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Yageo October Revenue Hits Record High for 8th Consecutive Month on Strong AI Demand

Electronic Technology · Electronic Components · economic_daily · 2026-11-09

Passive component giant Yageo reported a record-breaking October revenue of NT$17.29 billion, driven by robust AI demand and steady growth across product segments.

What Happened

Revenue Performance: Yageo announced its October consolidated revenue reached NT$17.597 billion, marking a 3.1% monthly increase and a 55% year-over-year surge, setting a record for the eighth consecutive month. Year-to-date revenue for the first ten months hit NT$149.751 billion, up 38.3% from the previous year.

Growth Drivers: Despite fewer working days due to Asian holidays, the company benefited from strong AI-related demand and steady growth in both specialty and standard components. Yageo noted that various end-market applications remain in a growth trajectory, fueling the record-breaking performance.

Operational Outlook: The company projects a moderate quarter-over-quarter revenue increase for Q4, with expectations for slight improvements in gross and operating margins. Capacity utilization is forecast to remain above 95%, as the firm navigates geopolitical uncertainties and currency fluctuations.

Capacity Expansion: Yageo plans to expand its production capacity by 10% to 15% in the coming quarters to meet long-term demand. New capacity is expected to come online starting in the second half of next year, with further additions scheduled for the second quarter of 2027.

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