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Syntec Technology Posts Record Nine-Month Earnings and Announces Major Capacity Expansion
Electronic Technology · Computer Processing Hardware · economic_daily · 2026-11-05
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Syntec Technology reported record-breaking earnings for the first nine months, with EPS reaching NT$66.59, and unveiled plans to more than double its production capacity by 2027.
What Happened
Record-Breaking Earnings: Syntec Technology reported a nine-month EPS of NT$66.59, significantly surpassing its total earnings for the previous year. Driven by peak season demand and robust order intake, the company's October revenue reached NT$2.498 billion, marking a 134.9% year-on-year increase.
Strong Revenue Momentum: The company has achieved triple-digit year-on-year revenue growth for five consecutive months, with cumulative revenue for the first ten months hitting a record NT$23.428 billion. This sustained growth highlights Syntec's competitive edge in smart manufacturing and its ability to capitalize on industrial automation trends.
Global Capacity Expansion: To support future growth, Syntec announced that new facilities in Suzhou, Malaysia, and India will begin operations in February 2027. These expansions are expected to increase total production capacity to 2.6 times the current scale, ensuring the company can meet long-term global demand and support its AI technology initiatives.
Strategic Transformation: Syntec's original Suzhou plant will be repurposed into a hub for robotics, mechanical arms, and Physical AI development. By targeting the large-scale robotics market and scaling production, the company aims to solidify its leadership in the smart manufacturing sector and drive long-term profitability.