- Business
- Lelon Electronics Corp. Lelon Electronics Corp. (2472.TW) develops, manufactures, markets, trades in and sells electrolytic capacitors worldwide; its core products comprise aluminum electrolytic capacitors including radial leaded, surface-mount device (SMD), snap-in, screw terminal and axial types; organic conductive polymer capacitors; conductive polymer hybrid capacitors; flame retardants; formed aluminum foils; and automatic manufacturing equipment. These components serve diverse applications in automotive electronics, telecommunications, cloud computing, power electronics, consumer electronics, industrial equipment, power supplies, wind power and solar energy systems. The company, founded in 1976 and headquartered in Taichung City, Taiwan, operates production facilities primarily in Asia including Taiwan, China and Thailand, with distribution across Asia, Europe and the Americas; it targets OEMs, tier-1 automotive suppliers and high-performance computing sectors. Lelon Electronics Corp. pursues a "China +1" strategy amid geopolitical shifts by constructing advanced production plants in Suzhou, China, and AMATA City Chonburi, Thailand, with groundbreaking in Thailand in 2024 and Thai lines slated for Q3 2025 startup to enhance automotive and high-end capacity; these facilities incorporate renewable energy, smart manufacturing and automotive-grade testing. In May 2025, Lelon Electronics Corp. announced a private placement financing of 16.4 million shares, approved by shareholders, to support expansion and operational flexibility.