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Elec-Tech Firm Fortune Electric Reports Record September Revenue, Backlog Hits NT$13 Billion
Electronic Technology · Electronic Components · economic_daily · 2026-10-07
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Fortune Electric announced a 10.4% year-on-year increase in September revenue to NT$980 million, supported by strong demand from semiconductor expansion and grid resilience projects.
What Happened
Financial Performance: Fortune Electric reported September revenue of NT$980 million, a 10.4% year-on-year increase, with cumulative revenue for the first nine months reaching a record high of NT$8.02 billion.
Order Backlog: The company's order backlog has surpassed NT$13 billion, marking an all-time high, with new orders consistently outpacing sales by over 30% to fuel future growth.
Strategic Focus: The firm is capitalizing on three key growth drivers: Taipower’s grid resilience projects, semiconductor facility expansions, and the construction of AI data centers, with semiconductor-related orders currently leading the portfolio.
Future Outlook: With a project visibility of at least three years, the company expects continued growth driven by AI infrastructure demand and global ESG-related green energy initiatives.