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

DATA AND AI INFRASTRUCTURE

Elite Material acquired Far Eastern New Century's factory in Taoyuan for NT$2.78 billion (US$88 million) to enhance operations. The 36,000 square meter facility will increase production capacity by 500,000 copper-coated boards annually.

The company aims to reach a total capacity of 5.85 million boards with new factories in Taoyuan and China, driven by demand from AI servers and data centers. Last year, Elite Material achieved NT$94.24 billion in revenue, a 46.39% increase from 2024, and reported NT$10.91 billion net profit 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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