INPAQ Technology (hereinafter referred to as "INPAQ") held its 2024 investor conference on August 19th, where it presented the company's latest business developments, technological innovations, and market strategies. The company also shared its achievements across various market segments and outlined future development directions.
Revenue Performance In the first half of 2024, INPAQ's revenue reached NT$3,551,383 thousand, a 16.8% increase compared to NT$3,041,799 thousand in the same period of 2023. This growth was driven by continued expansion in the networking and automotive markets and the effective implementation of differentiation strategies. INPAQ's three major financial indicators—gross margin, operating profit margin, and after-tax net profit margin—improved to 28%, 13%, and 15%, respectively, compared to 26%, 9%, and 10% in the previous year. Earnings per share also increased from NT$2.15 to NT$3.55, demonstrating INPAQ's steady growth in the global market.
INPAQ's core business involves the manufacturing and sale of protection devices, high-frequency components, power inductors, and antennas, with products widely used in NB/PCs, automotive, networking, and mobile and wearable consumer electronics. With the rapid growth of the AI, mobile communications, and IoT markets, demand for related peripheral products has surged, particularly in the networking, NB/PC, and automotive markets. INPAQ offers customers high-performance end-to-end networking solutions, focusing on key product areas such as high-frequency, computing, and power needs. As global demand for network infrastructure increases, the company will continue to invest in research and development to provide market-leading solutions.
Operational Development Focus INPAQ's operational development will focus on the following key areas:
Future Outlook Looking ahead, INPAQ will continue to uphold its core philosophy of "We Connect, We Protect" while deepening its presence in existing markets and actively exploring opportunities in emerging markets. The company will continue to invest in R&D in products that meet critical needs in high-frequency, computing, and power, to respond to the rapidly changing global technology environment. Additionally, INPAQ will strengthen partnerships with leading global companies, promoting the development of next-generation technologies through joint innovation and technology sharing. The company will also maintain its focus on sustainability, actively advancing green manufacturing and environmentally friendly product development to achieve harmonious development between the enterprise and the environment.