Hosiden Q3 EPS Hits 1.42 Yuan, Plans 1.4 Billion Yuan Land Acquisition for Expansion

Hosiden (3605-TW), a connector manufacturer, reported Q3 net income of 244 million yuan with earnings per share of 1.42 yuan, bringing nine-month cumulative EPS to 3.31 yuan. The company's board approved acquiring land and buildings in Taoyuan's Zhongli District for up to 1.4 billion yuan to expand production capacity and support medium-to-long-term growth.

Looking ahead, Hosiden expects AI-related high-speed and high-power product revenues to grow sequentially as global AI server and ASIC demand remains robust, offsetting seasonal weakness in consumer electronics, networking, and laptop markets.

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