Industrial computer maker ADLINK Technology Inc (凌華科技) yesterday said it is targeting double-digit revenue growth next year, supported by orders from the robotics, semiconductor equipment and medical sectors.
The company has secured three to four orders with Techman Robot Inc (達明機器人) to jointly produce autonomous mobile robots, ADLINK president Stephen Huang (黃怡暾) told an online earnings conference.
Techman is a subsidiary of Quanta Computer Inc (廣達電腦), which supplies artificial intelligence (AI) servers powered by Nvidia Corp technology.
Photo: Taipei Times
At the same time, ADLINK is working with a French partner to launch other robotic products, Huang said.
Chipmakers’ demand for edge AI training servers to process automated optical inspection and semiconductor data is also expected to boost the company’s sales in edge AI systems, he said, adding that the company plans to launch its first AI training server later this quarter.
In particular, edge AI products for the medical sector are expected to become a major revenue driver over the next three years, Huang said.
The company’s Web site shows it mainly produces rugged embedded computers and edge AI platforms used in industrial, defense, aerospace and autonomous systems.
Revenue in the first three quarters of this year rose 23.92 percent year-on-year to NT$8.68 billion (US$276.1 million), the company said.
The momentum is expected to extend into this quarter, as orders received this year have already totaled US$300 million and the company has secured 74 design wins, a figure that is expected to exceed 90 by the end of the year, Huang said.
Those projects are expected to contribute about US$220 million in revenue over the next three years, he said.
The company’s book-to-bill ratio this year could reach 1.1 on the back of strong order momentum, Huang said. A ratio of 1.1 means that US$110 of orders were received for every US$100 of product billed during the quarter.
By region, the US accounted for 34 percent of total revenue in the first three quarters, followed by the Asia-Pacific region at 28 percent, Europe, the Middle East and Africa at 19 percent, and China at 17 percent, the company said.
The company expects the US market to deliver the strongest performance next year, and Asia-Pacific and the other regions could also see demand rebound, Huang said.
ADLINK reported net income of NT$331.29 million in the first three quarters, compared with a net loss of NT$127.55 million for the same period last year.
Earnings per share rose to NT$1.52 from a loss of NT$0.59, while gross margin decreased to 35.41 percent from 38.1 percent over the same period.
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) last week recorded an increase in the number of shareholders to the highest in almost eight months, despite its share price falling 3.38 percent from the previous week, Taiwan Stock Exchange data released on Saturday showed. As of Friday, TSMC had 1.88 million shareholders, the most since the week of April 25 and an increase of 31,870 from the previous week, the data showed. The number of shareholders jumped despite a drop of NT$50 (US$1.59), or 3.38 percent, in TSMC’s share price from a week earlier to NT$1,430, as investors took profits from their earlier gains
In a high-security Shenzhen laboratory, Chinese scientists have built what Washington has spent years trying to prevent: a prototype of a machine capable of producing the cutting-edge semiconductor chips that power artificial intelligence (AI), smartphones and weapons central to Western military dominance, Reuters has learned. Completed early this year and undergoing testing, the prototype fills nearly an entire factory floor. It was built by a team of former engineers from Dutch semiconductor giant ASML who reverse-engineered the company’s extreme ultraviolet lithography (EUV) machines, according to two people with knowledge of the project. EUV machines sit at the heart of a technological Cold
TAIWAN VALUE CHAIN: Foxtron is to fully own Luxgen following the transaction and it plans to launch a new electric model, the Foxtron Bria, in Taiwan next year Yulon Motor Co (裕隆汽車) yesterday said that its board of directors approved the disposal of its electric vehicle (EV) unit, Luxgen Motor Co (納智捷汽車), to Foxtron Vehicle Technologies Co (鴻華先進) for NT$787.6 million (US$24.98 million). Foxtron, a half-half joint venture between Yulon affiliate Hua-Chuang Automobile Information Technical Center Co (華創車電) and Hon Hai Precision Industry Co (鴻海精密), expects to wrap up the deal in the first quarter of next year. Foxtron would fully own Luxgen following the transaction, including five car distributing companies, outlets and all employees. The deal is subject to the approval of the Fair Trade Commission, Foxtron said. “Foxtron will be
INFLATION CONSIDERATION: The BOJ governor said that it would ‘keep making appropriate decisions’ and would adjust depending on the economy and prices The Bank of Japan (BOJ) yesterday raised its benchmark interest rate to the highest in 30 years and said more increases are in the pipeline if conditions allow, in a sign of growing conviction that it can attain the stable inflation target it has pursued for more than a decade. Bank of Japan Governor Kazuo Ueda’s policy board increased the rate by 0.2 percentage points to 0.75 percent, in a unanimous decision, the bank said in a statement. The central bank cited the rising likelihood of its economic outlook being realized. The rate change was expected by all 50 economists surveyed by Bloomberg. The
RSS