P.D.C. Business Summary

Prosperity Dielectrics Co., Ltd. (P.D.C.) operates as a specialized manufacturer within the passive component industry, generating revenue through the production and global sale of ceramic dielectric powders, multilayer ceramic capacitors (MLCCs), chip resistors, and magnetic elements. The company is vertically integrated, maintaining a distinct competitive advantage by producing its own ceramic powders, which it also supplies to external electronic component manufacturers. Its primary business segments are categorized into dielectric materials, high-voltage/large-size MLCCs for industrial and automotive applications, and power-related chip resistors and inductors. P.D.C. competes directly with global giants such as Yageo Corporation, Murata Manufacturing, TDK Corporation, and Taiyo Yuden, positioning itself as a high-value niche provider focusing on medium-to-high voltage and high-reliability components rather than commodity-grade electronics. Originally established in 1990 as a spin-off from the Taiwan Cement Corporation’s precision ceramics research center, P.D.C. is now a core member of the Passive System Alliance (PSA) following a strategic alliance in 2005. The leadership team is headed by Chairman Yu Heng (Anthony) Chiao, a prominent figure in the Taiwanese electronics sector who also chairs the PSA Group and Walsin Technology. The current General Manager (CEO) is Chun-Hsueh Chen, who oversees the company's operational transition toward 5G, automotive, and artificial intelligence infrastructure markets. The company is significantly backed by Walsin Technology Corporation, which maintains a controlling interest of approximately 43%, ensuring deep integration with the broader Walsin Lihwa Group’s supply chain and R&D resources.