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Leedon Struggles with Supply Shortages and New Plant Costs, Posts Q3 Loss
Producer Manufacturing · Auto Parts: OEM · economic_daily · 2026-11-09
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Leedon reports a Q3 loss of NT$1.50 per share due to supply chain disruptions and startup costs at its Mexico plant, while pivoting toward robotics for growth.
What Happened
Financial Results: Leedon Technology reported Q3 revenue of NT$1.923 billion, a 4.95% year-on-year decline, as supply shortages hampered shipments. Combined with depreciation from its new Mexico plant and one-time restructuring costs, the company posted a net loss of NT$150 million, or NT$1.24 per share.
Operational Hurdles: The automotive LED supply chain continues to face pressure from shortages of passive components and raw materials, leading to deferred order recognition. October revenue of NT$653 million showed a monthly increase but remained down 9.16% year-on-year, highlighting ongoing supply chain volatility.
Strategic Pivot: The company is actively managing component supply and costs while scaling up its Mexico facility. Additionally, Leedon is diversifying into AI-driven robotics, including humanoid and quadruped robots, to create new revenue streams beyond its core automotive business.
Future Outlook: Despite short-term supply constraints, Leedon maintains a healthy level of visibility for its automotive orders. As new projects reach mass production and robotics applications gain traction, the company expects its operational performance and profitability to gradually improve.