All Conditions in Place for ASUS to Focus on AI

Reported 7 months ago

Chairman Jonney Shih and his daughter Ailin Shih participated in ASUS' shareholder meeting on June 14, 2024, where Chairman Shih expressed that ASUS, after transitioning from motherboard and laptop businesses, is now prepared for the AI era with full conditions in place. Co-CEO Kent Chien revealed plans for a large-scale AI server production base in Mexico and emphasized ASUS' ability to secure orders from top cloud service providers. The company's turtle-like approach to AI server business has begun shipping in the first and second quarters with continued demands in the third, aiming for new contributions next year. The completion of a large factory in Mexico will support this endeavor. Chairman Shih's daughter, Ailin, also attended the meeting as a board member, showcasing a strong father-daughter bond.

Source: YAHOO

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