Compal’s September revenue doubles year-over-year; fourth quarter operations are better than third quarter

Compal is expanding its AI server layout, targeting the power supply and cooling needs brought about by high-density computing in AI factories.

[Reporter Fang Weijie/Taipei Report] Compal (2324) revenue in September was 94.434 billion yuan, a monthly increase of 40.2% and an annual increase of 35.3%. In the third quarter, revenue was 242.777 billion yuan, a quarterly increase of 3.9% and an annual increase of 32.3%. The cumulative revenue in the first nine months of this year was 682.375 billion yuan, an annual increase of 20.4%.

Compal shipped 1.7 million PCs in September, a monthly increase of 21.4% and a year-on-year decrease of 32%. In the third quarter, it shipped 4.9 million units, a quarter-to-quarter decrease of 21% and a year-on-year decrease of 31%. Management stated that PC demand is weak and visibility is not high at present. Other non-PC products (servers, smart devices) are being shipped as targeted. The overall operation in the fourth quarter is expected to be better than the third quarter performance. Detailed outlook will be further provided when the financial report is released in mid-November.

Compal is expanding its AI server layout, aiming at the power supply and cooling needs brought about by high-density computing in AI factories. The management will demonstrate the new generation AI factory infrastructure at the OCP Global Summit and promote the 800VDC DC power supply architecture, megawatt power infrastructure and advanced liquid cooling technology to create an AI infrastructure "from power grid to GPU".