
TECO, a major electromechanical manufacturer, held a 70th anniversary forum and celebration meeting today. Chairman Li Mingxian said that it will integrate its past experience and transform to cultivate business opportunities in energy, AI data center infrastructure and power vehicles.
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TECO was founded 70 years ago. In recent years, TECO has been actively transforming from traditional mechanical and electrical equipment to deploy energy and AI infrastructure.
TECO held a 70th anniversary forum and celebration meeting today. The picture shows Chairman Li Mingxian. (Photo by reporter Ou Yuxiang)
TECO (1504), a major electromechanical manufacturer, celebrates its 70th anniversary this year and held a forum and celebration meeting today. Chairman Lee Ming-hsien said that TECO has transformed and upgraded by integrating its products and experience over the past 70 years, cultivating business opportunities in energy, AI data center infrastructure, and power vehicles, and moving towards the next 10 years, aiming to become the core driving force for the development of global electrification, intelligence, and green energy.
TECO has been actively exploring AI business opportunities in recent years, including expanding modular AI data center business opportunities. Lee Ming-hsien pointed out that traditional data center construction takes 18 to 24 months, but driven by the global AI wave, computing power and cloud companies expect to accelerate. TECO's modular products can shorten the construction time to 9 months, and master the key capabilities of integrating power, cooling, engineering and energy management, which can lead the market.
Li Mingxian also said that computing power is moving from being concentrated in the five major cloud service providers to gradually spreading to edge AI and sovereign AI of various countries, industries, communities and even individual companies, moving towards a decentralized business model. TECO's data center project performance in the past 20 years has accumulated 1GW, and it will continue to seize business opportunities through modular upgrades of electromechanical and energy products.
Benefiting from the gradual development of demand for mobile vehicles such as drones and humanoid robots, TECO has also developed products such as robot joints, drone power systems, and electric bus axles. The market share of electric bus power systems in Taiwan has exceeded 85%. Lee Ming-hsien pointed out that there are still common capabilities behind different markets, including power, cooling and the control of energy systems, integrating various products and providing customers with a complete set of solutions.
Looking forward to the vision for the next 10 years, Lee Ming-hsien said that TECO has accumulated achievements and capabilities in motors, power systems, electromechanical engineering, etc. over the past 70 years. In the next 10 years, TECO will focus on value creation and integrate and upgrade the experience of the past 70 years. He hopes TECO will become the core development driver of global electrification, intelligence and green energy, and drive the continuous advancement of the AI era.

Electromechanical giant TECO held a 70th anniversary forum. Chairman Li Mingxian said that the revenue target of 100 billion yuan in the next two to three years remains unchanged. Overseas revenue is expected to exceed half next year, and AI infrastructure and power systems will become engines of rapid development.

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