Sin-Yu Technology Enters NVIDIA and AMD Platforms, Plans to List on Emerging Stock Market at NT$112 Per Share on April 22

Taipei, April 15 (CNA) Passive component manufacturer Sin-Yu Technology plans to list on the emerging stock market on April 22 at a reference price of NT$112 per share. Sin-Yu Technology Chairman Tu Chun-hung stated today that infrastructure such as AI servers and data centers continues to be a growth driver. Related inductor components have entered the supply chains of NVIDIA and AMD platforms, and operations are optimistic for the second half of the year, with expected growth this year.

Sin-Yu Technology held a media briefing this afternoon, where Tu Chun-hung pointed out that this year, the company has entered a power module design project for a US-based client and has also passed NVIDIA's Vera Rubin platform certification. The company is expanding from a component supplier to the module field, continuously moving towards becoming a core AI power component and module supplier.

Regarding client layout, Sin-Yu Technology noted that it has been integrated into NVIDIA's Blackwell platform and entered mass production. It has also become a major supplier for AMD's Venice platform's public version structure, deeply binding with the next-generation computing architectures of the world's two largest GPU leaders. Particularly noteworthy is that the company passed NVIDIA's next-generation Vera Rubin platform certification in 2026, securing qualifications for next-generation GPU supply in advance, demonstrating the foresight and leading edge of its technological layout. In addition, it is actively participating in the development of Intel's and AMD's next-generation X86 platforms.

Regarding the proportion of AI revenue, Sin-Yu Technology explained that the proportion of revenue from AI server applications has increased in recent years, from 24% in 2023 to 47% in 2025, nearly doubling in three years. It is expected that the AI proportion can increase to nearly 60% this year, a double-digit percentage growth compared to 2025.

Regarding the Thailand factory layout, General Manager Tsai Chih-yuan pointed out that the first phase of the factory is located in Chonburi, Thailand, and ground was broken in March. It is estimated to be completed by the end of this year, with mass production gradually starting in Q1 2027. This layout aims to establish a Southeast Asian production base, diversify geopolitical risks, and serve international clients locally, primarily focusing on AI applications.

According to data, Sin-Yu Technology's main production base is located in its Zhongshan subsidiary in mainland China, focusing on two major product lines: integrated molded power inductors and assembled power inductors. Among them, assembled power inductors are centered on the TLVR (Trans-Inductor Voltage Regulator) series, designed to meet the power supply requirements of processors and graphics processors in AI servers and data centers.

In addition, Sin-Yu Technology is actively expanding its power module product line, developing inductor products for power modules.

From a client perspective, legal entities indicate that Accton Technology, Quanta Computer, Wiwynn, Wistron, and Foxconn are Sin-Yu Technology's main clients in the AI server OEM assembly field. In 2025, GIGABYTE became a strategic shareholder. Cloud service provider (CSP) clients include Meta, AWS, and Oracle. In AI chips, Sin-Yu Technology continues to cooperate with NVIDIA, AMD, Intel, and Broadcom.

Sin-Yu Technology's revenue in 2025 was NT$1.024 billion, with a gross profit margin of 32%, operating profit margin of 15%, and net profit margin of 11%. All three margins improved compared to 2024. Net profit after tax in 2025 was NT$114 million, with earnings per share of NT$6.15. Sin-Yu Technology's self-reported revenue for the first two months of this year was NT$235 million, with a gross profit margin of 35.46%, and self-reported net profit after tax of NT$38.76 million, with earnings per share of NT$1.75. (Editor: Chang Chun-mao) 1150415