Wiwynn Corp. reported unprecedented first-quarter profits as artificial intelligence and cloud computing drive explosive demand for its server products. The Taiwan-based company’s net income soared 108% year-over-year to NT$9.79 billion (US$307 million), with earnings per share reaching NT$52.7.
The server manufacturer’s board also announced that President Lin Wei-yuan will concurrently serve as CEO, effective immediately. Lin, who became president in June last year, takes over the executive role left vacant when former CEO Zhang Shun-lai stepped down due to health issues.
Revenue surged 145.1% year-over-year to NT$170.66 billion (US$5.35 billion), though profitability metrics showed slight compression. Gross margin fell 2.4 percentage points to 8.7%, while operating margin decreased 1.4 percentage points to 7.02%.
Wiwynn, which counts major tech giants among its clients, is expanding its global manufacturing footprint to strengthen supply chain resilience. The company previously approved plans for a new factory in Texas despite acknowledging “high manufacturing costs” in the U.S. Chairwoman Hong Li-ning indicated the American facility would complement operations in Mexico, where tax advantages under the USMCA trade agreement create regional synergies.
The server maker is also accelerating automation initiatives to counter rising global labor costs and meet efficiency targets.
