Advantech Co., Taiwan’s leading industrial computer maker, reported a 25% jump in first-quarter revenue to NT$17.35 billion ($528 million), with net income surging 37% to NT$2.73 billion as the company’s Edge AI market expansion gains traction.
The industrial computing firm posted earnings per share of NT$3.17, maintaining a 40.5% gross margin and 16.9% operating margin. Advantech’s book-to-bill ratio reached 1.08, with Europe and China showing improved ratios of 1.10 and 1.07 respectively, while North America dipped slightly to 1.05.
By region, North America led growth with 23% year-over-year gains, followed by Europe at 25% and China at 11%. The company’s intelligent services division saw the strongest performance with 41% growth, while systems and automation segments grew 27% and 20% respectively.
Despite robust performance, Advantech cautioned that geopolitical tensions and tariff issues could affect order visibility and delivery times in coming quarters. The company says it has adjusted shipment structures and strengthened supply chain resilience to mitigate these uncertainties.
Founded in 1981, Advantech is the world’s largest industrial PC supplier with manufacturing facilities primarily in Taiwan and China.