Qnity Electronics, Inc. (NYSE: Q)

Qnity is one of the largest global leaders in materials and solutions for the semiconductor and electronics industries.

The company partners with leading semiconductor and advanced device manufacturers to develop materials that enable advancements in artificial intelligence, high performance computing, advanced connectivity and other megatrends.

Qnity generates revenue primarily from the sale of specialty materials and chemicals that are consumed during semiconductor manufacturing or incorporated into final electronic products.

Over 90% of its 2025 revenue came from products used in the production process or built into end user devices, reflecting a consumable driven business model.

The company operates through the following segments: Semiconductor Technologies and Interconnect Solutions.

• Semiconductor Technologies: This segment provides a portfolio of innovative materials and solutions used across multiple stages of the semiconductor manufacturing process, including advanced cleans, CMP slurries, CMP pads, lithographic materials, Kalrez specialized sealants and advanced display materials, aiming to improve chip performance, enhance yield and enable leading edge node technology.

• Interconnect Solutions: This segment offers a comprehensive range of material solutions that address signal integrity, thermal and power management and advanced packaging needs, including advanced circuit and packaging solutions, Laird Technologies thermal EMI and power management products and advanced flex technologies for flexible electronic applications.

Qnity holds a strong position as one of the largest global suppliers of specialty materials for the semiconductor and electronics sectors, competing with firms such as Entegris, Merck KGaA, Resonac, Element Solutions and MKS Instruments.

Its competitive advantages stem from a broad product portfolio, deep customer relationships, long standing innovation leadership, a diversified supply chain and an extensive global manufacturing footprint.

The company serves a diverse customer base that includes semiconductor device manufacturers, foundries, equipment providers and original equipment manufacturers, with notable customers such as Samsung Electronics Co., Ltd. and Taiwan Semiconductor Manufacturing Company Limited accounting for 11% and 8% of 2025 net sales respectively, and it counts nearly all of the world’s top 20 largest semiconductor manufacturers among its clients.