Yankey Engineering Sets Backlog Record at NT$57.1 Billion

Yankey Engineering’s unrecognized backlog reached NT$57.1 billion at the end of September 2026, a record for the Taiwan-based cleanroom contractor, with revenue from a Japan fab subcontract expected in 2027.

The total exceeded Yankey’s previous record of NT$55.3 billion at the end of 2025. The unrecognized orders represent work that has not yet been recorded as revenue. The backlog includes a subcontract tied to a second wafer fab in Kumamoto, Japan.

The subcontract covers cleanroom and mechanical, electrical and plumbing systems for the facility. The fab is part of a leading foundry customer’s Phase II buildout. The project marks Yankey’s first front-end process work in Japan, and the company expects revenue from it to begin in 2027.

Yankey acquired a 51% stake in JUcan in August 2026. The deal provided local licenses and a workforce. Yankey has also been expanding into markets including the United States and Southeast Asia, with overseas revenue accounting for 14.3% of its third-quarter total.

Revenue rose 163.9% year over year to NT$14.65 billion in the third quarter of 2026. Net profit increased 137.3% to NT$1.745 billion over the same period.

For 2026, Yankey expects revenue to exceed NT$35 billion, which would represent growth of more than 70% from the prior year. The company has attributed demand to the expansion of AI-related semiconductor projects.

Yankey also completed cleanroom services for a Micron memory fab in Tainan by Aug. 31, 2026. That project was a turnkey contract valued at more than NT$20 billion. The company offers cleanroom contracting as well as engineering, procurement and construction services through turnkey projects.