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Allis Electric Posts Record October Revenue, Q4 Outlook Remains Strong
Electronic Technology · Electronic Components · economic_daily · 2026-11-09
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Allis Electric reports record-breaking October revenue driven by AI infrastructure and semiconductor expansion, with a record backlog fueling a strong Q4 outlook.
What Happened
Revenue Performance: Allis Electric reported October revenue of NT$933 million, a 9.35% year-on-year increase, with cumulative revenue for the first ten months reaching NT$8.958 billion. The company's growth is primarily fueled by the expansion of AI infrastructure, semiconductor capacity, and Taipower's grid resilience projects.
Order Backlog: The company's order backlog has surpassed NT$13 billion, marking an all-time high, with new orders consistently outpacing shipments. Semiconductor-related projects currently account for the largest share of the backlog, followed by Taipower and railway infrastructure contracts.
Market Outlook: Analysts expect the fourth quarter to be the peak of the year, driven by the concentration of project completions and robust semiconductor equipment shipments. The higher profit margins associated with semiconductor equipment are also expected to improve the company's overall product mix and profitability.
Long-term Growth: Allis Electric continues to secure strong demand for its transformers and power distribution equipment from major semiconductor manufacturers. With ongoing negotiations for new orders exceeding the current backlog, the company is well-positioned to maintain growth momentum through 2027.