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Elite Material Acquires Taoyuan Factory for $88 Million to Expand Operations

DATA AND AI INFRASTRUCTURE

Elite Material has acquired a Taoyuan factory from Far Eastern New Century for NT$2.78 billion (US$88 million) to boost its production capacity by 500,000 copper-coated boards annually. This expansion aims to meet rising demand from AI servers and data centers, increasing the company's total capacity to 5.85 million boards across new facilities in Taoyuan and China. In the previous year, Elite Material reported a revenue of NT$94.24 billion, marking a 46.39% increase, and a net profit of NT$10.91 billion for the first three quarters, up 57.45% year-on-year.

Elite Material Acquires Taoyuan Factory for $88 Million to Expand Operations
Jan 28, 2026, 2:25 PM

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