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Stars Microelectronics (Thailand) Public Company Limited (“SMT”), a leading Thai semiconductor company, reported strong positive operating results for the first quarter of 2026, reflecting continued business recovery and growth momentum. In Q1 2026, SMT recorded total revenue of THB 631 million, representing a 15% increase compared to the same period last year, alongside net profit of THB 11 million, reversing from a loss recorded in the corresponding period of the previous year, excluding non-recurring items. The improvement highlights the company’s effective cost and expense management across all dimensions, while strengthening its competitiveness in the fully integrated electronics manufacturing industry.
Revenue growth in Q1 2026 was driven by all business segments, supported by the company’s strategic business restructuring efforts implemented over the past 1–2 years to better align with evolving customer demands. Amid ongoing changes in the semiconductor industry, particularly increasing demand for Artificial Intelligence (AI) products and rising investments in Data Centers, SMT recognizes opportunities to collaborate closely with customers in semiconductor product research and development to deliver high-quality solutions that meet market needs. At the same time, the company continues to focus on improving manufacturing efficiency and cost optimization.
The improved performance reflects SMT’s strong competitive capabilities and readiness to capture future business opportunities. The company remains committed to advancing innovation, enhancing production efficiency, and operating sustainably to ensure long-term stable growth.
Currently, SMT is the only Thai-owned electronics manufacturer in the semiconductor industry capable of providing True Vertical Integration manufacturing services, covering processes from Wafer Processing to complete System Build assembly. The company operates through 3 core business groups:
OSAT (Outsourced Semiconductor Assembly and Test)
EMS (Electronics Manufacturing Services)
Photonics
SMT serves 7 key industries, including automotive, clean energy, medical devices, semiconductors, and telecommunications, supported by a strong and diversified customer base across the Americas, Europe, and Asia.
In addition, SMT continues to place strong emphasis on conducting business under a concrete ESG framework while continuously advancing sustainability development and corporate governance practices.
During Q1 2026, the company strengthened its environmental initiatives by achieving ISO 14064-1:2018 certification and obtaining the Carbon Footprint for Organization (CFO) label, covering carbon emissions measurement across all three scopes. SMT has designated 2024 as its baseline year and set a target to achieve Net Zero emissions by 2040, alongside long-term plans to reduce energy consumption and increase the use of clean energy.
On the social and governance front, the company received the CSR-DIW Continuous Award, reflecting its commitment to responsible business operations while balancing technological advancement with environmental stewardship, social responsibility, community engagement, and stakeholder care. SMT remains committed to becoming a leading sustainable electronics manufacturing company with long-term growth and responsible business practices.
