Fanon, a facilities engineering firm, disclosed record June, Q2, and H1 revenue performance, with its in-hand order value reaching a historical high of 134.7 billion yuan. This robust order intake is attributed to the company's smooth deployment in advanced packaging, supported by TSMC CoWoS and Micron HBM capacity expansion.
AI infrastructure buildout is driving record demand for specialized facilities engineering, indicating sustained capital expenditure in advanced packaging and memory.