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.
Vincent Wei led fellow Singaporean farmers around an empty Malaysian plot, laying out plans for a greenhouse and rows of leafy vegetables. What he pitched was not just space for crops, but a lifeline for growers struggling to make ends meet in a city-state with high prices and little vacant land. The future agriculture hub is part of a joint special economic zone launched last year by the two neighbors, expected to cost US$123 million and produce 10,000 tonnes of fresh produce annually. It is attracting Singaporean farmers with promises of cheaper land, labor and energy just over the border.
US actor Matthew McConaughey has filed recordings of his image and voice with US patent authorities to protect them from unauthorized usage by artificial intelligence (AI) platforms, a representative said earlier this week. Several video clips and audio recordings were registered by the commercial arm of the Just Keep Livin’ Foundation, a non-profit created by the Oscar-winning actor and his wife, Camila, according to the US Patent and Trademark Office database. Many artists are increasingly concerned about the uncontrolled use of their image via generative AI since the rollout of ChatGPT and other AI-powered tools. Several US states have adopted
A proposed billionaires’ tax in California has ignited a political uproar in Silicon Valley, with tech titans threatening to leave the state while California Governor Gavin Newsom of the Democratic Party maneuvers to defeat a levy that he fears would lead to an exodus of wealth. A technology mecca, California has more billionaires than any other US state — a few hundred, by some estimates. About half its personal income tax revenue, a financial backbone in the nearly US$350 billion budget, comes from the top 1 percent of earners. A large healthcare union is attempting to place a proposal before
KEEPING UP: The acquisition of a cleanroom in Taiwan would enable Micron to increase production in a market where demand continues to outpace supply, a Micron official said Micron Technology Inc has signed a letter of intent to buy a fabrication site in Taiwan from Powerchip Semiconductor Manufacturing Corp (力積電) for US$1.8 billion to expand its production of memory chips. Micron would take control of the P5 site in Miaoli County’s Tongluo Township (銅鑼) and plans to ramp up DRAM production in phases after the transaction closes in the second quarter, the company said in a statement on Saturday. The acquisition includes an existing 12 inch fab cleanroom of 27,871m2 and would further position Micron to address growing global demand for memory solutions, the company said. Micron expects the transaction to
RSS