Ubiqconn Technology (TWSE: 6928) today reports its 2025 first-quarter investor conference to announce its latest financial results and operational updates. Consolidated revenue for the quarter reached NT$611.114 million, representing 18% year-over-year increase and 27% sequential growth. The strong performance was primarily driven by a rebound in demand from maritime customers, with revenue from this segment soaring 90% compared to the same period last year, reflecting continued strong order momentum. Gross margin was 26%, down slightly by 1% from the same period last year but significantly higher than the previous quarter, reflecting the gradual effectiveness of the company’s product mix optimization strategy.
From a regional market perspective, revenue from the European market accounted for 51% of the total, representing a strong 74% year-over-year increase, highlighting the company’s continued investment and solid execution in the region. revenue from the Americas grew 7% compared to the same period last year, maintaining steady growth momentum. Other regions also delivered impressive results, with a 64% year-over-year increase, underscoring their promising growth potential.
Amid growing market concerns over potential tariff hikes in the U.S., Ubiqconn Technology stated that although the policy details remain unclear, the company has proactively initiated internal assessments and is maintaining close communication with its customers to monitor real demand and shipment schedules.
To deepen its presence and enhance service capabilities in the U.S. market, Ubiqconn Technology established a U.S. subsidiary (UNA) as early as 2017. In March 2025, the company’s Board of Directors approved the proposed acquisition of E3 Displays, LLC, a U.S.-based company with its own manufacturing facilities. This acquisition will not only expand Ubiqconn Technology ’s footprint and operational base in the U.S. but also provide strategic flexibility in response to evolving trade policies. Moving forward, the company will evaluate supply chain configurations and shipping strategies based on market conditions to meet growing customer demand for U.S.-based sourcing, reduce potential tariff exposure, and ensure both high-quality customer service and overall operational stability.
Ubiqconn Technology also actively manages foreign exchange risks. As the company’s export revenue is primarily denominated in U.S. dollars and euros, it employs a three-pronged risk management approach—natural hedging, financial instruments, and pricing contract terms—to effectively mitigate the impact of currency fluctuations on operations. According to internal analysis, exchange rates remained within a controllable range during the quarter and did not have a significant impact on profitability.
Looking ahead, although the global economic outlook remains uncertain due to geopolitical tensions, inflationary pressures, and monetary policy shifts, Ubiqconn Technology maintains a cautiously optimistic view of its business prospects. The company will continue to deepen collaboration with key customers, strengthen its local service capabilities, and maintain flexible supply chain management to support its long-term growth objectives.