Elan Microelectronics pursues dual-track PC strategy as AI, ADAS, drone lines ramp up

Elan Microelectronics posted Q3 2026 revenue of NT$2.22 billion (approx. US$67.8 million), down 30.7% quarter-over-quarter and 33.1% year-over-year due to a weak PC peak season. Gross margin fell 2.7 percentage points quarter-over-quarter to 44.7%, while operating profit dropped 57.5% quarter-over-quarter to NT$296 million (US$9.1 million). The slump stemmed from H1 order pull-forwards, client inventory digestion, supply mismatches, and rising module costs with passive components, PCBs, and packaging. Touch products contributed 73% of revenue, non-touch 13%, and emerging AI lines 14%.