AI demand is strong, Yageo*’s revenue hits record high in September

Yageo (2327), the leader in passive components, announced today that its self-integrated consolidated revenue in September was 17.068 billion yuan, a monthly increase of 4.5% and an annual increase of 46.1%, setting a new record in single-month revenue. It has hit a new high for 7 consecutive months; in the third quarter, self-integrated consolidated revenue was 49.531 billion yuan, an increase of 11.4% from the previous quarter, and an increase of 49.7% from the same period last year, setting a new record for single-quarter revenue; the cumulative self-consolidated revenue from January to September was 132.154 billion yuan, an increase of 36.3% from the same period last year.

Yageo said that its consolidated revenue in September increased compared with August, mainly due to the continued strong demand for AI-related applications, as well as the recovery of customers' purchasing power after the summer holidays in Europe and the United States. Among them, shipments of standard products and special products have shown steady growth, and various terminal application fields have also maintained moderate growth.

Looking forward to the future, Yageo pointed out that as the demand for AI applications continues to grow, the electronic components industry is undergoing structural changes, and the company will continue to pay close attention to relevant developments. Although there are still uncertainties in the geopolitical situation, customer inventory levels currently remain healthy. The company will prudently respond to changes in the economic environment and make flexible adjustments to reduce the impact of tariff policies and exchange rate fluctuations.