TAIPEI (Taiwan News) — Hon Precision Inc., the top performer on Taiwan’s over-the-counter market, is scheduled to list on the Taiwan Stock Exchange on Nov. 27.
The semiconductor test handler manufacturer has set an indicative offering price of NT$1,495 (US$48) per share, or NT$1.495 million per lot. The company’s shares averaged NT$2,415 on the OTC market on Monday, according to CNA and UDN Money.
Based on Monday’s OTC average price, investors who secure shares in the public offering could gain about NT$920,000 per lot, representing a potential 61.5% return.
Hon Precision will hold a book-building auction from Wednesday to Friday, offering 13,198 lots with a minimum bid price of NT$1,196 per share. The auction, held before the public subscription, lets investors bid for shares ahead of the company’s official listing, according to Stockfeel.
The public subscription period will follow from Nov. 17–19 for 3,299 lots, with a lottery draw on Nov. 21. Public offerings in Taiwan are typically conducted through a lottery system, enabling investors to buy shares below market prices and helping companies raise funds more efficiently.
Driven by surging demand for advanced chips used in artificial intelligence and high-performance computing, semiconductor equipment suppliers have seen strong growth. Hon Precision has emerged as a key global player in final and system-level testing, where thermal control systems are essential, according to UDN Money.
After assembly, chips undergo final and system-level testing before shipment to system manufacturers. The company’s flagship product, the IC test handler, plays a crucial role in the final quality assurance stage of chip production.
Hon Precision’s clients include major global integrated circuit design firms, packaging and testing providers, and integrated device manufacturers serving end markets such as AI computing, servers, automotive electronics, smartphones, and consumer electronics.
Financially, the company reported consolidated revenue of NT$20.1 billion for the first three quarters of 2025, with earnings per share of NT$53.54. In October, it posted a record monthly revenue of NT$2.9 billion, up 95.15% year-on-year, bringing cumulative revenue for the first 10 months to NT$23.9 billion, an annual increase of 127.15%.
