Heavy Electrical Manufacturers Achieve Record First Quarter Revenue Driven by AI Data Centers
Taiwanese heavy electrical manufacturers, including Shilin Electric and Tatung, have reported record-high first-quarter revenues, driven by strong demand from AI data centers. The significant increase in AI infrastructure investment is fueling this growth, with companies anticipating continued expansion in orders for power equipment and transformers.
📋 Article Processing Timeline
- 📰 Published: April 10, 2026 at 19:21
- 🔍 Collected: April 10, 2026 at 20:00 (39 min after Published)
- 🤖 AI Analyzed: April 20, 2026 at 06:27 (226h 26m after Collected)
Looking ahead to this year's operations, Shilin Electric previously estimated a double-digit percentage growth target for its performance this year, with growth expected in Taiwan, mainland China, and overseas markets. Shilin Electric is actively deploying AI data center applications, and its production capacity can be further increased by 15% to 20% this year.
Shilin Electric's self-assessed revenue for March was NT$4.23 billion, an increase of 48.72% month-on-month and 35.34% year-on-year, also setting a new record for the same period. The self-assessed revenue for the first quarter was NT$11.558 billion, an increase of 12.28% year-on-year, setting a new historical quarterly high.
Shilin Electric previously stated that its order visibility extends to 2029 and even 2030, and it continues to expand its heavy electrical equipment business in the Taiwan and North American markets, deploying applications for Artificial Intelligence (AI) data centers. In particular, the North American market plans for an annual revenue growth of 15% to 20%, aiming to double its performance by 2033 compared to the 2025 baseline.
Hua Cheng's self-assessed revenue for March was NT$2.036 billion, an increase of 49.39% month-on-month and 3.38% year-on-year, setting a new record for the same period. The cumulative self-assessed revenue for the first quarter was NT$4.756 billion, an increase of 7.58% year-on-year, also setting a new record for the same period.
Hua Cheng previously expected its export share of overall revenue to reach 60% this year. The scale of orders for AI data center power transformers exceeds NT$14 billion, and it is estimated that the proportion of AI data center orders in the overall order scale will exceed 20% this year. (Editor: Huang Kuo-lun) 1150410
Shilin Electric's self-assessed revenue for March was NT$4.23 billion, an increase of 48.72% month-on-month and 35.34% year-on-year, also setting a new record for the same period. The self-assessed revenue for the first quarter was NT$11.558 billion, an increase of 12.28% year-on-year, setting a new historical quarterly high.
Shilin Electric previously stated that its order visibility extends to 2029 and even 2030, and it continues to expand its heavy electrical equipment business in the Taiwan and North American markets, deploying applications for Artificial Intelligence (AI) data centers. In particular, the North American market plans for an annual revenue growth of 15% to 20%, aiming to double its performance by 2033 compared to the 2025 baseline.
Hua Cheng's self-assessed revenue for March was NT$2.036 billion, an increase of 49.39% month-on-month and 3.38% year-on-year, setting a new record for the same period. The cumulative self-assessed revenue for the first quarter was NT$4.756 billion, an increase of 7.58% year-on-year, also setting a new record for the same period.
Hua Cheng previously expected its export share of overall revenue to reach 60% this year. The scale of orders for AI data center power transformers exceeds NT$14 billion, and it is estimated that the proportion of AI data center orders in the overall order scale will exceed 20% this year. (Editor: Huang Kuo-lun) 1150410