Reported 7 months ago
Cheng Uei, known as a connector manufacturer, is transforming into a solution provider by integrating connectors with heat dissipation and precision processing to seize opportunities in AI. With the growth driven by AI products like accelerator card heat modules and high-speed connectors, Cheng Uei is expected to achieve a revenue share of 45% to 48% from AI and communications this year. The company's expansion projects in Taiwan aim to meet the increasing demand, with new plants set up in Xizhi, New Taipei City, and Yunlin. With Taiwan's new production capacity, the distribution between Taiwan and China is estimated to be around 30%-35% and 60%-65%, respectively, reflecting the rising importance of AI and communications products in Cheng Uei's revenue structure.
Source: YAHOO