Yageo completes board overhaul, appoints industry and policy heavyweights

Yageo Corporation, a leading manufacturer of advanced process micro-contamination control (AMC) filters, has successfully concluded its shareholder meeting by electing a new board of directors. The newly formed 10-member board, comprising six regular directors and four independent directors, includes prominent figures from industry, government, and academia.

The company's management team stated that this diverse and professional "world-class board" will guide Yageo with the highest standards of corporate governance. Their objective is to steer the company toward the international stage, solidify its leading position as a "purest advanced process clean solution provider," and generate long-term shareholder value.

The newly elected independent directors bring substantial expertise. They include Ting Ke-hua, former chairperson of Taiwan's Financial Supervisory Commission and the Taipei Exchange; Li Chia-pin, current chairman of Asia Pacific Advantage and former executive general manager of Unimicron Technology; Tang Ming-che, president of Chang Gung University and former vice president of National Taiwan University; and Hsu Tzu-mei, former chairperson of Taiwan Business Bank and former director-general of the Taipei National Tax Administration. Their collective experience spans capital markets, technology manufacturing operations, corporate strategy, and financial compliance.

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Benefiting from the expansion wave of AI and 2-nanometer advanced processes, the demand for micro-pollution control (AMC) has grown rapidly, driving Yageo's revenue to a record high in May, and customer demand remains strong.

Yageo's six regular directors include Chairman and General Manager Chuang Shih-chieh, who holds a Master's degree in Materials Engineering from the University of Toronto. Also on the board are operational vice president Chuang Shih-hsien from the Yageo family and core management team, and Chief Sustainability Officer Chang Hsin-yin, responsible for circular economy and carbon-neutral products, ensuring seamless integration of operational execution and ESG strategies.

To bolster its position in the global semiconductor supply chain, Yageo has also appointed three influential figures from the industry and policy sectors. Shen Jong-chin, a current advisor to the Presidential Office and former Vice Premier and Minister of Economic Affairs, brings strategic insights into Taiwan's industrial development and global supply chain. Left Ta-chuan, former senior vice president at TSMC overseeing IT and risk management, is expected to contribute expertise in yield management and IT risk control from a leading foundry. Cho Ming-chin, former head of business development for TSMC's European and Japanese subsidiaries, will be instrumental in driving Yageo's "Glocal" (Global-Local) strategy with his overseas expansion experience.

Chairman and General Manager Chuang Shih-chieh highlighted the growing demand for AMC filters driven by AI and 2-nanometer process expansions, which led Yageo's revenue to a record high in May, with customer demand remaining strong. He expressed the company's commitment to aligning with global wafer fab expansions, deepening customer collaborations, and balancing profit growth with shareholder interests. Yageo also plans to actively promote the circular economy and reward shareholders with substantial dividends, aiming to become an indispensable green moat in advanced semiconductor processes and expand into high-end liquid filtration.

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We expect that on the starting point of the industry's long-term growth, we will continue to cooperate with the global wafer fab layout, deepen customer cooperation, and balance profit growth while taking care of shareholder rights, and actively promote the circular economy to give back to shareholders with actual results.