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Advantech Eyes Record Q4 Revenue and Double-Digit Growth Through 2027
Electronic Technology · Computer Communications · economic_daily · 2026-11-04
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Industrial PC leader Advantech projects record-breaking fourth-quarter revenue, fueled by robust demand in North America, China, and Europe, alongside long-term growth in AI and edge computing.
What Happened
Operational Outlook: Advantech’s Embedded IoT Group GM, Zhang Jiahao, highlighted strong order-to-bill ratios across North America, China, and Europe. The company remains optimistic about its growth trajectory, targeting high double-digit revenue increases by 2027.
Financial Guidance: Based on an exchange rate of 31.8 TWD per USD, Advantech forecasts Q4 revenue between $970 million and $990 million. CFO Chen Qingxi noted that while the guidance is conservative, the company expects to maintain solid performance despite fewer working days in December.
Growth Drivers: Demand for AI computing power, semiconductor automation, and medical applications continues to rise. New business segments, including robotics, new energy, and ruggedized devices, are expected to serve as key catalysts for future expansion.
Recent Performance: Advantech reported record-breaking Q3 results, with net profit reaching 6.218 billion TWD and EPS of 7.15 TWD. The company demonstrated strong profitability, with operating margins showing significant year-over-year improvement.