Industrial computer maker IBASE Technology Inc (廣積) yesterday reaffirmed its target of achieving double-digit revenue growth this year, projecting an even split in full-year revenue between the first and second halves.
The company reported a 32.36 percent year-on-year increase in first-half revenue to NT$3.05 billion (US$101.9 million), largely attributed to a lower base from the previous year.
IBASE manufactures single-board computers used in automation control, Internet security, point-of-sale (POS) systems, ATMs and portable devices.
Photo courtesy of IBASE Technology Inc
The Taipei-based company also provides embedded systems for drone controllers, edge computing, medical equipment and smart transportation, as well as advanced system products for data storage, surveillance, high-end servers and industrial automation, its Web site says.
Third-quarter revenue is projected to surpass that of the second quarter, but fourth-quarter sales might decline due to a reduced order forecast from a major Japanese customer that accounts for nearly 50 percent of total revenue, IBASE president Albert Lee (李家富) said.
The sharp appreciation of the New Taiwan dollar against the US dollar since early May also eroded second-quarter revenue, Lee said, without disclosing the size of the decline.
However, as revenue contributions from its deployment in the Japanese market are expected to begin in the fourth quarter, the company is maintaining its target to grow full-year revenue above last year’s level, he said.
The company has secured a major order to supply industrial motherboards for ATMs to a Japanese customer, with revenue contributions expected to begin in the second half of next year, Lee said.
IBASE has also secured orders from a Japanese warehouse operator planning to launch a new autonomous mobile robot (AMR), and an original design manufacturer in the country, he added.
The company expects to begin small-volume shipments of ATMs, AMRs and other products to the Japanese market in the fourth quarter of this year, with mass production slated for the first quarter of next year, after which the market is expected to contribute more than 10 percent of total revenue, Lee said.
Meanwhile, US President Donald Trump’s administration last week announced a 20 percent tariff on Taiwanese goods, set to take effect tomorrow, although the impact on the company’s products is still pending the outcome of the ongoing Section 232 investigation under the US Trade Expansion Act of 1962, Lee said.
However, as Washington is expected to tighten rules on country-of-origin labeling, IBASE plans to negotiate with customers to ship complete systems instead of individual components to minimize tariff exposure, he said.
IBASE operates manufacturing facilities in New Taipei City’s Sanchong (三重) and Sinjhuang (新莊) districts, as well as in Taoyuan’s Pingjhen District (平鎮), and the company is constructing a new plant in Vietnam, with hardware installation and pilot production expected to begin in the fourth quarter, Lee said.
The Vietnamese facility would operate in tandem with its Taiwan operations to ensure production flexibility, he said.
WEAKER ACTIVITY: The sharpest deterioration was seen in the electronics and optical components sector, with the production index falling 13.2 points to 44.5 Taiwan’s manufacturing sector last month contracted for a second consecutive month, with the purchasing managers’ index (PMI) slipping to 48, reflecting ongoing caution over trade uncertainties, the Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院) said yesterday. The decline reflects growing caution among companies amid uncertainty surrounding US tariffs, semiconductor duties and automotive import levies, and it is also likely linked to fading front-loading activity, CIER president Lien Hsien-ming (連賢明) said. “Some clients have started shifting orders to Southeast Asian countries where tariff regimes are already clear,” Lien told a news conference. Firms across the supply chain are also lowering stock levels to mitigate
IN THE AIR: While most companies said they were committed to North American operations, some added that production and costs would depend on the outcome of a US trade probe Leading local contract electronics makers Wistron Corp (緯創), Quanta Computer Inc (廣達), Inventec Corp (英業達) and Compal Electronics Inc (仁寶) are to maintain their North American expansion plans, despite Washington’s 20 percent tariff on Taiwanese goods. Wistron said it has long maintained a presence in the US, while distributing production across Taiwan, North America, Southeast Asia and Europe. The company is in talks with customers to align capacity with their site preferences, a company official told the Taipei Times by telephone on Friday. The company is still in talks with clients over who would bear the tariff costs, with the outcome pending further
Six Taiwanese companies, including contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), made the 2025 Fortune Global 500 list of the world’s largest firms by revenue. In a report published by New York-based Fortune magazine on Tuesday, Hon Hai Precision Industry Co (鴻海精密), also known as Foxconn Technology Group (富士康科技集團), ranked highest among Taiwanese firms, placing 28th with revenue of US$213.69 billion. Up 60 spots from last year, TSMC rose to No. 126 with US$90.16 billion in revenue, followed by Quanta Computer Inc (廣達) at 348th, Pegatron Corp (和碩) at 461st, CPC Corp, Taiwan (台灣中油) at 494th and Wistron Corp (緯創) at
NEGOTIATIONS: Semiconductors play an outsized role in Taiwan’s industrial and economic development and are a major driver of the Taiwan-US trade imbalance With US President Donald Trump threatening to impose tariffs on semiconductors, Taiwan is expected to face a significant challenge, as information and communications technology (ICT) products account for more than 70 percent of its exports to the US, Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院) president Lien Hsien-ming (連賢明) said on Friday. Compared with other countries, semiconductors play a disproportionately large role in Taiwan’s industrial and economic development, Lien said. As the sixth-largest contributor to the US trade deficit, Taiwan recorded a US$73.9 billion trade surplus with the US last year — up from US$47.8 billion in 2023 — driven by strong
RSS