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Zhen Ding Technology Holding Limited, a global leading PCB manufacturer, reported March 2026 revenue of NT$15,443 million, up 31.76% MoM and up 7.18% YoY, reaching a record high for the same period in the company’s history. For the first quarter of 2026, consolidated revenue reached NT$40,728 million, up 1.61% YoY and also marking a record high for the same period.
According to Zhen Ding, its March revenue continued to benefit from robust demand for high-end AI-related products. Among them, server/optical revenue surged by more than 190% YoY, reaching a new monthly record high. Meanwhile, IC substrate revenue also accelerated, driven by strong demand from high-end applications, increasing by over 70% YoY and setting another monthly record. Overall, in the first quarter of 2026, high-end AI applications have clearly emerged as the core driver of the company’s growth. The combined revenue contribution from the server/optical and IC substrate businesses has approached 20% of total revenue, with the product mix continuing to shift toward higher-value products.
Looking ahead, Zhen Ding indicated that starting from the second quarter, as customers’ next-generation platforms gradually enter mass production, momentum in the server/optical business is expected to expand quarter by quarter. IC substrates are also expected to grow quarter by quarter, supported by strong demand driven by AI computing. The company remains optimistic that 2026 will mark the beginning of a new high-growth cycle, signaling the start of accelerated expansion over the coming years. In addition, having reached a shared understanding with several key customers on longterm demand for next-generation advanced AI-related products, Zhen Ding will further increase its 2026 capital expenditures to over NT$80 billion. This investment will be directed toward expanding critical capacity to meet customer demand, strengthen longterm growth momentum, and further solidify its industry leadership.
