Tex Year Industries Inc. is expanding into new applications in the AI and optoelectronics sectors, expecting specialty adhesives and materials for these fields to ramp up this year and drive revenue growth.​
 

Tex Year Industries Inc. recently noted at an investor conference that its deployment in high-end application areas is becoming increasingly complete, and it expects to begin gradually reaping the profits this year. For PCBA-specific curing conformal coatings used in AI servers, UPS uninterruptible power systems, and BBU backup battery modules, as well as PCBA-grade flame-retardant, halogen-free hot-melt adhesives, the Company is optimistic that its technology can ride the growth in AI server demand and continue expanding applications.
 

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In the EV (new energy vehicle) application segment, Tex Year’s products have obtained IATF 16949 certification and have already begun shipping. Shipments of other specialty chemicals—such as modified silane, specialty HEPA filter materials, and specialty hot-melt adhesives—are also continuing to increase.
 

In the drone segment, the products are mainly used in lens modules and PCBA circuit boards, including multi-cure UV adhesives, PCBA-specific UV conformal coatings, PCBA-grade UV flame-retardant, halogen-free hot-melt adhesives. For smartphones, the Company has introduced a new UV temporary fixing dicing adhesive, primarily used for smartphone glass cutting.
 

The Company also noted that its new products are further entering Mini LED display panel applications. It has launched a reworkable, UV-curable Mini LED encapsulant, which has been well received by manufacturers. The UV adhesives and specialty chemicals it has developed are already widely used in LCD display panels—from small panels to large-size panels and even automotive display panels—with a relatively high penetration rate. As the Company moves into Mini LED panels, it is highly optimistic about growth, expecting the market’s compound annual growth rate (CAGR) to exceed 36%.
 

Looking ahead to 2026, Tex Year said it expects to return to a growth track this year. Hot-melt adhesives in Taiwan still have room for modest growth, and the Company is optimistic that its high-end application deployment will gradually gain momentum and contribute more meaningfully. In addition, demand in the ASEAN market remains strong, and the Company is planning to build a second plant in Vietnam. Meanwhile, its second plant in India has officially entered mass production; with India’s domestic demand rising rapidly, revenue growth is expected this year.
 

In the first three quarters of 2025, Tex Year posted consolidated revenue of NT$2.656 billion, down 2% year-on-year; net profit after tax was NT$62.97 million, down 52% year-on-year, with EPS of NT$0.55. By product mix, hot-melt adhesives accounted for 74% of revenue, specialty chemicals 16% (up 1 percentage point year-on-year), and other products 10%. The Company said that hot-melt adhesive revenue declined slightly due to tariffs and competition from other products, while specialty chemicals increased against the trend, with growth reaching 28%.


Economic Daily News, Reporter JEN, CHUN-HSIANG / Taipei
https://money.udn.com/money/story/5710/9239441