Yaly Electric: Semiconductor Plant Expansion Orders Look Good, AIDC Room Shipments Expected

(Central News Agency, reporter Zhong Rongfeng, Taipei 11th) Heavy electrical equipment manufacturer Yaly Electric held its shareholders' meeting this morning, approving a cash dividend of NT$2.0 per share and a stock dividend of NT$0.2 per share, and also fully re-elected its board of directors. Yaly pointed out that its current on-hand orders exceed NT$12 billion, with order visibility extending to 2029. The company is optimistic about order demand from the expansion of new semiconductor fabs this year. Looking at this year's operations, Yaly expects Q2 performance to be better than Q1, and H2 operations to outperform H1, with the full-year operational target showing growth compared to 2025. Yaly noted that the application of the artificial intelligence (AI) industry is driving demand for heavy electrical equipment. The company's future business opportunities include three major areas: energy and power grid construction, expansion of new semiconductor chip fabs, and the construction of AI factories and AI data center (AIDC) rooms. Regarding the application in the expansion of new semiconductor chip fabs, Yaly stated that foundries, advanced packaging and testing, and memory manufacturers are increasing their procurement items and quantities for electromechanical products due to fab expansion. In the first five months of this year, revenue contribution from related industry chains has doubled. (Editor: Pan Yijing) 1150611