Nan Juen International Co (南俊國際), which supplies rail kits used in servers, has entered the supply chain of Nvidia Corp by securing orders for the US chip giant’s GB200 artificial intelligence (AI) servers.
The Taoyuan-based company has obtained Nvidia’s recommended vendor list (RVL) certification and is expected to complete volume production preparations in the third quarter of this year, with initial shipments likely to begin at the end of this year or early next year, the company said at an investors’ conference in Taipei yesterday.
The server rail kit business is expected to make a larger contribution to the company’s revenue next year, Nan Juen said.
Photo: Lin Jin-hua, Taipei Times
The company also supplies rail kits for non-server applications, including office furniture, kitchenware, home appliances and tool cabinets.
In the first half of this year, server rails accounted for 34 percent of the company’s total sales, up from 27 percent at the end of last year, Nan Juen chief financial officer Vincent Jen (任忠仁) told investors.
Server rails are not something that always stand out or attract attention compared with other components, but they are necessary to ensure that servers can be easily installed, modified, maintained or, if necessary, replaced.
Nan Juen began cooperating with US-based Super Micro Computer Inc in 2002 for the mass production of server rails. It entered the data center supply chains of two major cloud service providers in the US in 2019 and 2022 respectively, a document released after the company’s earnings conference showed.
With the Nvidia deal, Nan Juen is to join King Slide Works Co (川湖科技) in becoming the second rail kit supplier for GB200 servers, and analysts expect the two companies to become primary server rail kit suppliers for the world’s major cloud service providers.
Nan Juen reported a net profit of NT$97.34 million (US$3.05 million) in the first half of the year, compared with a net loss of NT$25.47 million in the same period last year, on revenue of NT$905.81 million, a 56.3 percent increase year-on-year.
Earnings per share were NT$1.49 in the first six months, compared with losses per share of NT$0.42 during the same period last year, while gross margin improved 12.21 percentage points to 24.63 percent.
The company expects its business to steadily improve in the second half of this year, with growth momentum to strengthen further next year, it added.
TECH RACE: The Chinese firm showed off its new Mate XT hours after the latest iPhone launch, but its price tag and limited supply could be drawbacks China’s Huawei Technologies Co (華為) yesterday unveiled the world’s first tri-foldable phone, as it seeks to expand its lead in the world’s biggest smartphone market and steal the spotlight from Apple Inc hours after it debuted a new iPhone. The Chinese tech giant showed off its new Mate XT, which users can fold three ways like an accordion screen door, during a launch ceremony in Shenzhen. The Mate XT comes in red and black and has a 10.2-inch display screen. At 3.6mm thick, it is the world’s slimmest foldable smartphone, Huawei said. The company’s Web site showed that it has garnered more than
CROSS-STRAIT TENSIONS: The US company could switch orders from TSMC to alternative suppliers, but that would lower chip quality, CEO Jensen Huang said Nvidia Corp CEO Jensen Huang (黃仁勳), whose products have become the hottest commodity in the technology world, on Wednesday said that the scramble for a limited amount of supply has frustrated some customers and raised tensions. “The demand on it is so great, and everyone wants to be first and everyone wants to be most,” he told the audience at a Goldman Sachs Group Inc technology conference in San Francisco. “We probably have more emotional customers today. Deservedly so. It’s tense. We’re trying to do the best we can.” Huang’s company is experiencing strong demand for its latest generation of chips, called
ISSUES: Gogoro has been struggling with ballooning losses and was recently embroiled in alleged subsidy fraud, using Chinese-made components instead of locally made parts Gogoro Inc (睿能創意), the nation’s biggest electric scooter maker, yesterday said that its chairman and CEO Horace Luke (陸學森) has resigned amid chronic losses and probes into the company’s alleged involvement in subsidy fraud. The board of directors nominated Reuntex Group (潤泰集團) general counsel Tamon Tseng (曾夢達) as the company’s new chairman, Gogoro said in a statement. Ruentex is Gogoro’s biggest stakeholder. Gogoro Taiwan general manager Henry Chiang (姜家煒) is to serve as acting CEO during the interim period, the statement said. Luke’s departure came as a bombshell yesterday. As a company founder, he has played a key role in pushing for the
Vanguard International Semiconductor Corp (世界先進) and Episil Technologies Inc (漢磊) yesterday announced plans to jointly build an 8-inch fab to produce silicon carbide (SiC) chips through an equity acquisition deal. SiC chips offer higher efficiency and lower energy loss than pure silicon chips, and they are able to operate at higher temperatures. They have become crucial to the development of electric vehicles, artificial intelligence data centers, green energy storage and industrial devices. Vanguard, a contract chipmaker focused on making power management chips and driver ICs for displays, is to acquire a 13 percent stake in Episil for NT$2.48 billion (US$77.1 million).
RSS