# Who are King Yuan Electronics (KYEC)'s customers? Who does King Yuan Electronics (KYEC) earn revenue from?
Canonical: https://valuechain.wiki/kyec · Facet: customers · Updated: 2026-07-12T06:15:31.719607+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: King Yuan Electronics (KYEC)'s confirmed revenue counterparties include Qualcomm, NVIDIA, 미디어텍. Per the valuechain.wiki graph: 3 revenue edges, backed by 6 dated sources, 1 of them primary filings (as of 2026-07-12).

### Qualcomm (mid)  → /qualcomm.md
- note: Handles wafer probing and final test for Qualcomm SoCs — a large demand point in the model where fabless fully outsource test.
- [confirms] DigiTimes (EN, news, published 2026-04-13) https://www.digitimes.com/news/a20260413PD230/2026-revenue-demand-testing-king-yuan.html: "KYEC FY2025 NT$35.63B (+32.7%); fabless test outsourcing; +30-50% capacity in 2026."
- [confirms] KYEC (EN, ir, published 2025-05-01) https://www.kyec.com.tw/en/: "Provides semiconductor test to Qualcomm."
- [confirms] Mordor (EN, analysis, published 2025-01-01) https://www.mordorintelligence.com/industry-reports/osat-market/companies: "Provides semiconductor test to Qualcomm."

### NVIDIA (mid)  → /nvidia.md
- note: Handles final test for NVIDIA AI chips — a back-end bottleneck where test volume is directly tied to AI-accelerator shipments, the core engine of KYEC's growth.
- [mentions] Analyst consensus (14 analysts) (EN, research, published 2026-05-01) https://www.investing.com/equities/king-yuan-elec: "14 analysts Strong Buy, avg TP NT$369 (268-435) on expanding AI-chip test demand."
- [confirms] DigiTimes (EN, news, published 2026-04-13) https://www.digitimes.com/news/a20260413PD230/2026-revenue-demand-testing-king-yuan.html: "Record 1Q26 revenue; 2026 capex raised to NT$50B for AI GPU/ASIC burn-in & advanced-packaging test; FY2025 NT$35.63B (+32.7%)."
- [confirms] ZDNet Korea (KO, news, published 2025-06-01) https://zdnet.co.kr/view/?no=20260620160653: "AI lifts second-tier OSAT (KYEC etc.)"
- [confirms] KYEC (EN, ir, published 2025-05-01) https://www.kyec.com.tw/en/: "Provides semiconductor test to NVIDIA."
- [confirms] Company IR / exchange filing (EN, filing, published 2025-04-01) https://www.kyec.com.tw/en/investor: "Annual report: revenue, customers, business."
- [confirms] Mordor (EN, analysis, published 2025-01-01) https://www.mordorintelligence.com/industry-reports/osat-market/companies: "Provides semiconductor test to NVIDIA."

### 미디어텍 (mid)  → /mediatek.md
- note: A test-demand point for MediaTek mobile/automotive SoCs — as advanced-SoC complexity rises, test time and steps increase.
- [confirms] DigiTimes (EN, news, published 2026-04-13) https://www.digitimes.com/news/a20260413PD230/2026-revenue-demand-testing-king-yuan.html: "KYEC FY2025 NT$35.63B (+32.7%); fabless test outsourcing; +30-50% capacity in 2026."
- [confirms] KYEC (EN, ir, published 2025-05-01) https://www.kyec.com.tw/en/: "Provides semiconductor test to MediaTek."
- [confirms] Mordor (EN, analysis, published 2025-01-01) https://www.mordorintelligence.com/industry-reports/osat-market/companies: "Provides semiconductor test to MediaTek."

Reverse side: https://valuechain.wiki/kyec/suppliers.md · Ripple: https://valuechain.wiki/kyec/ripple.md

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