Yageo reported year-over-year and month-over-month revenue growth for November 2025, driven by the acquisition benefits from Japan-based Shibaura Electronics and robust demand for high-end components and AI-related applications.
The company expects fourth-quarter 2025 revenue to remain broadly in line with the third quarter, with gross margin and operating margin showing slight quarterly improvement. Although demand in consumer end-markets has continued to soften, AI customers have maintained strong order momentum, supporting shipment levels and helping the traditionally slow season hold firm. Yageo forecasts its average book-to-bill ratio to remain above 1.
Yageo's AI-related revenue accounted for 10-12% of its total in the third quarter of 2025, buoyed by rising contributions from North American cloud and enterprise markets. Electric vehicles and communications demand have also fuelled orders for high-end passive components and sensors. The company is optimistic about full-year growth across all product lines in 2026.
Yageo posted consolidated self-reported revenue of NT$12.265 billion (approx. US$393 million) for November 2025, up 8% from October and 22.4% higher than a year earlier, setting a new monthly record. In US-dollar terms, revenue increased 6.3% MoM and 27.1% YoY.
Cumulative consolidated revenue for the first eleven months of 2025 reached NT$120.579 billion, a 7.5% increase from the same period in 2024, or 10.6% higher when converted into US dollars.
Article edited by Jack Wu
