As the epidemic draws to a close, the world is looking forward to a rebound. In the fourth quarter of 2021, the World Monetary Fund (IMF) forecast that the global economy would grow at 4.9% in 2022. But in April it lowered the growth to 3.6% from 4.4% forecast in early 2022.

DIGITIMES released the IC 50 2022 ranking on June 30 as the semiconductor industry is sailing into a sea of uncertainties. The stellar performance of semiconductor industry companies in 2021 was reminiscent of a two-year bull market while ebbing demand in some sectors in Q2 2022 marked the imminent correction of the over-heated business cycle.

Epitaxial wafer supplier Intelligent Epitaxy Technology (IntelliEPI) expects robust InP-based epi-wafer demand for 5G related device applications to drive its revenue growth this year, according to company chairman YC Kao.

“How does good investor relations affect a company’s value?” is often an important consideration for many small and medium-sized companies when deciding whether to invest resources in investor relations. Our previous volumes of Inside Investor Relations provided a series of guidelines for a company to establish a good investor relation communication system. However, it requires companies to invest additional resources to build up such a system and create long-term reputations. As a result, many small and medium-sized listed companies would think that there is no need to offer good investor relations and should only focus on company operation, or only communicate with investors when they have better financial performance. In this volume of Inside Investor Relations, we use quantitative data to examine how much additional value the capital market is willing to pay for “good investor relations”. This “additional value” enables a company to maximize its shareholder value, as well as raise capital at a lower cost than peers to facilitate its growth.