Fueled by an unprecedented surge in AI-related infrastructure projects, Taiwan’s domestic construction materials leader reported record-breaking revenue for May — defying what is typically a seasonal slump for the concrete industry.

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 mass production validation for UPS battery modules and battery management systems (BMS) supporting next-generation semiconductor manufacturing facilities.

Taiwan’s renewable energy market has experienced rapid development in recent years, drawing substantial investment from international firms. Adam Pegg, Chief Operating Officer for Asia Pacific at Lightsource bp, Europe’s largest solar energy developer, emphasized that Taiwan’s strong policy support provides stable expectations for investors and solid growth potential. These advantages make Taiwan a strategic hub for Lightsource bp’s expansion across the Asia-Pacific region.

PCB wet process equipment and semiconductor materials agent Ampoc recently announced a strategic technical partnership with South Korean semiconductor materials leader DCT Material. The collaboration aims to expand their presence in the Asian market and capture opportunities in the global advanced semiconductor process high-end materials sector, potentially breaking the long-standing monopoly held by certain major players.