Huang Fangbo, general manager of LED automotive lighting module manufacturer Lianjia, stated at an investor conference on the 22nd that the company has officially launched diversified operations. The long-planned Mini LED business and the foray into AI computing power services are expected to make significant progress next year. The establishment of two subsidiaries aims to generate profits next year. With orders on hand for the core automotive business exceeding NT$10 billion, shipments will be accelerated next year. He is optimistic that the revenue growth momentum next year will maintain the level of this year at 30%, and continue to strive for new highs.
North America is Lianjia's largest supply market. Huang Fangbo pointed out that the company currently supplies North America mainly from nearby locations. In addition to the new factory in Mexico, the existing Michigan factory has been transformed into a logistics and testing center, but still retains some automated production lines. Recently, it has received new orders and will subsequently accept orders from projects and make flexible arrangements.
The Mexican plant, currently under construction, is located near customer facilities, which will reduce production and transportation costs. Trial runs are expected to begin in July next year, and mass production will commence in 2026 after certification. The new plant has already secured two large orders, with delivery anticipated in 2026.
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Huang Fangbo stated that the Mexican plant is expected to be profitable in its first year of operation, with shipments commencing in 2026. He anticipates that by 2028, the Mexican plant will become the highest-revenue and most profitable plant in the Lianjia Group. Lianjia will supply nearby customers, and initially will not be affected by potential tariff increases from the United States.
Lianjia's revenue for the first three quarters was NT$4.205 billion, a year-on-year increase of 31%, with a net profit after tax of NT$76 million, a year-on-year increase of 378%, and a net profit per share of NT$0.37. Currently, both its factories on both sides of the Taiwan Strait are operating at over 100% capacity, and new orders are expected to be shipped in large quantities next year. After starting to ship Tesla CyberTruck front light modules this year, Lianjia's increased shipments will boost revenue as sales are projected to reach 150,000 vehicles next year.
In terms of diversified layout, Lianjia has been involved in Mini LED next-generation screens for a long time and will start shipping in the fourth quarter. In addition to supplying the well-known Italian restaurant in Taipei 101, the company has also established the Ultimate Catering Business, investing in a European restaurant in Xinyi District to create an immersive restaurant with Mini LED. The goal is to start contributing to profits in the first year and help expand the shipment of Mini LED products.
Furthermore, Lianjia is actively expanding into the AI field. Huang Fangbo stated that its subsidiary, Jiayuan, has partnered with Lucent Technologies, a subsidiary of GE, to enter the AI computing power service sector. Last month, they signed an MOU to jointly assist clients in establishing distributed edge computing centers, with significant progress expected in the first quarter of next year. (Source: Commercial Times)
