Phoenix Pioneer technology (6920) Investor presentation summary

Financial performance and growth

• Revenue in 1H26 reached NT$953 million, up 23% HoH and 40% YoY, with a return to profitability and positive EBITDA of NT$216 million.

• Q2 2026 gross margin exceeded double digits, with YoY growth of 61% and QoQ growth of 41%.

• Net profit for 1H26 was NT$6 million, reversing losses from previous periods.

Capacity expansion and investment

• Capacity expansion plans from 2026 to 2028 include doubling current capacity and adding new fabs.

• Capital expenditure for 2026 increased from NT$300 million to NT$1.3 billion, with further investments planned for 2027.

Technology and product development

• Focus on advanced AI power substrates, high-voltage and high-power density GaN/SiC solutions.

• C2iM® and C3iM® technologies drive next-gen AI power architecture and advanced packaging.

• Product roadmap includes high-voltage, medium-voltage, and low-voltage solutions, with ongoing HVM and sampling.