Chicony Strictly Controls Costs, Q1 Profit Up 90% QoQ, EPS NT$2
Chicony, a leading computer keyboard manufacturer, achieved a net profit of NT$1.456 billion in Q1, a 93% increase quarter-on-quarter, with EPS of NT$2. This was driven by strict cost control and strong shipments of high-value-added products like advanced LED backlit keyboards for commercial PCs and 2-in-1 device keyboards, alongside thriving commercial smart video surveillance products leveraging Edge AI Vision.
📋 Article Processing Timeline
- 📰 Published: May 11, 2026 at 15:33
- 🔍 Collected: May 11, 2026 at 16:02 (28 min after Published)
- 🤖 AI Analyzed: May 11, 2026 at 21:59 (5h 57m after Collected)
Central Message
(Central News Agency reporter Tseng Jen-kai, Taipei, 11th) Global computer keyboard leader Chicony today announced its Q1 financial report. Revenue was NT$22.871 billion, down 1.8% year-on-year and 0.9% quarter-on-quarter; net profit attributable to the parent company was NT$1.456 billion, down 8.5% year-on-year but a significant 93% increase quarter-on-quarter, with earnings per share of NT$2.
Chicony stated that the substantial increase in Q1 profit compared to the previous quarter was mainly due to the absence of one-time factory consolidation expenses. Additionally, the company strictly controlled operating expenses, with the Q1 operating expense ratio at 8.6%, the lowest in 16 quarters, and the operating profit margin at 7.5%, up 0.8 percentage points quarter-on-quarter.
Chicony further pointed out that although the PC market faced pressure from memory shortages and rising component prices in Q1, PC customers' shipments are moving towards high-value products, and commercial models saw strong shipment momentum. Chicony's high-end LED backlit laptop keyboard adoption rate reached 52% in Q1, exceeding 50% for the second consecutive quarter. Furthermore, Chicony's 2-in-1 laptop/tablet keyboards also benefited from active pull-ins from customers, achieving double-digit year-on-year growth.
In terms of imaging products, Chicony stated that Q1 is typically an off-season for consumer products, but demand for commercial smart video products was robust, achieving double-digit growth. Among these, Chicony is actively deploying Edge AI Vision, integrating AI functions into video surveillance systems, and has successfully shipped smart security products to several European and American brand customers, making it one of the company's important operational drivers this year.
Chicony also announced its April revenue today, which was NT$7.273 billion, down 17.3% quarter-on-quarter and 9.3% year-on-year. Chicony stated that in response to generally rising raw material prices, it implemented a price adjustment plan starting from Q1. It is estimated that Q2 revenue and profit will gradually reflect the effects of these price increases. (Editor: Yang Kai-hsiang) 1150511
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(Central News Agency reporter Tseng Jen-kai, Taipei, 11th) Global computer keyboard leader Chicony today announced its Q1 financial report. Revenue was NT$22.871 billion, down 1.8% year-on-year and 0.9% quarter-on-quarter; net profit attributable to the parent company was NT$1.456 billion, down 8.5% year-on-year but a significant 93% increase quarter-on-quarter, with earnings per share of NT$2.
Chicony stated that the substantial increase in Q1 profit compared to the previous quarter was mainly due to the absence of one-time factory consolidation expenses. Additionally, the company strictly controlled operating expenses, with the Q1 operating expense ratio at 8.6%, the lowest in 16 quarters, and the operating profit margin at 7.5%, up 0.8 percentage points quarter-on-quarter.
Chicony further pointed out that although the PC market faced pressure from memory shortages and rising component prices in Q1, PC customers' shipments are moving towards high-value products, and commercial models saw strong shipment momentum. Chicony's high-end LED backlit laptop keyboard adoption rate reached 52% in Q1, exceeding 50% for the second consecutive quarter. Furthermore, Chicony's 2-in-1 laptop/tablet keyboards also benefited from active pull-ins from customers, achieving double-digit year-on-year growth.
In terms of imaging products, Chicony stated that Q1 is typically an off-season for consumer products, but demand for commercial smart video products was robust, achieving double-digit growth. Among these, Chicony is actively deploying Edge AI Vision, integrating AI functions into video surveillance systems, and has successfully shipped smart security products to several European and American brand customers, making it one of the company's important operational drivers this year.
Chicony also announced its April revenue today, which was NT$7.273 billion, down 17.3% quarter-on-quarter and 9.3% year-on-year. Chicony stated that in response to generally rising raw material prices, it implemented a price adjustment plan starting from Q1. It is estimated that Q2 revenue and profit will gradually reflect the effects of these price increases. (Editor: Yang Kai-hsiang) 1150511
Choose to stand with the facts, every sponsorship of yours is a force to protect press freedom.
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