Fitipower expects Q2 revenue growth over Q1, plans price hikes

(Central News Agency reporter Chang Chien-chung, Hsinchu, 11th) Lin Yung-chieh, Chairman of Fitipower Integrated Technology Inc., a display driver IC manufacturer, stated today that all products, including display driver ICs and power management ICs, will see comprehensive growth in Q2, driving overall Q2 revenue to increase compared to Q1. He added that H2 revenue will also be better than H1. In response to rising costs, the company will adjust product prices.

Fitipower held an online investor conference to explain its Q1 operational results. Fitipower's Q1 revenue was NT$4.501 billion, a 12.98% increase QoQ, with a gross profit margin of 27.8%, a 0.04 percentage point increase from Q4 2025. Net profit attributable to the parent company was NT$224 million, an 18.07% increase QoQ, with EPS of NT$1.86.

Fitipower pointed out that driven by the strong growth of Electronic Shelf Label (ESL) products, other semiconductor revenue significantly increased, climbing to 34.95% of total revenue, making it the main growth driver for Q1 revenue.

Looking ahead, Lin Yung-chieh said that Q2 revenue is expected to grow compared to Q1, with all product lines seeing growth, and H2 performance will be better than H1. With rising costs, Fitipower will increase product prices.

Lin Yung-chieh stated that in Q1, power management and other semiconductor products accounted for about 46% of total revenue, and he hopes this proportion can exceed 50% within 3 to 5 years. (Editor: Chang Chun-mao) 1150511

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