Qisda Co (佳世達) yesterday said it expected revenue and profit this year to rebound from last year’s levels, supported by its long-term diversification across multiple business sectors.
The company also plans to focus more on higher value-added businesses — particularly its medical and networking segments, as well as its artificial intelligence (AI) business, it said.
Qisda’s revenue last year increased 3 percent year-on-year to NT$207.9 billion (US$6.55 billion), but net profit slumped 59.5 percent to NT$1.14 billion, with earnings per share down to NT$0.64 from NT$1.11.
Photo: Chen Mei-ying, Taipei Times
While external uncertainties remain headwinds for the information technology (IT) industry, the company has prepared in advance through adjustments in supply chain, procurement and organizational restructuring, Qisda chairman Peter Chen (陳其宏) told a news conference in Taipei.
If the Middle East conflict drags on, the most direct impact would be on oil prices, natural gas supply and energy costs, which could fuel inflationary pressure, and crowd out spending on consumer electronics and enterprise IT upgrades, Chen said.
Regarding the surge in memory prices, Qisda has consolidated procurement across its subsidiaries and negotiated with upstream suppliers, aiming to secure long-term supply and obtain more favorable terms, he said.
The company also aims to accelerate its AI transformation, Chen said.
Qisda began investing in AI more than a decade ago through its business solutions group, which reported revenue of about NT$36 billion last year, he said.
The group’s focus this year would be in servers, switches and advanced cooling solutions, Chen said, adding that it is looking to expand into AI data center networking through next-generation 1.6-terabit switches.
The transition from 800G to 1.6T networking switch represents the next major upgrade cycle in data center infrastructure, he said.
Qisda on Tuesday appointed Cally Ko (柯淑芬) as its new president to help oversee operations, the company said.
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