April 24 — Radiant Opto-Electronics (6176) today (Apr. 24) announced its financial results for the first quarter of 2026.

Consolidated revenue reached NT$12.05 billion, marking a 4% quarter-over-quarter increase. Gross profit rose to NT$2.7 billion, up 10% from the previous quarter, with gross margin reaching a record high of 22.4%. Overall, the Company delivered solid earnings performance this quarter, primarily driven by an optimized product mix.

Strong sales of new notebook models from major U.S. customers, along with increasing shipments of automotive products, contributed to improved core profitability. Operating income increased 32% quarter-over-quarter to NT$1.44 billion, while net income reached NT$1.05 billion. Earnings per share (EPS) came in at NT$2.29, up 15% sequentially, reflecting stable overall performance.

The Company noted that automotive backlight modules have maintained strong growth momentum, with approximately 30% to 40% growth over the past two quarters. Automotive and U.S. notebook segments are expected to become key growth drivers for its backlight module business. However, order visibility for 2026 remains limited due to external factors such as IC and memory shortages, macroeconomic uncertainty, and geopolitical tensions.

Regarding the display technology shift from LCD to OLED among major customers, Chairman Justin Wang commented that 2027 will be the most “impactful” year for Radiant. That said, the extent of the impact—including affected product models, transition timing, and migration approach—remains subject to close monitoring, as it will depend on end-market demand and OLED yield rates.

Over the next three to five years, Radiant will continue to serve as a key supplier of backlight modules for mainstream LCD tablets and notebooks for its major U.S. customers, while also preparing a range of solutions tailored for OLED applications to navigate the upcoming transition.

In 2026, beyond focusing on balancing yield and performance in nanoimprint-based wafer-level optical products, Radiant will also expand its customer base. The Company indicated that its high-ASP AR waveguide products have successfully penetrated European and U.S. defense customers and are expected to enter mass production in 2026. By the second half of 2027, Radiant will have scalable production capacity ready for waveguide products to serve consumer electronics clients.

For metalenses, Radiant will leverage its capabilities in optical design, tooling, and process engineering, while integrating algorithm support through partnerships with software providers to deliver value-added solutions. The Company aims to establish a foothold in automotive, high-end smartphone, and industrial sensing markets. Overall, both waveguide and metalens products are expected to scale up from 2028.

The Company emphasized that while maintaining its leadership in the backlight module market, it will continue to pursue cross-disciplinary innovation and strategic transformation to capture early opportunities in high-growth sectors such as automotive and wearable devices, with the goal of maximizing shareholder value.