- Business
- Auras Technology Co., Ltd. (3324.TWO) manufactures, processes and retails electronic materials and computer cooling modules principally for servers, notebooks, PCs, graphics cards and related applications; the company offers cooling solutions including Al-GPU, CPU and switch server coolers, gaming, commercial and consumer notebook cooling modules, industrial PC/VGA robust cooling systems, graphics card coolers, motherboard cooling, smartphone/tablet thermal modules and electric vehicle cooling products. Founded in 1998 and headquartered in New Taipei City, Taiwan, Auras operates manufacturing facilities in China, Taiwan and Ireland, with sales extending to Singapore, the United States and other international markets; it serves major clients such as MSI, Dell, HP, Asustek and Apple across notebook/desktop (NB/DT), graphics card/gaming PC, server, smartphone and other segments. The company maintains top-three status among Taiwan thermal solution providers, with server sales comprising 45% of 1H25 revenue (up from 39% in 2024), driven by liquid cooling solutions that reached 23% of 2Q25 sales (versus 17% in 1Q25) for clients including Supermicro, Lenovo, Amazon Web Services, Meta and Oracle; management guides 3Q25 sales growth at high-single-digits QoQ, peaking in 4Q25, with full-year 2025 sales expansion of 35-40% YoY on server weighting nearing 50% and liquid cooling projected at 28-30%, though tempered by NT dollar strength and delayed GB300 ramp-up into 2026. In 2Q25, Auras reported sales of NT$5.3 billion (up 20% QoQ, 24% YoY), gross margin of 26.1% and operating margin of 11.9%, with liquid cooling and server growth offsetting forex impacts; the firm anticipates server sales YoY growth of 70-75% in 2025 and 55-60% in 2026 (weighting 60%), alongside new 2025 product rollouts enhancing margins to 14.5% in 2024 and 17.4% in 2025.