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Advantech September Revenue Hits $10.7 Billion, Second-Highest Monthly Record
Electronic Technology · Computer Processing Hardware · economic_daily · 2026-10-07
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Industrial PC giant Advantech reported a 73.1% year-over-year revenue surge in September, marking its second-highest monthly performance on record.
What Happened
Revenue Performance: Industrial PC leader Advantech announced a September consolidated revenue of NT$10.749 billion, representing a 73.14% year-over-year increase and the second-highest monthly figure in its history. The company also achieved a record-breaking quarterly revenue of NT$32.44 billion for Q3, up 83% from the previous year.
Regional and Segment Growth: The North American market led the surge with a 108% year-over-year growth, while Europe, China, and Taiwan also showed robust double-digit gains. All major business units, including Intelligent Systems and IoT Automation, reported strong growth, underscoring the success of the company's diversified strategy.
Growth Drivers: CFO Chen Ching-hsi attributed the milestone of exceeding $1 billion in quarterly revenue to the edge AI trend and strong demand for semiconductor equipment and robotics. The company's book-to-bill ratio remains in a growth trend, indicating sustained momentum across key markets.
Global Strategy: Advantech continues to deepen its global footprint, highlighted by the official opening of its new headquarters in Tustin, Southern California. This facility is expected to enhance local assembly, technical services, and customer collaboration to better serve the regional ecosystem.