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E-Elements Technology is listed on the Taipei Emerging Stock Market September 30 - with the highest price increase on the first day reaching 126.25%
Taipei, Taiwan – E-Elements Technology Co., Ltd. (referred to as “E-Elements”, stock code 6842) is listed on the Taipei Emerging Stock Market on September 30th. The opening price was NT$ 40, and the performance in the morning session was strong, reaching a high of NT$ 90.5, with an increase of up to 126.25%.
China Trust Securities Co., Ltd. (referred to as “CTBC Securities”) guided E-Elements Technology to list on the Taipei Emerging Stock Market. Founded in 2005, E-Elements is a certified partner of the American semiconductor giant Xilinx in the Greater China region. With system-on-chip (SoC) applications using Field Programmable Gate Array (FPGA) as its core technology, E-Elements develops various high-speed computing platforms. According to the latest forecast by market research firm Semico Research, the market size of data center-grade computing acceleration chips is expected to grow from USD $28.4 billion in 2018 to USD $211.9 billion in 2023, with FPGA showing the most significant growth momentum. Benefiting from this trend, E-Elements reported consolidated revenue of approximately NT$85 million in August this year, a 30.99% increase from the same period last year. Cumulative revenue from January to August this year exceeded NT$700 million, a growth of 43.15% compared to the same period last year.
E-Elements excels in integrating processor-based hardware and software framework for high-performance and low-latency computing systems, reducing system power consumption and development costs. Its customizable design architecture is highly flexible and enables rapid mass production, focusing primarily on innovative and specialized application markets. These design services are broadly applied in fields such as artificial intelligence, financial technology, wireless communications, aerospace and defense, and IC design verification platforms.
E-Elements offers turn-key manufacturing services aiming at eliminating customers’ burdens on system production, allowing them to concentrate on their application software development. Additionally, E-Elements actively develops innovative application integration solutions.
About E-Elements Technology
E-Elements Technology was founded in 2005, primarily engaging in developing advanced FPGA system products, system design services, education/training, technical consultation, and assisting universities in establishing FPGA-based system design laboratories. Our aim is to provide customers with leading SOC/FPGA/ASIC design services through high-tech and competitive solutions. We dedicate ourselves to the development and promotion of innovative technology platforms through establishing long-term strategic partnerships with world leading PLD/SOC manufacturers, collaborating with universities, research institutes, and enterprises.
To contact E-Elements, please email: IR@e-elements.com.tw
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