By Meryl Kao / Staff reporter
MiTAC Holdings Corp (神達控股) yesterday said it expects positive revenue growth momentum this quarter and for rest of the year, driven by continued robust demand for artificial intelligence (AI) applications and data centers amid strong client front-loading momentum.Growth momentum for this year is “without a doubt,” especially as most demand is not coming from one-time orders, but reflects long-term growth trends, MiTAC president Billy Ho (何繼武) told an investors’ conference.MiTAC Holdings Corp comprises subsidiaries including MiTAC Computing Technology Corp (神雲科技), which manufactures servers and storage devices, as well as MiTAC Digital Technology Corp (神達數位) and MiTAC International Corp (神達電腦).
MiTAC International Corp’s logo is pictured in an undated photograph.
Last quarter, MiTAC Computing accounted for 90.1 percent of MiTAC Holdings Corp’s total revenue of NT$31.86 billion (US$1.01 billion), followed by MiTAC Digital Technology Corp at 7.8 percent and MiTAC International at 2.1 percent.MiTAC Computing is seeing strong growth momentum, as capital spending by major cloud service providers (CSPs) on AI-related applications is expected to reach US$700 billion this year, Ho said.
