CAEC hits record May revenue on UPS battery demand for semiconductor factories

Digitimes
By Jingyue HsiaoJun 11, 2025, 4:46 am171 pts
Chang Ascending Enterprise Co. (CAEC) reported a record consolidated revenue of NT$61.15 million (US$2.04 million) for May 2025, buoyed by growing demand for lithium iron phosphate (LiFePO4) battery modules used in uninterruptible power supply (UPS) systems. The company credited the milestone to the start of…

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