Overview

Chicony was founded in February 1983, and was listed on the Taiwan Stock Exchange in 1999 (stock code: 2385). With over 40 years of experience, the Company has established a presence across Asia (Taiwan, Mainland China, Thailand, Japan), Europe (Czech Republic), and the Americas (United States). Its subsidiaries, Chicony Power and XAVI, are also publicly listed companies in Taiwan. We adhere to the business principle of "No Quality, No Sales," providing our customers with the highest quality service while continuously generating revenue growth to meet the expectations of our stakeholders.

 

We base our business development on computer peripheral products and consumer video imaging products. Our four major product lines include input devices, portable keyboard modules, video imaging products, and camera lens modules. Among these, keyboards, webcams, and laptop camera modules have emerged as leading products in global manufacturing. We sell our finished products to downstream assembly plants or brand manufacturers that are leaders in the technology industry.

Chicony Operational Sites

  • Management Philosophy

  • Corporate Culture

  • Management Approach

Operational Overview

Chicony has long-established leadership in its three core business segments, keyboards, imaging, and power supplies, backed by a diversified product portfolio. As the global economy demonstrates resilience in 2026, the notebook market is entering a substantial replacement cycle driven by AI PCs, with penetration expected to exceed 50%. This trend is projected to fuel shipments of high-end backlit keyboards and premium gaming peripherals in the retail market. In the imaging segment, the Company continues to pioneer Edge AI vision solutions, integrating Vision-Language Models (VLM) to empower cameras with advanced comprehension and response capabilities for security, fleet management, and healthcare applications. Meanwhile, its subsidiary, Chicony Power, maintains its pivotal role in the notebook power supply industry while aggressively penetrating AI data center infrastructure through a "virtual vertical integration" strategy. Another subsidiary, XAVi Technologies, is focusing on AIoT and defense-sector innovations, which are poised to become new engines of revenue growth.

 

IThe Company is proactively navigating 2026 challenges, including component price volatility and global supply chain de-risking. By integrating Group resources, Chicony remains committed to R&D for its niche products in keyboards, power supplies, and imaging. With steady expansion in non-PC sectors such as gaming, servers, smart homes, and satellite communications, resources will be strategically concentrated on high-value-added applications to offset the impact of minor fluctuations in notebook shipment volumes. For 2026, Chicony estimates a total sales volume of approximately 180.2 million units for computer peripherals, digital imaging, and electronic products. Its subsidiaries, Chicony Power and XAVi, project sales volumes of approximately 136 million and 6.5 million units, respectively.

Main Products

A
Main Product Revenue
Unit: NT$1,000

 

 

Operational and Financial Performance

A sound financial structure is key to the sustainable operation of the Company and serves as a strong support for the ongoing implementation of various sustainability projects. Each department prepares its operating budget and capital expenditure budget annually. Following approval from the highest level of management, the operational status is reported during board meetings and various operational review meetings. This process facilitates real-time monitoring of operational performance and the progress and results of budget execution.

 

The Company hires an independent certified public accountant (CPA) to regularly audit the Company's financial status and internal controls. Furthermore, in accordance with the Corporate Governance Best Practice Principles, we evaluate the independence and suitability of the appointed CPAs annually by referencing the Audit Quality Indicators (AQIs). Each year, the accounting firm issues a "Communication Letter with Governance Body," which includes the statement of roles and responsibilities of the lead accountant and the independence declaration of the auditing accountant. Chicony regularly conducts inspections through its shareholder services unit to confirm that the CPA does not hold any shares in the Company and is not concurrently serving in any position within the organization. The independence of the CPA is assessed, and the results of this assessment are reported to the Board of Directors (BOD).

Financial Performance

 

Unit: NT$1,000

Note: Consolidated Financial Statement Data.

Operational Performance

Unit: NT$1,000

Note: Consolidated financial statement data; net income after tax attributable to the owners of the parent company.

 

 

Tax Governance

The tax governance unit of the Company is coordinated and planned by the Finance Management Department of HQ. In response to the trends in tax governance, we adhere to relevant internal promotion regulations, transparently disclose information as required, and implement the principles of corporate tax management. All relevant tax payment situations are verified by an accounting firm and reflected in the financial statements.

 

  1. Tax Policy
    The tax governance unit of the Company is coordinated and planned by the Finance Management Department of HQ. In response to the trends in tax governance, we adhere to relevant internal promotion regulations, transparently disclose information as required, and implement the principles of corporate tax management. All relevant tax payment situations are verified by an accounting firm and reflected in the financial statements.

  2. Tax Management Principles
    (1) Compliance with Laws: Adhere to the tax laws of various countries, including, but not limited to, regulations concerning tax reporting, payment, documentation management, and information disclosure.
    (2) Honest Tax Practices: Uphold the principles of honesty and integrity, accurately calculate and timely pay all taxes owed, and refrain from any form of tax evasion or avoidance.
    (3) Risk Management: Regularly assess tax-related risks, and proactively identify, evaluate, and respond to potential tax risks.
    (4) Professional Services: Engage qualified tax consultants to provide advisory and filing services to ensure accuracy and compliance in the Group's tax matters.
    (5) Transparency of Information: Maintain transparency in tax-related information, foster good communication with tax authorities in various countries, and actively cooperate with tax audits.
 

Tax Information

  2022 2023 2024 2025
Net Profit Before Tax (NT$ million) 11,197 11,273 13,296 9,125
Income Tax Expense (NT$ million) 2,181 2,273 2,592 1,470
Income Taxes Paid (NT$ million) 2,014 2,522 2,140 1,697
Effective Tax Rate (%) 19.5 20.2 19.5 16.1
Cash Tax Rate (%) 18.0 22.4 16.1 18.6

Notes:

  1. Effective Tax Rate = Income Tax Expense ÷ Net Profit Before Tax x 100%

  2. Cash Tax Rate = Income Taxes Paid ÷ Net Profit Before Tax x 100%

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