Advantech’s revenue in August was 10.419 billion yuan, an annual increase of 87.52%. North America and the intelligent system group have the most prominent growth.

Advantech currently focuses on edge computing and edge artificial intelligence.

Advantech (2395), a major industrial computer manufacturer, had revenue of 10.419 billion yuan in August, a monthly decrease of 7.6% and an annual increase of 87.52%. In the first eight months of this year, the cumulative revenue was 68.203 billion yuan, an annual increase of 45.88%; observe operations in August In terms of performance, the regional market was the most prominent with North America growing at 106% year-on-year, and the business group was led by the intelligent systems business group (iSystems) with an annual growth of 93%. The growth rates of major markets and core business groups in a single month were generally higher than the average level in the previous eight months.

Advantech said that all regional markets showed strong growth in August. In addition to North American revenue doubling compared with the same period last year, the Taiwan market increased by 96% year-on-year. South Korea, Japan, and emerging markets grew by 79%, 73%, and 75% respectively. China and Europe also increased by 67% and 52% year-on-year respectively. This shows that this significant revenue growth is not concentrated in a single market, but is expanding simultaneously in major regions.

Judging from the performance of the business groups, the Intelligent System Business Group's revenue in August increased by 93% year-on-year, ranking first among the major business groups; the Embedded Sector increased by 61% year-on-year, of which the Embedded Computing and Peripheral Systems (EIoT) grew by 83%; the Application Computer Group (ACG) increased by 37% year-on-year; the Internet of Things Automation Business Group (IAutomation) increased by 36% year-on-year, and the Intelligent Service Business Group (iService) also maintained single-digit growth.

Further comparing the single-month and cumulative performance, Advantech's North American revenue increased by 52% in the first eight months, and the single-month growth in August expanded to 106%; the intelligent system business group grew by 47% in the previous eight months, and reached 93% in August; the embedded business group also increased from 38% in the previous eight months, to 61% in August. Among them, EIoT further increased from 56% in the previous eight months to 83%, reflecting that the growth rate of many major operating indicators in August was higher than the average level this year.

Advantech currently takes edge computing and edge artificial intelligence (Edge AI) as its core, focusing on five key markets including edge intelligent systems, intelligent manufacturing, energy and public utilities, intelligent medical care, and intelligent retail and services. It also integrates edge hardware platforms, industrial IoT software platforms WISE-IoT, and industrial Edge AI solutions to continue to promote global market layout.