Where do rivals beat it, and what does each gap cost?
Chenbro Micom's exposure is concentration: revenue growth depends on AI server chassis demand from U.S. customers, and more than half of revenue comes from the U.S.
Chenbro Micom's third-quarter 2026 gross margin fell to 25.8% from 32.6% in the prior quarter.
2Growth Drivers
What could change its growth trajectory, and what would confirm it?
Chenbro Micom's growth through 2025 was demand-led, powered by AI server chassis demand. Revenue rose 52% to a record NT$22 billion in 2025, with more than half coming from the U.S., while net profit rose 84% to NT$3.6 billion.
Chenbro Micom's third-quarter 2026 revenue reached NT$7.395 billion, up 30.5% year over year, while gross margin fell to 25.8% from 32.6% in the prior quarter.
3Product Overview
What does the product do for its buyer, and how is it delivered?
Chenbro Micom markets chassis as a configurable mechanical platform, available to buyers either as standard products or through customer-specific design and manufacturing programs. The company develops, designs, and manufactures server chassis built around a modular concept. Chenbro also produces integrated chassis for rackmount servers, tower servers, and personal computers.
Chenbro offers three service models: OTS, JDM/ODM, and OEM Plus. The company's models provide product options ranging from server Level 3 to Level 6.
