The combined revenues of primary Taiwanese industrial PC (IPC) companies totaled about NT$143.4 billion (US$4.445 billion) in the first half of 2024, representing a year-on-year decrease of 0.3%. Nevertheless, the IPC industry's inventory clearance process is nearing its end.
The leading companies are optimistic that their revenues will increase quarter by quarter, given that most of their book-to-bill (B/B) ratios have recently recovered to 1-1.2, according to DIGITIMES Research, which added that the industry's revenues split for the first and second half of 2024 will be approximately 46:54, signaling the potential end of the two-year decline.
Furthermore, most major Taiwanese IPC firms have recently focused on business collaborations in the retail sector, highlighting the significant market potential for integrating AI with IPC in smart retailing.
Chart 1: Combined revenues of Taiwan IPC makers, 1Q23-2Q24 (NT$b)
Chart 2: Annual revenue growth and gross margin of major IPC makers, 1H24
Chart 3: Gross margin of major Taiwan IPC makers and average of all, 1Q23-2Q24
Chart 5: Combined revenues of Taiwan IPC makers, 3Q23-4Q24 (NT$b)
Table 1: Key developments of Ennoconn during transformation of IPC 1.0 to 3.0
Table 2: Advantech's recent tech alliances with firms from different fields over generative AI
