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.

Jan 28, 2026, 2:25 PM