KB LAMINATES (01888) saw its stock price plummet 5.04% during intraday trading on Friday, marking a significant downward movement for the laminate manufacturer.
The sharp decline appears driven by substantial profit-taking pressure following the stock's remarkable 256% surge year-to-date. Additionally, market sentiment was negatively impacted by news of competitor China Jushi's announced capacity expansion, raising concerns about potential oversupply in the electronic materials sector.
While KB LAMINATES recently implemented a 10% price hike for its laminates and prepreg products due to elevated copper costs and tight fiberglass cloth supply—and continues to benefit from AI computing-driven PCB demand—investors are growing wary of expanding industry capacity that could pressure future pricing power.
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