According to the corporation, Changs Ascending Enterprise (CAEC) started shipping LFPO (lithium ferrous phosphate oxide) batteries used in UPS (uninterruptible power supply) to a major manufacturer of semiconductor-grade silicon wafers in September 2022.
According to the business, CAEC has created such batteries on a customized basis for the client and has tweaked and tested them since the end of 2018. To prevent the effects of a sudden aberrant power supply on production, semiconductor manufacturers install UPS at their facilities. For instance, Taiwan Semiconductor Manufacturing Company started replacing lead acid batteries with LFPO ones for energy storage of UPSs in 2018, CAEC reported.
According to CAEC, LFPO batteries have a service life of 3,000 charging-discharge cycles, which is at least 10 times longer than that of lead acid batteries, and are charged more quickly by over 80% in comparison to lead acid batteries of equivalent levels of energy density. They also have over 90% higher depths of discharge. In addition, LFPO batteries are non-toxic, safer, and 70% lighter than lead acid batteries.
According to CAEC, production of LFPO batteries and battery modules for use in golf carts, forklifts, and pallet trailers has expanded from its initial focus on LFPO cathode material. In order to further tailor the LFPO batteries used in UPS systems, the company has received orders totaling more than NT$200 million (US$6.3 million). In its future commercial operations, CAEC plans to compete for lead acid battery replacement orders from semiconductor manufacturers.
CAEC reported consolidated revenues of NT$19.6 million for September, up 111.09% from the previous month and 804.52% from the previous year; NT$44.9 million for the third quarter, up 117.98% from the previous quarter and 46.43% from the previous year; and NT$82.5 million for January through September, up 64.64% from the previous year.
