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Chicony Power Posts Q3 Results, Eyes Growth in AI Server and Communication Power Segments
Electronic Technology · Electronic Components · economic_daily · 2026-11-04
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Chicony Power reported an EPS of 3.4 TWD for the first nine months, with the company betting on AI server and communication power products to drive Q4 growth.
What Happened
Financial Performance: Chicony Power reported a Q3 net profit of 144 million TWD, resulting in an EPS of 0.36 TWD, while the cumulative EPS for the first nine months reached 3.4 TWD. October revenue stood at 1.923 billion TWD, with the year-to-date revenue down 12.1% due to inventory adjustments in the PC sector.
Growth Drivers: The company identified AI server and communication power as key growth pillars for the fourth quarter. AI server power projects are scaling up, and communication power demand has significantly outpaced initial production capacity, prompting the company to accelerate material procurement.
Market Challenges: The NB power segment faced headwinds in Q3 as memory shortages and rising costs for key components like GPUs impacted gaming laptop demand. This led to more conservative purchasing behavior from major brand clients.
Operational Outlook: Non-NB power operations remain resilient, with strong demand for server power despite some delivery delays caused by component shortages. The company is currently transitioning to new-generation home receiver power products and expects output to increase in Q4.