Sumitomo Bakelite raises fiscal 2026 profit forecast on AI packaging demand

Sumitomo Bakelite lifted its fiscal 2026 outlook after first-half attributable net profit rose 47.2% year over year to JPY19.561 billion (US$123 million), driven by AI server demand for semiconductor packaging materials.

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2026-11-06 01:35 · DigiTimes Asia
Sumitomo Bakelite raises 2026 profit forecast on AI packaging boom

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