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伟训子公司仲裁案落定法院确认母公司免负法律责任、AI布局持续推进

2026-09-12 03:37:12 网络 阅读(53)

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2026年07月27日(优分析/产业数据中心报导)⸺ 伟训(3032-TW)公告,美国密西根东区联邦地方法院就子公司力韡与美国客户Ascion的仲裁案作出一审裁定,法院确认这个仲裁结果只对力韡这间子公司有效,法律责任不会向上扩及至伟训(母公司),厘清市场对母公司须承担法律责任的疑虑。不过,由于力韡为伟训集团整体持股约60.65%的子公司,相关仲裁损失已于2025年合并财报认列,并导致公司全年由盈转亏。

这起争议始于2021年。力韡原为美国电动床品牌REVERIE母公司Ascion的供应商,Ascion以产品瑕疵及出货延迟为由提出商业仲裁。案件历经多年审理,仲裁庭先后作出三次裁决,最终裁定力韡须赔偿产品损害、利息及律师费等合计约4,657万美元。

由于力韡纳入伟训合并报表,相关仲裁赔偿已于2025年认列,使公司当年度的业外损失大增,全年每股盈余由前一年度4.61元转为每股亏损7.93元,并决定不配发股利。

市场一度担心,仲裁判决中对供应商「Optima」的定义波及关系企业,可能使伟训也被纳入判决效力范围。伟训则主张,公司并未签署相关供应契约或仲裁协议,也未参与仲裁程序,因此向美国法院提出救济。

法院这次明确指出仲裁效力仅及于力韡,伟训并非仲裁当事人,不受判决拘束。伟训表示,此次裁定不会对公司财务及业务造成新增影响。

伟训近年持续推动产品组合转型。虽然2025年受子公司仲裁损失拖累,由盈转亏,但本业仍维持成长,全年合并营收111.89亿元、年增51%,营业净利10.16亿元、年增110%,主要受惠于并购珀韵(AIP)挹注声学业务,以及AI伺服器相关产品布局。

展望2026年,公司成长动能将聚焦AI伺服器机柜、ASIC散热模组及高瓦数电源产品。其中,AI机柜与ASIC散热已于第二季开始小量出货,预期下半年逐步放量,有望成为对冲电竞电源需求疲弱的新动能;声学业务则可望维持中高个位数成长,进一步分散电源业务景气循环风险。市场后续将持续关注AI产品放量进度,以及力韡仲裁案后续处理情况。

※ 本文经「优分析」授权转载,原文出处:原文连结
※ 免责声明:文中所提的个股、基金、期货商品内容仅供参考,并非投资建议,投资人应独立判断,审慎评估风险。

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