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ASRock Rack Prepares for IPO Amid Edge AI Growth

Electronic Technology · Computer Peripherals · economic_daily · 2026-09-20

7710

ASRock Rack, a subsidiary of Pegatron, is moving toward a mainboard listing, driven by strong growth in edge AI and a significant increase in year-to-date revenue.

What Happened

IPO Progress: ASRock Rack is preparing to transition from the Emerging Stock Board to a mainboard listing, with management expressing confidence in sustained operational momentum through new system-level projects.

Financial Performance: The company reported a 97.1% year-on-year increase in revenue for the first eight months of the year, with first-half net profit showing significant growth and EPS reaching 4.3 TWD.

Market Diversification: ASRock Rack's products are increasingly utilized in entertainment, automation, and semiconductor manufacturing, with the Americas accounting for 62% of total revenue.

Strategic Outlook: The company is shifting its focus from component-level supply to L10 system-level solutions, a transition expected to drive significant growth by 2027 as edge AI demand continues to rise.

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