Fuzhida Sees No Off-Season This Year, AI Product Revenue to Grow Multiples
Fuzhida announced record-high EPS of NT$13.38 for Q1 2026. General Manager Xu An-Ci stated that strong AI server demand is expected to drive multi-fold annual growth in key components like liquid cooling quick connectors and server slides, anticipating overall operations to improve quarter-over-quarter this year.
📋 Article Processing Timeline
- 📰 Published: May 5, 2026 at 17:48
- 🔍 Collected: May 5, 2026 at 18:01 (13 min after Published)
- 🤖 AI Analyzed: May 5, 2026 at 18:24 (23 min after Collected)
Central News Agency
(Central News Agency reporter Tseng Jen-Kai, Taipei, 5th) Fuzhida announced on the 4th that its earnings per share for the first quarter of 2026 hit a record high of NT$13.38. Fuzhida General Manager Xu An-Ci stated today that due to strong AI server demand, key components such as liquid cooling quick connectors and server slides, which Fuzhida supplies, are expected to achieve multi-fold year-on-year growth this year, with overall operations projected to improve quarter-over-quarter in 2026.
Fuzhida held an investor conference today. Chief Financial Officer Chiu Zhi-Yu stated that in the past, Fuzhida's Q1 operations would slightly decline compared to the previous year's Q4, but due to the strong momentum of AI, Fuzhida will not have an off-season this year.
Fuzhida yesterday announced Q1 revenue of NT$4.183 billion, a 5.2% increase quarter-over-quarter and an 85.8% increase year-over-year; net profit attributable to the parent company was NT$917 million, a 22.1% increase quarter-over-quarter and a significant 1.57-fold increase from the same period last year. Both revenue and profit saw quarter-over-quarter and year-over-year growth, with single-quarter EPS reaching a record high of NT$13.38.
However, after Fuzhida released its financial report, its stock price plunged NT$220 today, closing at the daily limit price of NT$1995, falling below the NT$2000 mark.
Chiu Zhi-Yu stated today that Fuzhida's product mix has changed significantly this year. The year-on-year growth rate of server product revenue in Q1 was as high as 5.47 times, accounting for 56.4% of total revenue, which is already more than half, a significant increase from 16.2% in the same period last year. In contrast, revenue from foldable phone hinges decreased by 4.7% year-on-year, and its revenue share dramatically dropped from 73.5% in Q1 last year to 37.7% this year.
Chiu Zhi-Yu added that AI demand is very strong, especially with the continuous increase in the penetration rate of liquid cooling in AI data centers, and Fuzhida is responsible for supplying liquid cooling quick connectors.
Fuzhida is also actively entering the server slide supply chain, including Nvidia's GB series, Vera Rubin, and ASICs, with multiple client projects underway. This year, revenue from both liquid cooling quick connectors and server slides is expected to grow by multiples compared to last year.
Xu An-Ci stated that with the increase in the proportion of server revenue, Fuzhida's gross profit margin will also rise. Fuzhida's Q1 gross profit margin was 32.3%, a 3.25 percentage point increase quarter-over-quarter, and a significant 10.16 percentage point increase from the same period last year, breaking the 30% mark for the first time. (Editor: Chang Chun-Mao) 1150505
Stand with facts, every sponsorship you make is a force for protecting press freedom.
Download the Central News Agency "First-hand News" APP to stay updated with the latest news.
The text, images, and videos on this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.
(Central News Agency reporter Tseng Jen-Kai, Taipei, 5th) Fuzhida announced on the 4th that its earnings per share for the first quarter of 2026 hit a record high of NT$13.38. Fuzhida General Manager Xu An-Ci stated today that due to strong AI server demand, key components such as liquid cooling quick connectors and server slides, which Fuzhida supplies, are expected to achieve multi-fold year-on-year growth this year, with overall operations projected to improve quarter-over-quarter in 2026.
Fuzhida held an investor conference today. Chief Financial Officer Chiu Zhi-Yu stated that in the past, Fuzhida's Q1 operations would slightly decline compared to the previous year's Q4, but due to the strong momentum of AI, Fuzhida will not have an off-season this year.
Fuzhida yesterday announced Q1 revenue of NT$4.183 billion, a 5.2% increase quarter-over-quarter and an 85.8% increase year-over-year; net profit attributable to the parent company was NT$917 million, a 22.1% increase quarter-over-quarter and a significant 1.57-fold increase from the same period last year. Both revenue and profit saw quarter-over-quarter and year-over-year growth, with single-quarter EPS reaching a record high of NT$13.38.
However, after Fuzhida released its financial report, its stock price plunged NT$220 today, closing at the daily limit price of NT$1995, falling below the NT$2000 mark.
Chiu Zhi-Yu stated today that Fuzhida's product mix has changed significantly this year. The year-on-year growth rate of server product revenue in Q1 was as high as 5.47 times, accounting for 56.4% of total revenue, which is already more than half, a significant increase from 16.2% in the same period last year. In contrast, revenue from foldable phone hinges decreased by 4.7% year-on-year, and its revenue share dramatically dropped from 73.5% in Q1 last year to 37.7% this year.
Chiu Zhi-Yu added that AI demand is very strong, especially with the continuous increase in the penetration rate of liquid cooling in AI data centers, and Fuzhida is responsible for supplying liquid cooling quick connectors.
Fuzhida is also actively entering the server slide supply chain, including Nvidia's GB series, Vera Rubin, and ASICs, with multiple client projects underway. This year, revenue from both liquid cooling quick connectors and server slides is expected to grow by multiples compared to last year.
Xu An-Ci stated that with the increase in the proportion of server revenue, Fuzhida's gross profit margin will also rise. Fuzhida's Q1 gross profit margin was 32.3%, a 3.25 percentage point increase quarter-over-quarter, and a significant 10.16 percentage point increase from the same period last year, breaking the 30% mark for the first time. (Editor: Chang Chun-Mao) 1150505
Stand with facts, every sponsorship you make is a force for protecting press freedom.
Download the Central News Agency "First-hand News" APP to stay updated with the latest news.
The text, images, and videos on this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.