Quanta's revenue in September hits a new high for the same period, VR200 is shipped in small quantities in the fourth quarter

Quanta benefited from strong order momentum for AI servers, and its revenue in September hit a new high for the same period. (File photo)

[Reporter Fang Weijie/Taipei Report] Quanta (2382) benefited from strong order momentum for AI servers. Revenue in September was 325.3 billion yuan, a significant increase of 76.7% over the same period last year, setting a new high for the same period. However, due to In August, revenue set a new record and increased the comparison base period. In addition, in line with the shipment schedule specified by customers, single-month performance fell by 23.3%. Quanta is optimistic that VR200 will be shipped in small quantities in the fourth quarter and will increase its operating capacity next year.

Quanta's revenue in the third quarter of this year was 1.11554 billion yuan, a quarterly increase of 7.6% and an annual increase of 125.2%. In the first nine months of this year, the cumulative revenue was 2.96135 billion yuan, an annual increase of 99.4%. Looking at notebook computer shipments, assisted by the quarter-end effect, 4.2 million units were shipped in a single month in September, a monthly increase of 61.5% and an annual decrease of 8.7%. In the third quarter, 9.6 million units were shipped, a quarterly decrease of 16.5% and an annual decrease of 24.4%.

Quanta stated that it had previously expected that the PC market would see a double-digit decline throughout the year. This view has not changed. The relatively strong momentum of purchasing goods in the first half of the year mainly comes from strategic inventory adjustments made by customers in response to rising memory costs and unstable supply.

When it comes to the AI ​​server business, Quanta pointed out that the overall production status of NVIDIA GB300 is quite smooth and can meet the customer's shipping schedule. The new generation product Vera Rubin has begun trial production at the end of the third quarter and will be shipped in small quantities in the fourth quarter. The company's main ramp-up time will be in the first quarter of next year. The gap between the accounting closing time and the actual delivery schedule of customers is one of the reasons for the fluctuation of revenue data, but it does not affect the optimistic view of the entire quarter or the year.

Regarding production capacity, Quanta has continued to expand production in Thailand, Vietnam, Mexico and other places since 2018. In the past few years, the largest expansion has been in the U.S. factory. At present, the larger expansion progress in the new phase has been roughly completed, and the existing production capacity layout can meet customer needs.