As a leader in advanced processes and the CoWoS and SoIC advanced packaging supply chain, Praise Victor Industrial (PVI) is benefited from the ongoing semiconductor expansion wave, achieving NT$1.921 billion (US$57.9 million) in revenue for 2024, representing a year-over-year increase of about 17%, with NT$230 million in net profit after tax and earnings per share at NT$4.42. Market expectations suggest that due to the continued semiconductor expansion trend, alongside orders from leading foundries, as well as contributions from PSMC’s operations in India, revenue could grow by 40-50% in 2025.