Issue on: 2024/08/07
ELAN Monthly Sales Report – July 2024
ELAN Microelectronics Corp. (the Company), a leading touch controller solution provider in global NB market, announced its consolidated net sales of NT$ 1,099 million for July 2024, up 6.73% MoM, down 0.33% YoY. Revenue remained stable due to unstable macroeconomics and slow recovery of demand in consumer electronics market. However, in long term, the company will benefit from AI PC, which is clearly an upside in the industry. We closely follow customers’ roadmap, developing AI market and further generating the greatest value for brand customers and the company.
Sales for July 2024 --YoY Comparison | Unit: NT$ Thousand | |||
Year | 2024 | 2023 | YoY | |
Net Sales | 1,098,933 | 1,102,522 | -0.33% | |
(Consolidated) | ||||
The sales breakdown in July 2024: Touchpad Module 50%, Touchscreen Controller 21%, Fingerprint Sensor 11%, Pointstick (PST) 12%, Microcontroller 3%, and 3% from the sales of affiliates. Touch applications, including biometric applications, accounted for 82% and non-touch applications accounted for 18%.
NB market in 2Q was primarily impacted by macroeconomics, which led to a slower than expected recovery of consumer demand. However, the company is confident in AI PC trend with various models launch onto the market, which will also significantly benefit the company in the future. With the high computational power of NPU combined with CPU, GPU and edge computing, the growth momentum of entire supply chain will booth, highly improving work efficiency for users, picturing a brand new NB market.
In the NB market in 2024, general market research institutions view the market positively as a gradual growth trend, with a fully prepared AI PC supply chain, growth in 2025 is expected to be more significant. We analyze the information from supply chain, AI PC is expected to come in 4Q24 or 1H25 at the earliest and contribute a significant growth. At the same time,
<http://www.emc.com.tw/emc/en.>>
1
integrating AI-functional hardware chips and software into NB will change the long-standing traditional ecology of the NB market to improve the individuals’ or enterprises’ productivity demands which are the focuses of the NB industry chain in 2024.
ELAN will continue to focus on "content value increase", through existing AI technology to integrate AI functions, algorithms and data to provide better total solutions, which will raise our chips or modules prices to drive up the operating efficiency.
Contacts： | |||
■ | Spokesperson： Dennis Liu | E-mail:dennis_liu@emc.com.tw | |
■ | IR Contact： | Emily Chiang | E-mail:emily@emc.com.tw |
Zoe Hsieh | E-mail:zoe.hsieh@emc.com.tw |
<http://www.emc.com.tw/emc/en.>>
2