Memory Shortages Weigh on Notebook Orders as Yuan Yu Reports September Revenue Low
Table of Contents
You might want to know
- How have memory and CPU shortages affected Yuan Yu’s notebook-related business?
- What is the company doing to manage supply risks and prepare for a potential notebook replacement cycle?
Main Topic
Flexible printed circuit board manufacturer Yuan Yu (圓裕, 6835-TW) reported revenue of NT$163 million for September, marking its lowest monthly result in 7 months. The company announced the figure on the 12th. September revenue declined 2.98% from the previous month and 15.43% from the same period a year earlier. Revenue for the third quarter was NT$544 million, down 8.93% quarter over quarter and 10.77% year over year. For the first 9 months, cumulative revenue reached NT$1.718 billion, a year-over-year decrease of 7.52%.
Against this backdrop, Yuan Yu said it is working to keep full-year revenue on par with 2025. The company’s business includes products used in both business and consumer notebooks, and demand from customers in these markets has been affected by shortages of memory and CPUs. With component availability constrained, customers have reduced the pace of their orders, weakening Yuan Yu’s revenue performance compared with the prior year.
The company’s September results reflect the combined effect of a softer ordering pace and supply constraints, rather than a single isolated factor. Memory and CPUs are essential components in notebook production. When customers face difficulty securing these parts, they may adjust procurement schedules and production plans. Such changes can affect suppliers’ shipments and create fluctuations in monthly and quarterly revenue. Yuan Yu’s figures show that its third-quarter revenue was lower than the preceding quarter as well as the corresponding period a year earlier, while its cumulative revenue for the first 9 months also remained below the prior-year level.
To reduce its exposure to the memory shortage, Yuan Yu is actively expanding its products for consumer electronics applications and adjusting its product mix. Broadening the mix is intended to reduce the risks associated with reliance on notebook-related demand that is affected by constrained memory supply. The company’s approach combines efforts to develop additional application areas with efforts to maintain its existing customer relationships and product programs.
Yuan Yu expects the memory shortage to gradually ease. The company also cited stable shipments of consumer electronics products as a factor supporting its goal of keeping full-year revenue on par with 2025. This outlook is presented as a target rather than a guarantee: actual performance will depend on the development of component availability, customer order timing, and the progress of shipments across its product categories.
Artificial intelligence is contributing to the upgrade and replacement of electronic products, according to Yuan Yu. Although higher memory prices have prompted some consumers to take a wait-and-see approach, major notebook customers are still actively developing multiple new models in preparation for a potential notebook replacement cycle. This distinction is important: consumer hesitation related to higher component costs has not stopped customers from preparing new products, even though near-term demand and ordering behavior remain subject to supply and market conditions.
Yuan Yu said it has provided samples of products for new models to several customers. Sampling is part of the company’s effort to position itself for business associated with the expected notebook replacement cycle. It indicates that the company is participating in customer development activities, but the source does not specify the number of models, the timing of commercial production, or the value of potential orders. The company’s stated activity is therefore best understood as preparation for opportunities rather than confirmation of future sales.
Alongside notebook-related business, Yuan Yu’s consumer electronics business has grown steadily since the beginning of the year. The company sees this market as broad, with applications spanning a range of product categories. Its long-term cooperation with international electronics manufacturing services (EMS) customers is an important part of its position in this area. Yuan Yu says its strengths include a high degree of customization and flexible delivery schedules, capabilities that may help it respond to customers’ varied requirements and compete for a wider range of orders.
Customization and delivery flexibility can be particularly relevant when customers operate across multiple product categories or need suppliers to adapt to different specifications and schedules. Yuan Yu’s established cooperation with international EMS companies provides a basis for pursuing this business, while its expanding consumer electronics applications may help offset softness in notebook-related demand. The company has not provided additional revenue breakdowns or quantified the contribution of each application, so the relative scale of these activities cannot be determined from the reported information.
Overall, Yuan Yu faces near-term pressure from a slower customer ordering pace linked to memory and CPU shortages. Its revenue for September reached a 7-month low, and both third-quarter and first-9-month results declined year over year. In response, the company is adjusting its product mix, developing consumer electronics opportunities, and supplying samples for customers’ new notebook models. Its full-year goal remains to keep revenue level with 2025, supported by the possibility of gradually improving memory availability and stable consumer electronics shipments. The company’s ability to approach that target will depend on whether supply conditions improve and whether customer development programs translate into sustained orders and shipments.
Key Insights Table
| Aspect | Description |
|---|---|
| September revenue | NT$163 million, the lowest monthly level in 7 months; down 2.98% month over month and 15.43% year over year. |
| Third-quarter revenue | NT$544 million, down 8.93% quarter over quarter and 10.77% year over year. |
| First 9 months | Cumulative revenue of NT$1.718 billion, down 7.52% year over year. |
| Primary pressure | Memory and CPU shortages have weakened customer ordering momentum for business and consumer notebook products. |
| Risk management | Yuan Yu is expanding consumer electronics applications and adjusting its product mix to reduce exposure to memory shortages. |
| Growth opportunities | The company has supplied samples for new notebook models and reports steady growth in consumer electronics business since the beginning of the year. |
| Full-year objective | Yuan Yu is working to keep full-year revenue on par with 2025. |
Afterwards...
Yuan Yu’s near-term performance will depend in part on how quickly memory availability improves and whether notebook customers resume stronger ordering. At the same time, the company’s work on new notebook models and its established consumer electronics relationships may provide additional avenues for business. Stable consumer electronics shipments and flexible, customized service could help balance demand changes across product categories. The key developments to watch are the pace of component supply recovery, the progress of customer product programs, and whether Yuan Yu can sustain consumer electronics growth while pursuing its goal of keeping annual revenue level with 2025.
Last edited at：2026/10/12
