V5 Technologies calls advanced packaging a 'hard requirement,' posting NT$273M record July revenue and NT$1.4B 1H2026 sales, up nearly 10x from 2022.
Why Does V5 Technologies Call Advanced Packaging a 'Hard Requirement'?
Chairman Lin Kun-hsi says advanced packaging is a hard requirement that technology must solve for economic-yield reasons, not an optional upgradeCITE:E6. He made the remark as V5 Technologies (倍利科) reported its financial results, framing the company's inspection and measurement business as sitting on top of a structurally expanding market. Mordor Intelligence projects the global advanced-packaging market will grow from US$34.8 billion in 2025 to US$48 billion by 2030, driven by AI and high-performance computing demandCITE:E12.
What Technical Moat Underpins V5 Technologies' Inspection Systems?
V5 Technologies built its edge on more than 2 billion accumulated semiconductor defect images paired with proprietary AI deep-learning algorithmsCITE:E11. The company reported research and development spending of NT$154,101 for the first half of 2026CITE:E5.
How Do V5 Technologies' Products Penetrate the Advanced-Packaging Supply Chain?
V5 Technologies' two flagship products, the Auto OM high-end automated optical inspection and measurement system and the AI ADC image-data analysis system, target this inspection gapCITE:E13. The company said its products have entered the supply chains of leading domestic and international wafer foundries and advanced-packaging makers, reaching volume production across multiple process and inspection stations with what it described as high customer stickinessCITE:E17. In the first half of 2026, 67.78% of revenue came from foundry customers and 31.67% from OSAT (outsourced assembly and test) customersCITE:E3.
How Fast Has V5 Technologies' Revenue and Profit Grown?
V5 Technologies posted record revenue and profit across multiple periods spanning 2025 and 2026.
| Period | Figure | Change | Note |
|---|
| July 2026 (single month) | NT$273 million | +7.78% MoM, +63.4% YoY | Historic monthly highCITE:E7 |
| 1H 2026 revenue | NT$1.4 billion | Up nearly 10x vs. 1H 2022's roughly NT$130 million | CITE:E1 |
| 1H 2026 EPS | NT$10.12 | — | Historic highCITE:E2 |
| FY2025 revenue | NT$2.075 billion | +187.82% YoY | CITE:E10CITE:E16 |
The company attributed the July surge to global AI chip demand and major packaging players' aggressive expansion of CoWoS capacityCITE:E7.
Why Is V5 Technologies' Customer Mix Shifting Toward OSATs?
Foundries supplied 67.78% of first-half 2026 revenue versus 31.67% from OSATs, a gap Lin expects to narrowCITE:E3. Lin said OSAT growth is outpacing foundry growth and that the two customer segments could move toward an even split next yearCITE:E4. He linked this shift to his broader view that advanced packaging is a hard requirement being adopted to address economic-yield problems across the supply chain, not just at foundriesCITE:E6.
What New Growth Curves Is V5 Technologies Building Beyond Inspection?
V5 Technologies is expanding into CPO (co-packaged optics) equipment and smart healthcare alongside its core inspection business. Lin said the company entered the CPO equipment supply chain early, with silicon photonics now one product application undergoing customer validation while the underlying technology remains in development and validation stagesCITE:E8. He described the company's strategy as a dual-track approach: smart manufacturing as the operating core, continuing to deepen the semiconductor inspection and measurement business, alongside a smart-healthcare push as a second growth curveCITE:E14.
What Milestone and Target Did V5 Technologies Set Around Its Listing?
V5 Technologies (stock code 7822) held a pre-listing investor briefing on March 5, 2026, ahead of a planned move to the main board in late March 2026CITE:E15. The company had said it expected to transfer to the main board by the end of March 2026CITE:E9. Following FY2025 revenue of NT$2.075 billion, up 187.82% year over year, V5 Technologies set a target of maintaining double-digit revenue growth in 2026 to set a new recordCITE:E10.
What Does This Mean?
The figures line up into a consistent picture: a 67.78%/31.67% foundry-to-OSAT revenue split that Lin expects to move toward parityCITE:E3CITE:E4, a July 2026 monthly revenue record tied explicitly to CoWoS capacity expansionCITE:E7, and an FY2025 growth rate of 187.82% followed by a 2026 target of continued double-digit growthCITE:E10CITE:E16. Read together, V5 Technologies' own numbers describe demand broadening across supply-chain nodes at the same time its core inspection and measurement business is scaling, while CPO and smart-healthcare represent stated but still-unproven extensions of that baseCITE:E8CITE:E14.