Yoke Technology(002409)2023-06-13 08:48Market Outlook - The domestic market for precursor materials has significant growth potential, driven by demand from major semiconductor manufacturers such as Samsung, Hynix, and Intel, with a combined monthly demand that is substantial [1] - The Yixing factory is expected to begin commercial production in Q4 2023, which will enhance local supply and reduce lead times for domestic semiconductor manufacturers [2] AI Market Impact - The development of the AI market is anticipated to drive a rapid increase in demand for high-performance DRAM, benefiting the semiconductor manufacturing industry [2] - The company is optimistic about expanding its market share in precursor materials due to the growth in AI-related chip production [2] LNG Market Potential - The LNG storage tank market is projected to reach approximately 40-50 billion by 2030, indicating a substantial market opportunity for the company [2] - The company is actively engaged in the Beijing gas project, with many inquiries from potential clients regarding pricing and design [2] Semiconductor Material Development - The upcoming year is critical for semiconductor material technology iteration, which is expected to lead to product volume growth and new product development opportunities [3] - The company is investing in R&D for new precursor materials to align with client needs and technological advancements [3] Production Capacity and Economic Viability - The company is expanding its production capabilities for transparent adhesives and is leveraging existing equipment to enhance production efficiency [3] - The economic viability of photoresists is crucial, as stability in yield rates is essential for chip manufacturers [3] Storage Chip Market Conditions - The storage chip industry is currently experiencing low operating rates and prices, but there are signs of recovery, with prices beginning to rise [4] - The company has been proactive in R&D for new products to meet client demands, ensuring timely supply of precursor materials [4]