Yow Sheng Re-elects Chairman, Appoints New President, Eyes High-Margin Niche Products

Yow Sheng, a magnetic component manufacturer, has seen its Chairman Su Hao-hsi re-elected and welcomed Shen Te-ching as the new president following its shareholder meeting. The company is strategically pivoting to focus on four high-margin niche product lines, signaling a move towards diversification and higher-value offerings.

The newly appointed leadership will steer the company's operations towards AI high-power power supplies, patented low-temperature cooling materials, semiconductor testing, and FDA-certified medical devices. This strategic focus aims to capitalize on emerging markets and technological advancements.

Last year, Yow Sheng reported a revenue of NT$1.92 billion, marking a 26.05% year-on-year increase. This growth was significantly boosted by the expansion of its new ventures, particularly in the pharmaceutical and medical device sectors. However, the company incurred a net loss of NT$78 million, with a loss per share of NT$0.82, attributed to ongoing market development and operational adjustments in these nascent business areas.

Yow Sheng is actively developing next-generation high-power magnetic components, including 3.2kW, 5.5kW, and 6kW specifications. These are primarily designed for AI server power systems and high-efficiency power equipment. The company is collaborating with major Taiwanese and Korean clients for validation and integration, with mass production expected as clients launch new platforms.

Furthermore, Yow Sheng is investing in AI-related material technologies. It has secured exclusive distribution rights for an "tin-bismuth solder paste" invention patent, a material designed for low-temperature applications in high-power electronic equipment cooling modules. This material has successfully completed testing with module manufacturers and entered small-scale trial production. The company anticipates expanding its application scope and market reach for this advanced material in 2026, aiming to establish a new growth engine for its materials business.