Jingxing Paper: The company's corrugated base paper sales price has been raised in multiple rounds in May
Jingxing Paper has increased prices for its corrugated base paper multiple times in May, with an overall hike of 300-350 yuan. Separately, Japanese bathroom manufacturer TOTO anticipates that over half of its capital expenditure in the coming years will be dedicated to its chip-related business. This strategic shift is driven by the AI boom, which has led to increased demand for TOTO's specialized ceramic materials used in chip manufacturing, boosting sales of its electrostatic chucks and other semiconductor materials. AI
IMPACT TOTO's substantial investment in its chip business signals a growing trend of established companies leveraging AI-driven demand for specialized materials and components.