Zhen Ding Technology Reports December 2025 Revenue, Sets New Annual Record

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Zhen Ding Technology Holding Limited, a global leading PCB manufacturer, reported December 2025 revenue of NT$19,321 million, up 6.62% MoM and up 22.70% YoY, marking the second-highest level for the same period. Fourth quarter revenue reached NT$56,870 million, up 20.06% QoQ and up 1.31% YoY, driving quarterly revenue to a new high. For the full year 2025, consolidated revenue reached NT$182,522 million, up 6.33% YoY, setting a new all-time high.

According to Zhen Ding, consolidated revenue in December sustained a positive growth trajectory, with MoM increases across all four major application segments. Among them, the server/optical/other segment delivered the strongest growth, with monthly revenue surging by more than 30% MoM and 70% YoY; meanwhile, the IC substrate segment also maintained solid MoM and YoY growth. Revenue from both segments reached new monthly highs, underscoring that the company’s investments in high-end AI applications are gradually translating into tangible growth drivers. Overall, fourth-quarter revenue performance was in line with the company’s prior expectations, increasing 20.06% QoQ and 1.31% YoY, bringing quarterly revenue to the peak level for 2025 and the highest quarterly level in the company’s history.

Looking ahead to 2026, Zhen Ding indicated that customer demand for high-end applications remains strong, including AI servers, optical communications, IC substrates, as well as AI application products, with the related revenue contribution expected to continue expanding. At the same time, high-end capacity in Huai’an, Thailand, and Kaohsiung will progressively come online and gradually deliver operational benefits, and the company currently has 10 manufacturing facilities under active construction, with planned capital expenditures expected to exceed NT$50 billion in 2026. Overall, 2026 is expected to see a period of accelerated growth, with revenue to reach a new high.