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Shihlin Electric Sees 30% Revenue Growth Driven by North American AI Data Center Demand
Producer Manufacturing · Electrical Products · economic_daily · 2026-10-21
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Shihlin Electric's backlog exceeds NT$60 billion, with AI data center demand in North America expected to drive a 30% revenue increase next year.
What Happened
Strong North American Demand: Shihlin Electric General Manager Joseph Kuo stated that AI data center construction in North America is driving massive demand, with 70-80% of current orders linked to AIDC projects.
Revenue Growth Outlook: Driven by the AIDC boom and U.S. infrastructure initiatives, the company expects its annual revenue to grow by more than 30% in the coming year.
Capacity Expansion: The company is scaling up production, particularly for medium-to-large transformers at its T4 facility, which is expected to reach full capacity by 2028 and boost overall output by 30%.
Diversified Growth Engines: Beyond heavy electrical equipment, Shihlin Electric is expanding into public infrastructure and energy storage, with the latter expected to double in revenue by 2027 as a key pillar of its energy transition strategy.