Contract manufacturers of server equipment have the right to claim some part of the revenue that is created by participants in the artificial intelligence systems market, and June statistics published by the Nikkei Asian Review indicate the ability of Taiwanese manufacturers to demonstrate positive revenue dynamics against this background.
Image source: Compal Electronics
At least in June, the revenue of the 19 largest Taiwanese technology companies grew by 13.5% year-on-year to $38.2 billion. Positive revenue dynamics have been observed for the fourth month in a row, as noted by a Japanese source. For Asustek Computer, June of this year turned out to be even more successful than the corresponding months in 2020, 2021 and 2022, when pandemic restrictions fueled demand for the company’s products. In particular, Asustek’s revenue at the end of June of this year grew by 21.5%, both due to the release of new PCs with AI acceleration functions and in the server direction.
For the first time in five months at the end of June, Compal Electronics, which produces PCs on a contract basis, recorded year-on-year revenue growth of 1.3%. Quanta Computer, which assembles PCs and servers, increased June revenue by 23.4%. The mitigation of the shortage of computing accelerators allowed it to increase revenue from the sale of server equipment.
Foxconn, which assembles not only electronic devices for Apple, but also server equipment, was able to increase June revenue by 16.1% year-on-year. By the way, its revenue in the smartphone segment decreased due to seasonal trends. Competitor Pegatron reduced revenue by 14.2% in June.
Taiwanese companies also include large contract chip manufacturers. The global market leader TSMC was able to increase June revenue by 32.9% year-on-year, while UMC, which focuses on more mature lithography, decreased by 7.9%. Processor developer MediaTek ended June with revenue growth of 12.8%, while chip packaging specialist ASE Holdings added 0.4% in revenue.