Kingboard (2355-TW), a major manufacturer of automotive printed circuit boards (PCBs), reported stable demand from global automakers, with H1 2026 revenue reaching NT$9.77 billion, a 6.17% year-on-year increase. The shipment ratio of automotive PCBs rose to 77%, exceeding the 2025 average of 75%. Additionally, the share of network communication PCBs, including aerospace and low Earth orbit (LEO) satellite boards, reached 5%. Analysts are optimistic that Kingboard’s overall operations in 2026 will surpass the previous year.

Kingboard has benefited from the recovery in the automotive market and steady progress in expanding into industrial control electronics. The company has also mitigated the impact of rising copper-clad laminate (CCL) material costs by gradually passing these increases on to customers.

For H1 2026, Kingboard recorded revenue of NT$4.056 billion, a gross margin of 12.13% (up 0.45 percentage points year-on-year), post-tax net profit of NT$426 million (up 39.45% year-on-year), and earnings per share of NT$1.07.

Kingboard noted that despite fluctuations in international oil prices, underlying vehicle replacement demand remains stable, supporting steady sales of its automotive PCBs. Meanwhile, the company’s active expansion into industrial electronics control, aerospace, and communications sectors has begun contributing to revenue. Notably, its industrial control PCBs secured new orders from Hsinchu this year, with the proportion of industrial control boards rising rapidly—likely driven by increased demand due to AI-powered automation in manufacturing.

In H1 2026, the automotive PCB shipment ratio reached 77%, up from the previous year’s average of 75%. The share of network communication PCBs, including aerospace and LEO satellite boards, also stood at 5%. The much-watched LEO satellite and aerospace PCBs have already entered mass production and are classified under the company’s network communications revenue segment.

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  • Source: PR Times
  • Category: News