Nextron is Evolving! 2024 Investor Conference
Three years after last investor conference, Nextron held 2024 investor conference today at the Grand Hyatt Taipei, attended by over a hundred institutional investors, experts, and media. The conference was opened with a speech by Chairman Stephen Hsu, who first expressed gratitude to the shareholders and investors for their support of Nextron. Despite the challenges posed by the pandemic and various industry changes, Nextron has not only continued to innovate but has also evolved to keep pace with global trends.
Next, the company's spokesperson, Peter Liu, provided an overview of the changes Nextron has undergone over the past three years. Since achieving its first annual revenue of over NT$1 billion in 2022, Nextron has ridden the wave of AI in 2023. By leveraging its three main product lines—connectors, mechanical components, and thermal solutions— Nextron expects to set new revenue records in 2024.
During the conference, Nextron also reported the latest developments in five key sectors: Medical, Aerospace, Transportation, Industrial, and Communications (MATIC). Whether in advanced surgical devices, unmanned aerial vehicles, low-orbit satellites, or the recently trending AI humanoid robots, Nextron has already achieved tangible results.
The most anticipated topic of the conference was Nextron’s advancements in the AI sector. The company highlighted its involvement from 200G to 1.6T technology and even CPO, ensuring it remains a significant player in the field. Recent growth in the AI sector has been further boosted by opportunities in GPU accelerator card components (OAM) and water-cooling solutions, which are expected to drive growth from the second half of this year through 2025.
Institutional investors and media representatives were particularly interested in the company’s outlook for 2025. General Manager Kevin Chen stated that this year's growth has been promising, with orders visible through the end of the year. There is also optimism from end customers heading into 2025. However, due to substantial investments and R&D costs, EPS is not the company's primary focus in the short term. The goal is to maintain double-digit revenue growth, sustain profit margins, and gradually achieve a market capitalization of NT$10 billion.
