Security products provider GreenBase Technology Co (綠基) yesterday said revenue this year is expected to grow 36 percent from last year’s NT$5.42 billion (US$172.35 million), thanks to the contribution of its subsidiary DivioTec Inc’s (安恩嘉) port affairs business.
Products related to the port affairs business — including network video recorders, rugged artificial intelligence (AI) cameras and other smart solutions — are expected to account for about 20 percent of GreenBase’s total revenue this year, the company said.
GreenBase mainly provides high-standard imaging and optical technologies to leading international brands.
Photo: Screengrab from GreenBase Technology Corp’s Web site
The company’s clients are mostly in the national defense and urban surveillance sectors, it said.
The Ministry of Economic Affairs last week designated the company’s rugged AI vision product “SeesAll” a national high-value security product.
SeesAll is designed specifically for seaport surveillance. Evergreen Marine Corp (長榮海運) has ordered 500 units of the AI product for deployment at the Port of Kaohsiung, GreenBase said.
The company has also begun shipping a new AI camera product to a major cloud service provider, GreenBase said, adding that it expects it to be a key growth driver next year.
The US accounted for 74 percent of the company’s NT$4.38 billion sales in the first nine months of this year, followed by Europe at 9 percent, Taiwan at 8 percent and other regions at 9 percent, it said.
The company expects the US to remain the largest market for its national defense, port and city surveillance businesses, it said, adding that GreenBase is also targeting Western European port markets such as Spain, the Netherlands and Germany.
GreenBase Technology, a subsidiary of industrial computermaker Nexcom International Co (新漢), operates manufacturing facilities in New Taipei City’s Linkou (林口) and Banciao (板橋) districts.
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