Lens Technology (06613) shares surged more than 7% in trading.

At the time of writing, the stock was up 5.93% to HK$27.88, with a turnover of HK$434 million.

Key Developments

The recent price movement follows a detailed report highlighting the company's significant technological achievement.

It has been confirmed that the firm has overcome the mass production barriers related to creating micro-vias and metallization filling for AI glass substrates (TGV).

Technical Milestone

A key accomplishment involves the precise drilling of 3 million micron-level through-holes on large, ultra-thin, and brittle glass panels measuring 510×515mm.

This process achieved a remarkable 100% through-hole rate with exceptionally smooth hole walls.

Production and Market Progress

Regarding production capacity, a dedicated facility spanning 30,000 square meters and its associated production lines are expected to be fully operational by the end of 2026.

Currently, the company has sent samples to multiple leading domestic and international chip and packaging clients for testing and evaluation.

Sector Analysis and Outlook

Analysts note that the rapid growth in AI computing demand is driving continuous optimization in chip packaging towards larger areas, higher I/O density, greater HBM integration, and lower power consumption.

Glass substrates are emerging as a promising solution for advanced packaging due to their low dielectric loss, high flatness, thermal expansion coefficient similar to silicon, and high-density interconnect capability via TGV.

Ongoing investments by major industry players in glass substrate technology underscore its growing importance as a key direction for advanced packaging upgrades.

It has been pointed out that Lens Technology has already introduced its TGV glass substrate technology and is collaborating with overseas clients on joint development and validation for the front-end and mid-stage processes of glass core substrates.