Advantech profit soars - Taipei Times
Leading industrial PC maker Advantech Co (研華) on Friday reported record revenue and profit for this year’s first quarter, but said component shortages, as well as COVID-19 lockdowns and logistics constraints in China, would affect its revenue outlook in the second quarter. “Benefiting from steady recovery from major markets and strong demand for new energy such as electric vehicles, solar and wind power, Advantech continuously outperformed in the first quarter of 2022,” Advantech chief financial officer and Eric Chen (陳清熙), who is also president of general management, said in a...