Taiwan’s Magnate Technology (晐田科技), a maker of precision components for aircraft engines and semiconductor equipment, booked NT$1.56 billion in revenue in the first nine months of 2026, up 32.43% from a year earlier, and expects a new plant to start contributing revenue in July 2027. The company, which trades on the Taipei Exchange under ticker 4541, presented these figures at its October 22 investor meeting, where it named commercial aviation and chip manufacturing equipment as its two growth engines.
Magnate Technology in 20 seconds
- Revenue reached NT$1.56 billion through September, up 32.43%, and it expects to close 2026 near NT$2 billion.
- It makes parts for CFM’s LEAP engines and shafts and housings for dry vacuum pumps used in chipmaking.
- Its new plant is set to start production in June and July 2027.
Headquartered in Luzhu, in Kaohsiung, the company produces turbine supports and engine housings, landing gear components, and flight control actuators, along with parts for dry vacuum pumps, equipment essential to semiconductor fabs. According to the Taiwanese financial outlet StockFeel, Huang Kun-yu, the company’s deputy director, expects revenue of around NT$2 billion for all of 2026 and a record profit, with a gross margin of around 24% so far this year.
Aviation Accounts for Nearly Three-Quarters of the Business
Most of the company’s revenue comes from aviation, split between two models. In the first, the customer supplies the material and Magnate machines it: this business brought in NT$750 million through September, up 29.19%, with a gross margin of around 24%. In the second, the company itself buys the material, which boosts revenue but not profit: it grew 70.49%, to NT$391 million, but leaves a margin of barely 5%, since the material accounts for around 80% of the sale price. Together, the two account for around 73% of revenue.
Its main customers in 2025 were Taiwan’s AIDC, with 37% of revenue, Safran Landing Systems (10%), SPP (5%), EVA Air’s aerospace division (4%), and Proterial and Moog (3% each). The company works on parts for the CFM LEAP-1A and LEAP-1B engines, which power the Airbus A320neo family and the Boeing 737 MAX. The company says its parts serve both new aircraft and maintenance, and that this market has no alternative third-party or refurbished parts. Its dependence on a few customers is high: in 2025, AIDC and its top semiconductor customer alone accounted for 60% of revenue.
Semiconductors, the Highest-Margin Business
The semiconductor division brought in NT$360 million in the first nine months, up 26.13%, and accounts for around 23% of sales. It is the most profitable, with a gross margin above 35%. It mainly makes shafts and housings for dry vacuum pumps, and its main customer, a major vacuum pump maker the company does not name, accounted for 23% of 2025 revenue. According to Magnate, its main competitor also uses its products. The rest of its precision parts business fell 28.61%, to NT$59 million.
A New Plant for 2027
To meet demand, the company has raised around NT$800 million through a capital increase and a convertible bond issue, above the roughly NT$700 million initially planned. Of that, between NT$260 million and NT$270 million will go toward equipment for engine supports, and civil works will cost about NT$100 million more than planned due to more demanding electromechanical installations. The plan is to move all LEAP engine production to the new plant and dedicate the old one to semiconductor parts.
The timeline is tight. Civil works must finish by April 2027, the production lines will be installed in May, the new engine-support capacity will start up in June, and series production of semiconductor parts will begin in July, after which the company expects revenue to rise clearly. It has not detailed the plant’s capacity. For 2027, it is currently working with an internal forecast of double-digit growth, without further detail, with a margin similar to 2026’s. Management itself admits it tends to be conservative and will give a firmer figure in November, after the board approves the quarter’s accounts on the 5th.
Frequently Asked Questions
What does Magnate Technology make?
Precision parts for aircraft engines, landing gear, and flight actuators, plus shafts and housings for dry vacuum pumps used in semiconductor manufacturing.
How much revenue did it book in 2026?
NT$1.56 billion in the first nine months, up 32.43% from a year earlier. It expects to close the year near NT$2 billion.
When will its new plant come online?
The company expects engine-support capacity to start up in June 2027 and series production of semiconductor parts in July 2027.
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