(Yicai) Dec. 7 -- Shares of Sunfar Silicon Industries jumped by the daily limit after the Chinese chemicals company said that Taiwan Semiconductor Manufacturing, a chip supplier to Apple, ordered its first batch of Sunfar's new electronic gas.

Sunfar [SHA: 603938] Closed up 10 percent at CNY18.48 (USD2.60).

The electronic gas business unit of the chemicals firm recently sold TSMC CNY400,000 (USD55,977) of electronic grade dichlorosilane, a material used to enhance the reliability and lifespan of a wafer, the Tangshan-based company announced yesterday. 

Winning recognition from the semiconductor industry giant via its first order for the new product is of positive significance to Sunfar and its market positioning, it said, adding that the move should help increase the firm's market share in electronic grade chemicals.

However, the company's electronic gas business is in the stage of verification and promotion so overall sales are still low, Sunfar said, adding that the seller unit is still unprofitable. Thereby, even if the firm increases its production of electronic grade dichlorosilane, revenue should not be majorly affected, it added.

An executive of Sunfar said on the Shanghai bourse's investor platform in June that the company has achieved a stable bulk supply of electronic grade dichlorosilane to some leading domestic memory chip vendors and fabs of logic chips.

Editor: Emmi Laine