King Slide's (川湖) share price crossed NT$10,000 in early August 2026, and founder Lin Tsung-chi (林聰吉) briefly overtook Yageo (國巨) Chairman Chen Tai-ming (陳泰銘) to become Taiwan's richest person.
The stock became only the third "ten-thousand-dollar stock" (萬金股) in Taiwan's market historyCITE:E10. Lin Tsung-chi's net worth surpassed Chen Tai-ming's for a periodCITE:E11.
King Slide's transformation ran through three stages: a 1986 furniture-slide workshop, a forced 2000 pivot into servers, and a 2005 stock listing as an electronic components company.
Lin Tsung-chi founded King Slide in 1986 in Luzhu, Kaohsiung, initially as a traditional iron workshop making furniture slidesCITE:E7. In 2000, a major furniture client demanded a 30% price cut; Lin refused, which triggered a business crisis but pushed the company to commit to the server and networking marketsCITE:E8. President Lin Shu-chen (林淑珍) said King Slide has been categorized as an electronic components stock since it listed in 2005CITE:E3.
King Slide's rack rails now function as a "safety component" for AI server cabinets that can cost over NT$100 million each, while requiring far less labor to install.
Executive Vice President Wang Chun-chiang (王俊強) said rails are the "safety component" (安全件) of AI server racks, and that AI server cabinets are so expensive they often run into the hundreds of millions of NT dollarsCITE:E14. Installing a rack rail used to require four or five professional installers; King Slide's current design lets a single non-professional worker install itCITE:E5. Wang said servers now account for more than 90% of company revenue, with a high market shareCITE:E9.
King Slide posted an 87.42% gross margin in the second quarter of 2026, ahead of TSMC (台積電)'s 67.7% in the same period.
The comparison came directly from King Slide's newly released Q2 2026 financial resultsCITE:E12.
King Slide has accumulated more than 3,600 patents, which the company frames as a defensive moat around its business.
The patent count was cited as the foundation of what King Slide describes as a "high moat" protecting its market positionCITE:E6.
Executive Vice President Wang Chun-chiang described King Slide as "the purest AI stock in Taiwan" (台股最純的AI股).
Wang made the statement in the context of the company's server-rail business tying its revenue directly to AI server infrastructure buildoutCITE:E13.
| Metric | Figure |
|---|---|
| Share price milestone | Surpassed NT$10,000 — 3rd "ten-thousand-dollar stock" in Taiwan market historyCITE:E10 |
| Q2 2026 gross margin | 87.42%, vs. TSMC's 67.7%CITE:E12 |
| Patents accumulated | 3,600+CITE:E6 |
| Server revenue share | Over 90% of total revenueCITE:E9 |
| Rail installation labor | 4–5 professionals → 1 non-professional workerCITE:E5 |
| Price-cut demand that triggered pivot | 30%, demanded by a furniture client in 2000CITE:E8 |
| Founding year | 1986, Luzhu, KaohsiungCITE:E7 |
| Listing year | 2005, as an electronic components stockCITE:E3 |
| AI server rack cost | Often exceeds NT$100 million per unitCITE:E14 |
The timeline connects across three decades: a 1986 iron workshop that refused a 30% price cut from a furniture client in 2000 pivoted into servers, listed as an electronics stock in 2005, and by mid-2026 posted a Q2 gross margin of 87.42% — ahead of TSMC's 67.7%. That same period saw its rail installation labor need drop from four or five professionals to one non-professional worker, its patent portfolio pass 3,600, and its share price cross NT$10,000, briefly making founder Lin Tsung-chi wealthier than Yageo's Chen Tai-ming. Executive Vice President Wang Chun-chiang's framing of the rail as a "safety component" for AI racks costing over NT$100 million, and his description of King Slide as the "purest AI stock in Taiwan," ties directly back to the more-than-90% server revenue share he cited for the company.
In early August 2026, becoming Taiwan's third-ever "ten-thousand-dollar stock."<CITE:E10>
In 2000, a furniture client demanded a 30% price cut, which Lin Tsung-chi refused, prompting the pivot into servers and networking.<CITE:E8>
More than 3,600, which the company says forms its competitive moat.<CITE:E6>
Over 90%, according to Executive Vice President Wang Chun-chiang.<CITE:E9>
NVIDIA is negotiating a direct investment of up to $3 billion in SoftBank's SB Energy, split into two $1.5 billion tranches, to help build an Ohio data center for OpenAI, while the three parties also discuss up to $100 billion in credit support for the project.
Taiwan's robo-advisory market held NT$19.034 billion in assets across 257,846 client accounts at 16 providers as of June 30, 2026, up 36.3% year-on-year, the Financial Supervisory Commission (FSC, 金管會) said, with one more bank's application still under review.<CITE:E1>
US Commerce Secretary Howard Lutnick says the Trump administration explicitly told Apple (蘋果) it does not want the company sourcing memory chips from China, even as Apple tests China's CXMT and YMTC chips amid an AI-driven shortage, and faces pressure from state senators and rival chipmaker Micron.