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LITEON Technology (2301-tw) today reported the first quarter consolidated sales of NT$43.4 billion, up 19% Y-o-Y, with cloud-related businesses positing growth of over 70% Y-o-Y. Benefiting from strong demand for AI infrastructure, ongoing global capacity expansion, an improved mix of high-value businesses, and synergies from close collaboration across the supply chain, gross profit margin reached 21.7%, and the operating profit margin came in at 9.4%. Net profit totaled NT$3.78 billion, with EPS at NT$1.66, representing a 10% Y-o-Y increase and marking a five-year high for the same period.
The Board of LITEON approved capital investment proposals, including US$919 million for the U.S. subsidiary and a US$149 million capital increase for the Vietnam subsidiary, to accelerate global deployment and expand production capacity.
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Rising AI and Cloud Demand Fuels Long‑Term Growth Momentum in Next‑Generation Power Products |
“As demand for AI and cloud infrastructure continues to accelerate, power-related applications have maintained strong growth momentum. Cloud-related revenue increased by more than 70% Y-o-Y in Q1, driving solid overall operational performance,” said Anson Chiu, President of LITEON Technology. “Looking ahead, next-generation power solutions are entering a scale-up phase and are expected to become a key engine of future growth, underscoring LITEON’s strengths in technology innovation and close collaboration with global customers. LITEON will continue to enhance its system integration capabilities, leveraging high-efficiency power technologies to capture long-term opportunities from the ongoing upgrade cycle of AI infrastructure, while steadily advancing sustainable growth.”
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Accelerating Global Expansion and Capital Planning to Support AI Growth |
To address rapidly growing demand for high-efficiency energy and system integration solutions in the AI era, LITEON is accelerating its global expansion. The Board today approved the following initiatives:
In addition, to strengthen financial flexibility and support mid- to long-term growth, LITEON plans to further internationalize and diversify its fundraising channels to facilitate strategic partnerships and investments. Subject to market conditions, LITEON intends to issue GDRs or conduct a private placement of up to 200 million common shares, subject to shareholder approval authorizing the Board to proceed in accordance with regulatory requirements. These initiatives aim to strengthen LITEON’s capital structure and address long-term funding needs driven by AI-related growth.
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Outlook for Q2: AI and LEO Satellite Power to Drive Growth; COMPUTEX Participation in June |
Looking ahead to the second quarter of 2026, LITEON expects its core businesses to deliver both Y-o-Y and Q-o-Q growth. As next-generation power management and energy system solutions enter mass production, shipments of 8.5kW power supply units (PSUs) and battery backup units (BBUs) continue to scale steadily, while 110kW Power Shelves have begun shipping. HVDC Power Racks are set to become the next key growth driver. The 50 VDC Power Rack has entered mass production, and the 800 VDC Power Rack is scheduled to enter validation in the second half of the year. With an increasing contribution from high-value products, AI-related products are expected to account for approximately 30% of total revenue in 2026.
Meanwhile, power solutions for LEO satellites are expected to deliver robust growth in both Q2 and the full year, with revenue on track to double. LITEON will continue to expand capacity in line with customer demand to support sustained growth momentum.
In addition, LITEON will make a strong presence at COMPUTEX Taipei in June, showcasing key technologies across AI, cloud computing, and high-efficiency power solutions. The exhibition will also highlight LITEON’s integrated edge computing and smart city applications, demonstrating its end-to-end capabilities that connect AI infrastructure with intelligent edge scenarios, as well as its expertise in system integration.
Media Contact
Corporate Brand Value Development Center
Irene Chou
Tel: 886-2-8798-2888 #6509