Despite its long presence in the market, AI has struggled to deliver a profitable model. Advantech Chairman K.C. Liu believes that the continuous wave of AI innovation over the past two years, along with the emergence of AI Agents, will finally merge AI with industry in a way that unlocks clear profit pathways, setting the stage for future growth.

The global semiconductor market is experiencing strain as inventory adjustments across the electronics sector weigh heavily on growth. According to DIGITIMES Research, the Outsourced Semiconductor Assembly and Test (OSAT) industry is projected to see a 15% revenue decline in 2023, dropping to US$35 billion.

The US government is considering imposing restrictions as early as August to restrict China’s access to crucial High Bandwidth Memory (HBM) chips and related manufacturing equipment products, which are essential for AI development. This move is seen as a targeted effort against CXMT’s commercialization of its self-developed HBM technology, and will further intensify the tech competition between the US and China.