WIN SEMICONDUCTORS Business Summary

WIN Semiconductors Corp. operates as the global leader in the pure-play compound semiconductor foundry market, generating revenue through the high-volume fabrication of Gallium Arsenide (GaAs), Gallium Nitride (GaN), and Silicon Carbide (SiC) wafers for fabless design houses and integrated device manufacturers (IDMs). The company’s primary business segments include mobile RF front-end modules (HBT/pHEMT) for 5G/6G smartphones, Wi-Fi 7 connectivity solutions, and an increasingly vital optoelectronics division specializing in VCSEL and photodiode (PD) technologies for AI data centers and 3D sensing. As of February 2026, WIN Semiconductors maintains a dominant market share exceeding 50% in the GaAs foundry sector, positioning itself as a critical infrastructure provider for Low Earth Orbit (LEO) satellite communications and AI-driven optical interconnects. It holds a superior market position relative to direct foundry competitors such as Global Communication Semiconductors (GCS) and Advanced Wireless Semiconductor Co. (AWSC), while maintaining strategic manufacturing relationships with industry giants like Qorvo and Skyworks Solutions. The leadership team is anchored by Founder and Chairman Chin-Tsai (Dennis) Chen, who established the company in 1999 and has been instrumental in developing Taiwan’s III-V semiconductor ecosystem. The executive management is led by CEO Kuo-Hua (Kyle) Chen, who has served in the role since 2019 and oversees the company’s transition into advanced GaN-on-SiC and optical communication platforms. Strategic technical direction is provided by Vice Chairman Dr. Yu-Chi (YC) Wang, a former CEO and Bell Laboratories veteran who chairs the Technology Development Strategy Committee. The company’s governance is supported by a seasoned board and a stable management layer with an average tenure of over 14 years, backed by notable institutional investors including CMC Magnetics, which recently increased its stake in early 2026, alongside global entities like State Street and Neuberger Berman.