Taiwan-based server chassis maker Chenbro Micom expects demand for datacenters from the US and China to begin rising in April as new server CPU platforms will launch and clients' digestion of excess inventory will reach an end.
At the moment, Chenbro is mainly seeing its orders coming from cryptomining applications especially those for 4U rack system chassis.
Chenbro's consolidated revenues reached NT$437 million (US$15.21 million) in February, up 36.8% on year to hit the company's highest record for the month. The company's consolidated revenues for the first two months of 2021 also increased 29.3% on year to arrive at NT$1.01 billion.
As orders from cloud computing datacenter operators remain robust, Chenbro expects its first-quarter 2021 revenues to reach the highest level ever for the quarter. Despite increasing component costs as a result of shortages, Chenbro are still optimistic about its operation in 2021.
Chenbro has also recently expanded capacity at its plants in southern Taiwan and the new capacity will begin operating in the fourth quarter of 2021.
Chenbro is optimistic about 2021
Photo: Digitimes file photo
