Primax Electronics Ltd. (TWSE: 4915) today announced its consolidated revenue for January was NT$5.42 billion, up 34% year-over-year (YoY) and 33.5% month-over-month (MoM).

Primax’s January sales revenue increased high double digit on YoY and MoM basis thanks chiefly to PC rush orders and partial pull-in due to Chinese New Year. Riding on widen AI application trend, AI PC is expected to trigger PC upgrade demand and further inject new business opportunities for Primax’s PC peripheral segment.

Primax showcased its comprehensive range of innovative products at the Consumer Electronics Show (CES) 2024. Under the theme of "The Transformative Role of Artificial Intelligence (AI)". Primax’s 3 senses in 1 integrated solutions (vision, audio, and interface technologies) provide users with a fresh and innovative experience. Our efforts in past few years are expected to provide growth momentum going forward. Primax’s products and solutions fit seamlessly into the current AI trend, offering a full range of cutting-edge solutions including public safety related products, AIoT (B2B) visual solutions, smart doorlook solutions, etc. Primax is committed to seamlessly incorporating AI into its products and services, aiming to enhance both security and convenience. Furthermore, our AI smart camera features AI-enhanced functionalities such as auto-follow and gesture recognition, marking a significant leap in digital photography and video conferencing, also catering to a wide array of applications from AR/VR to smart transportation and smart medical devices.

In automotive sectors, in addition to ADAS/AVAS product offerings, our fleet management system integrates with AI edge computing and collaborates with VicOne, a leading automotive cybersecurity solutions provider, we aim to deliver a safe and secure end-device product. Primax will continue to invest in new product development, offer advanced customized services, and provide innovative applications to further strengthen mid to long term growth opportunities.