Power supply unit (PSU) manufacturer AcBel Polytech held its annual shareholders meeting on May 28, presided over by company chairman Jerry Hsu. AcBel posted an operating loss of NT$123 million (approx. US$4.11 million) and a loss after tax of more than NT$30 million in 2024, resulting in dissatisfaction among major shareholders with the company's management.
AcBel is currently using funds on global deployment and transformation, expecting that operations will gradually improve. However, Hsu noted that due to ongoing uncertainty surrounding tariff policies, the repurchasing of company shares will depend on actual operations and market conditions. He noted that the purpose of his external roles is to understand industry trends better so that he can lead AcBel in the right direction, adding that these positions are unpaid.
AI to drive growth
Hsu pointed out that although the company will continue to face challenges in 2025 due to impacts from external factors, the mass production of AI servers, which started at the end of 2024, is expected to ramp up gradually by the third quarter of 2025. Revenue from AI-related products, including AI PCs, is anticipated to account for more than 10% in 2025. As a result, Hsu emphasized that the company has not revised its operating outlook and remains committed to its growth targets.
AcBel has been continuously transforming and adjusting its operations in recent years, zeroing in on the AI wave by focusing on devices, edge computing, and the cloud. General manager YH Leu stated that the AI boom will trigger a new notebook replacement wave, and expects a large number of AI PCs will be launched between the second half of 2025 and 2026. The power supply required for these devices will increase to 65-100 watts or more. Related products have already been introduced.
Expanding power solutions
In regard to edge computing, AcBel focuses on high-wattage products ranging from 3,000 to 5,000 watts. In addition to product development, some products are undergoing customer testing. With the computing efficiency of large-scale data centers increasing, the company has developed the 33kW PowerShelf rack power supply. The solution, which was certified in early 2025, is currently being tested by customers and will enter mass production in the near future.
As for the development of vertically integrated power solutions, Leu revealed that onboard technology from subsidiary OmniOn Power complements AcBel's technology. Going forward, the two companies will deepen their cooperation to provide customers with the most suitable solutions.
AcBel currently has production bases in China, the Philippines, and Taiwan. Leu stated that the Kinpo Group also has a number of production bases overseas, including in Southeast Asia and the Americas. In the future, AcBel will work with the group to maximize synergies in response to customer orders.
Article translated by Eifeh Strom and edited by Jack Wu
