Reported over 1 year ago
ASRock is actively transforming into a solution provider in computing services to embrace the new era of AI. The chairman Wang Ming-yi revealed that the company, focusing on mainboards, targets to have over half of its revenue come from Edge AI business within five years. With the expectation of improving performance in the second half of the year, ASRock anticipates increased shipments and higher ASP in the fourth quarter, potentially leading to positive growth and profitability. By tapping into the AI trend, ASRock plans to expand into industrial and commercial Edge AI applications while continuing to provide comprehensive solutions in various platforms like x86, ARM, NXP, and Hailo. The company aims to increase their IPC product line's revenue contribution from currently below 10% to 10% - 15% this year, with a long-term goal of achieving over half of revenue within five years, fueled by the advancement of Edge AI applications.
Source: YAHOO