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Primax Electronics Posts 8% Revenue Growth as PC Demand, AI Products Boost Q1 Sales

The Taiwanese component maker sees profit potential from high-margin offerings amid Trump tariff challenges
Taiwan
p 4915.TW Mid and Small Cap 2000 Tech 350
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Primax Electronics Ltd. reported NT$5.41 billion (US$170 million) in March consolidated revenue, an 8% increase year-on-year and 6% growth from February. First-quarter sales reached NT$14.77 billion (US$464 million), rising 8% annually and 12% sequentially.

The Taiwan-based manufacturer attributed its growth to early PC client orders and continued momentum from AIoT products and professional audio solutions. With higher-margin products increasing their share of the sales mix, Primax expects first-quarter profits to reach record levels.

The company, which focuses on sensory fusion technology, is advancing its Edge AI applications in audiovisual technology, including public safety equipment and AIoT visual solutions. It’s also expanding into industrial vision and acoustic testing markets to showcase its system integration capabilities.

However, Primax faces headwinds from the Trump administration’s new 32% tariffs on Taiwanese exports to the U.S., which took effect last week. The company is evaluating the impact while implementing countermeasures and maintaining close communication with clients to minimize disruption.

These tariffs exclude semiconductors but still pose significant challenges for Taiwanese electronics manufacturers like Primax, which must now navigate heightened trade tensions while maintaining operational resilience in a rapidly changing market environment.

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