SINBON Eyes AI Peripheral Opportunities, Invests NT$5 Billion to Expand Production in Tongluo and Taichung
Connector manufacturer SINBON Electronics is capitalizing on AI peripheral opportunities, announcing a board decision to increase its Tongluo plant investment to NT$4.3 billion and invest NT$665 million in a new Taichung branch, totaling around NT$5 billion.
📋 Article Processing Timeline
- 📰 Published: April 23, 2026 at 16:50
- 🔍 Collected: April 23, 2026 at 17:02 (11 min after Published)
- 🤖 AI Analyzed: April 23, 2026 at 17:45 (43 min after Collected)
Central News Agency
(CNA Reporter Tseng Jen-kai, Taipei, 23rd) Connector and cable manufacturer SINBON Electronics is going all out to seize AI peripheral business opportunities. The board of directors resolved today to increase the investment amount for its Tongluo branch from NT$3.2 billion to NT$4.3 billion. In addition, it approved a NT$665 million investment plan to establish a Taichung branch. The combined total of the two investment projects is approximately NT$5 billion.
Affected by weak performance in green energy sectors like electric vehicles and wind power, SINBON's 2025 revenue was NT$31.336 billion, a year-on-year decrease of 5.67%, ending a 15-year streak of consecutive revenue growth. SINBON Chairman Wang Shao-hsin emphasized that the company is fully deploying into AI peripheral opportunities such as semiconductors, robotics, and drones, which are expected to bear fruit successively, expressing confidence that operations will return to a growth track in 2026.
SINBON announced its Q1 financial report today, with revenue of NT$8.293 billion, up 1.64% year-on-year and 9.44% quarter-on-quarter; net profit attributable to the parent company was NT$865 million, down 6.42% year-on-year but up 21.9% from Q4 of last year, with a single-quarter EPS of NT$3.6.
SINBON explained that the decrease in Q1 net profit compared to the same period last year was mainly due to operating expenses of NT$1.077 billion, an increase of NT$140 million YoY, with an expense ratio of 12.98%, up 1.5 percentage points YoY. This is primarily an investment in the future. SINBON is optimistic that as demand across industries gradually warms up and new products begin production, Q2 operations will outperform Q1.
SINBON stated that facing the dual trends of surging AI computing power and a global labor shortage, it will deepen its connector and cable assembly solutions, actively expanding into automation fields such as semiconductor equipment, humanoid robots, air taxis, and unmanned stores.
SINBON had previously approved the new plant investment project in the Tongluo Science Park, aiming for completion and mass production by 2028, primarily targeting semiconductor equipment-related wiring harnesses. The original planned construction cost was about NT$3.2 billion. SINBON announced today that, considering actual engineering budget needs, it decided to raise the investment to NT$4.3 billion.
SINBON's board also approved the investment plan to establish a Taichung branch to expand capacity. It plans to set up the branch in the Taichung Port Technology Industrial Park, leasing land and purchasing existing factory buildings, with an estimated investment of NT$665 million. At the same time, SINBON approved the acquisition of an existing factory building in the Taichung Port Technology Industrial Park from Jin Hsin Yu Company for no more than NT$340 million, with a building area of 4,253.27 pings. (Editor: Chang Chun-mao) 1150423
(CNA Reporter Tseng Jen-kai, Taipei, 23rd) Connector and cable manufacturer SINBON Electronics is going all out to seize AI peripheral business opportunities. The board of directors resolved today to increase the investment amount for its Tongluo branch from NT$3.2 billion to NT$4.3 billion. In addition, it approved a NT$665 million investment plan to establish a Taichung branch. The combined total of the two investment projects is approximately NT$5 billion.
Affected by weak performance in green energy sectors like electric vehicles and wind power, SINBON's 2025 revenue was NT$31.336 billion, a year-on-year decrease of 5.67%, ending a 15-year streak of consecutive revenue growth. SINBON Chairman Wang Shao-hsin emphasized that the company is fully deploying into AI peripheral opportunities such as semiconductors, robotics, and drones, which are expected to bear fruit successively, expressing confidence that operations will return to a growth track in 2026.
SINBON announced its Q1 financial report today, with revenue of NT$8.293 billion, up 1.64% year-on-year and 9.44% quarter-on-quarter; net profit attributable to the parent company was NT$865 million, down 6.42% year-on-year but up 21.9% from Q4 of last year, with a single-quarter EPS of NT$3.6.
SINBON explained that the decrease in Q1 net profit compared to the same period last year was mainly due to operating expenses of NT$1.077 billion, an increase of NT$140 million YoY, with an expense ratio of 12.98%, up 1.5 percentage points YoY. This is primarily an investment in the future. SINBON is optimistic that as demand across industries gradually warms up and new products begin production, Q2 operations will outperform Q1.
SINBON stated that facing the dual trends of surging AI computing power and a global labor shortage, it will deepen its connector and cable assembly solutions, actively expanding into automation fields such as semiconductor equipment, humanoid robots, air taxis, and unmanned stores.
SINBON had previously approved the new plant investment project in the Tongluo Science Park, aiming for completion and mass production by 2028, primarily targeting semiconductor equipment-related wiring harnesses. The original planned construction cost was about NT$3.2 billion. SINBON announced today that, considering actual engineering budget needs, it decided to raise the investment to NT$4.3 billion.
SINBON's board also approved the investment plan to establish a Taichung branch to expand capacity. It plans to set up the branch in the Taichung Port Technology Industrial Park, leasing land and purchasing existing factory buildings, with an estimated investment of NT$665 million. At the same time, SINBON approved the acquisition of an existing factory building in the Taichung Port Technology Industrial Park from Jin Hsin Yu Company for no more than NT$340 million, with a building area of 4,253.27 pings. (Editor: Chang Chun-mao) 1150423