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Chi-Yi-Xin Semiconductor Engineering Backlog Hits Record High with Visibility Through 2030
Industrial Services · Engineering & Construction · economic_daily · 2026-10-21
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Semiconductor facility engineering firm Chi-Yi-Xin reports a record backlog of 4.476 billion TWD, with projects scheduled through 2028, ahead of its November IPO.
What Happened
Order Visibility: Chi-Yi-Xin, a provider of semiconductor facility integration services, has reached a record backlog of 4.476 billion TWD as of September, driven by global capacity expansions from foundry clients. The company reports strong demand visibility through 2030, with project schedules extending into early 2028.
Business and Market Strategy: The company's services range from secondary piping and main system engineering to facility integration. With 58% of its business in Taiwan and 42% in the US, Chi-Yi-Xin has established offices in the US, Japan, and Singapore to support its clients' global expansion, while actively scaling its workforce to meet demand.
IPO and Financial Outlook: Chi-Yi-Xin is scheduled to list on the Taipei Exchange in mid-November and is holding an investor conference today. Analysts project that the company's revenue will grow by over 70% this year, with a further 25% to 30% growth expected in the coming year.
Workforce Expansion: To address robust engineering demand, the company has increased its global headcount to 300 and plans to expand to 450-500 employees. Including subcontractors, the total service team exceeds 1,000 people, underscoring its capacity to handle large-scale semiconductor projects.