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By Chen Cheng-hui / Workers reporter
Gigabyte Expertise Co (技嘉) yesterday stated that sturdy gross sales of its client electronics-related merchandise, corresponding to motherboards and graphics playing cards, would proceed this quarter, and that demand stays sturdy for its server merchandise — synthetic intelligence (AI) servers particularly.
Total, the corporate is assured that income progress would stay regular this quarter. It expects this yr’s income to exceed NT$100 billion (US$3.08 billion) sooner than anticipated, due to continued end-market demand and efficient optimization of its product combine, it stated in a presentation doc launched after the corporate’s on-line buyers’ convention.
Gigabyte’s income final quarter was NT$36.9 billion, up 52.53 p.c year-on-year and 41.2 p.c quarter-on-quarter.
Picture: Ann Wang, Reuters
It was the very best quarterly determine within the firm’s historical past, the corporate stated.
Gross sales from graphics playing cards accounted for 36 p.c of Gigabyte’s complete gross sales within the third quarter, adopted by servers at 27 p.c, motherboards at 22 p.c, and laptops and different laptop peripherals at 15 p.c, it stated.
The corporate’s graphics card enterprise has come out of the trough skilled within the first half of the yr, with demand recovering and shipments booming within the second half as shoppers stepped up efforts to scale back channel inventories, Gigabyte informed buyers.
Its motherboard enterprise is anticipated to return to optimistic gross sales progress subsequent yr following clear indicators of enchancment within the backside half of this yr, whereas server shipments are prone to register a excessive double-digit proportion improve this yr, as demand for AI companies continues to rise, it stated.
To fulfill demand from shoppers, the corporate plans to optimize the manufacturing capability of two server meeting crops in Taiwan, Gigabyte stated, including that its predominant prospects are in Europe and the US, but it surely goals to realize orders from the Asia-Pacific area.
The US AI chip ban wouldn’t have an effect on Gigabyte as it isn’t delivery to China, it stated.
Gigabyte is striving to take care of its management by offering a wider selection of product strains in contrast with its native friends, it stated.
Whereas it stays a robust provide associate of US graphics chip designer Nvidia Corp, it goals to launch new server merchandise for different chipmakers and cloud service suppliers subsequent yr, Gigabyte stated.
The corporate didn’t reveal its bottom-line figures for the third quarter, however analysts forecast that its gross margin would enhance to 13.3 p.c from 11.83 p.c within the second quarter, whereas its earnings per share would develop to NT$2.72 from NT$1.4, given higher economies of scale and higher-than-expected gross sales within the third quarter.
Gigabyte’s cumulative gross sales within the first 9 months of the yr totaled NT$91.37 billion, a rise of 15.13 p.c from the identical interval of final yr and a document excessive for the interval, the corporate stated.
By area, American markets contributed 41 p.c to the corporate’s gross sales, adopted by the Asia-Pacific area with 34 p.c and Europe and the Center East with 25 p.c, it stated.
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