China Wafer Level CSP expands overseas, hedges currency risk

Suzhou Crystal-Optech Semiconductor Technology Co., Ltd. (China Wafer Level CSP) is advancing its global strategy with an overseas expansion and a new forward foreign exchange settlement plan. The company's subsidiary, WaferTek Solutions Sdn. Bhd., established in Malaysia, is progressing with the construction of its overseas production base. Land acquisition and facility handover are complete, with construction and equipment selection underway.

Additionally, WaferWise Semiconductor Sdn. Bhd. is being established in Malaysia with an optimized investment of MYR 150 million, involving multiple shareholders including Malaysia-based investors, WaferWise core team, China Wafer Level CSP (19.9%), and chief executive officer Wang Wei (22.1%). This investment constitutes a related-party transaction due to Mr. Wang Wei's involvement.

In parallel with its international expansion, China Wafer Level CSP plans to engage in forward foreign exchange settlement transactions. For 2026, the company intends to conduct forward settlement transactions totaling no more than $80 million. This initiative aims to mitigate the impact of exchange rate fluctuations on the company’s profits, aligning with its export-heavy business model. The company's board approved this measure on December 26, 2025, pending shareholder approval.