E4CITE:E9 |
| Trading volume (Aug 14) | 153,000 lotsCITE:E4 |
What this means
The record contains an internal tension: CNA's quoted letter describes a flat 20% increase from September 1CITE:E7, while Nanya's own statement frames the hikes as negotiated, incremental adjustments rather than a blanket moveCITE:E2. Either way, the pricing power lines up with the company's operating results — cumulative 2026 electronic material price gains beyond 100%, July revenue at a 49-month high, and first-half EPS of NT$5.17 with a stronger second half projectedCITE:E3CITE:E10CITE:E6 — a backdrop the company attributes to tight glass fiber cloth and copper foil supply and strong high-frequency copper foil demandCITE:E5CITE:E11. Investors responded by driving the stock to its daily limit of NT$207.5 on volume of 153,000 lotsCITE:E4CITE:E9.