Taiwan's LITE-ON Takes 25% Stake in Poland's DCX for $176 Million

Taiwan's LITE-ON Technology announced on September 3, 2026, a strategic investment in Warsaw-based DCX Liquid Cooling Systems. The Taiwanese conglomerate will acquire roughly 25 percent of the Polish company, with the total value of the deal expected to reach about $176 million.

This is one of the largest investments to date by a foreign technology conglomerate in a Polish startup operating in the AI infrastructure segment. DCX has spent years developing liquid cooling technologies that have become a key element in building data centers that support the training and deployment of large language models.

What the Deal Covers

DCX's portfolio includes coolant distribution units (CDU), facility-level distribution units (FDU), cold plates mounted directly on processors, and complete immersion cooling systems. These solutions address the growing need for heat removal in server rooms, where power density keeps rising with each new generation of AI computing GPUs.

LITEON brings to the partnership expertise in rack-level power management, including 800V DC architectures that are becoming standard in the latest data center designs powering AI model training clusters. The company has produced power supplies and power management modules for global server infrastructure providers for decades.

Artificial intelligence has become a force reshaping entire industries, and data center infrastructure is the essential foundation for unlocking its full potential - Tom Soong, Chairman of LITEON

Power and Cooling in One Package

Both companies say they plan joint product development, engineering work, production scaling, and expansion into global markets. The goal is to offer customers integrated solutions that combine power distribution with heat removal in a single system, rather than having them buy the two components separately from different suppliers.

This integration model is gaining importance as data center operators increasingly treat power and cooling as one jointly designed system rather than separate components chosen independently. As power density in individual server racks with AI computing chips keeps rising, traditional air cooling is no longer sufficient, and liquid cooling is becoming the standard in new hyperscale operator investments.

LITEON is a partner whose global scale and engineering legacy we hold in deep respect - Tomasz Buk, CEO of DCX Liquid Cooling Systems

A Polish Supplier in the Global AI Supply Chain

For Poland's tech scene, LITEON's investment signals that domestic companies in the hard AI infrastructure segment can attract capital from major Asian players, not just venture capital funds from Europe or the US. DCX competes with Western and Asian manufacturers of liquid cooling systems, supplying solutions to data center operators handling machine learning workloads.

DCX's chief technology officer said the choice of partner was driven by LITEON's experience in power electronics, the conglomerate's manufacturing scale, and its relationships with hyperscale customers, the operators of the world's largest data centers. Access to such customers could accelerate the Warsaw company's expansion beyond the European market.

For the Polish labor market, this could mean potential growth in engineering and manufacturing jobs tied to AI infrastructure, though the companies have not yet disclosed hiring plans or specific timelines for rolling out joint products. The capital from the deal is meant to let DCX scale up production and accelerate development of new generations of cooling systems.

The transaction fits into a broader trend of Asian technology conglomerates pouring capital into European companies that supply components and systems for AI data centers, as global demand for computing power significantly outpaces the power and cooling industry's existing manufacturing capacity.