Revenue Reaches Record High of NT$1.6 Billion; SynPower (6658) Approved to Apply for TWSE Listing

Emerging stock company SynPower (6658) is committed to developing smart manufacturing integration for PCB industry product technologies. Under its “AVRIOT” brand, the company has established dedicated R&D departments and combined them with nearly 20 years of optical vision application expertise. Related technology solutions have already achieved results at customer sites. On the 23rd, the Board of Directors approved the financial statements. In 2022, revenue reached NT$1.6 billion, setting a record high since the company’s establishment. Gross margin reached 25%, and EPS reached NT$3.97, delivering strong results. The company’s technical capabilities have also been recognized by the Industrial Development Bureau. SynPower obtained an approval letter for technology enterprise status from the Industrial Development Bureau in January this year and will submit its stock listing application according to the planned schedule.

In recent years, the rise of 5G communications, high-performance computing, and other applications has driven upgrades in end-product design. This has also pushed Taiwan toward high-end PCB product deployment and advanced technology development. As back-end packaging companies need to bond tiny active and passive components onto PCB surfaces, the thickness uniformity, flatness, and circuit precision of PCB boards have become new challenges.

Founded in 2002, SynPower initially developed through both equipment agency services and proprietary technology. With advanced inspection equipment, customized wet-process solutions, and AVRIOT as its three main development directions, the company has gradually focused on machine vision applications and advanced automation process equipment as the core of its operations in the printed circuit board (PCB) industry.

Looking ahead, driven by trends such as 5G, AIoT, and electric vehicles, demand in the global PCB and semiconductor industries continues to strengthen, also driving rising needs for product specification upgrades and process advancement. To expand services for industries and customers, SynPower has established additional operating locations in Dongguan in South China, Kunshan in East China, Qinhuangdao in North China, Thailand, and Chennai, India. It is also carrying out related merger and acquisition strategies to provide a more complete product line and maintain its industry-leading position. In addition, through its listing application, SynPower aims to further increase corporate visibility, attract outstanding talent, and raise the operating capital needed for future growth.