Getac's stock price bucked the trend and rose, benefiting from rising international geopolitics and boosting demand for military industry

Amid the warming of local geopolitics in the world, Getac's military business prospects are promising. (File photo)

[Reporter Fang Weijie/Report from Taipei] Rugged computer manufacturer Getac (3005) is not afraid of the market plunge today. Amid the warming of local geopolitics in the world, the prospects of its military industry business are highly optimistic. In addition, management sees a positive outlook for the company in the second half of the year, which encourages the stock price to open lower and higher, turning from black to red. As of 9:45 a.m., it was temporarily trading at 117 yuan, an increase of 1.3%, with a trading volume of 1,051 contracts.

Getac has observed that at the beginning of this year, it was obvious that the increase in global defense expenditures has driven the demand for related military industry orders. Not only NATO and the United States, but also the Middle East, Southeast Asia and other regions have increased, which is a good opportunity for Getac. The company has also been looking for local drone partners in the United States, Europe and other markets, and both parties will provide professional technologies and jointly test and integrate them.

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Getac is optimistic that its overall revenue will grow by 5% to 10% this year, and it aims to continue its growth momentum next year. In addition to drones, Getac is also expanding into high-value-added automotive components. The new products have a higher processing level and the unit price can be 3 to 5 times higher than existing automotive components. Mass production is expected to begin in the fourth quarter of this year, and there is an opportunity for related businesses to further blossom next year.

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