TAIPEI (Taiwan News) — Taiwan’s two major power supply manufacturers reported strong April revenue, supported by continued demand for artificial intelligence data center power management equipment.
Delta Electronics posted its second-highest monthly revenue on record. Lite-On Technology recorded its strongest April performance in seven years, according to CTEE.
Institutional investors said both companies have established clear positions in key AI server technologies, including power supply solutions, backup battery units, and liquid cooling systems. They added that operations are expected to maintain an upward trend in the second quarter.
Delta Electronics reported April revenue of NT$58.7 billion (US$1.9 billion), up 43.9% from a year earlier. Revenue for the first four months of the year reached NT$218 billion, up 36.5% year-on-year and the highest for the period in company history.
By segment, its power electronics and component solutions business accounted for 54% of April revenue. This was followed by infrastructure solutions, including energy and data center-related systems, at 33%.
Analysts said demand remained solid as major cloud service providers continued expanding investment in AI infrastructure. They noted that competition in liquid cooling systems could intensify as customers diversify their supplier base.
Still, demand for AI-related cooling equipment is expected to continue rising as liquid cooling is more widely adopted in high-performance AI servers to improve heat management compared with traditional air cooling. Analysts expect Delta Electronics’ second-quarter revenue to grow by a double-digit percentage from the first quarter.
Lite-On reported April revenue of NT$16.7 billion, up 24.5% year-on-year. Revenue for January through April totaled NT$60.1 billion, up 21% from a year earlier.
The company said its cloud and Internet of Things business accounted for 53% of April revenue, supported by strong shipments of high-end server power supplies and BBUs, which provide temporary backup power to servers during outages or sudden interruptions. Revenue from the segment rose more than 50% from a year earlier.
Analysts expect Lite-On’s core businesses to post both quarterly and annual growth in the second quarter. The company has expanded shipments of next-generation AI power management products and begun shipping high-end power cabinets designed for AI data centers.
It has also started limited shipments of liquid cooling solutions. Its 800-volt direct current products are expected to complete customer verification in the second half of the year.
