Primax Electronics Ltd. (TWSE: 4915) today announced its consolidated revenue for July amounted to NT$5.02 billion, a 0.1% year-over-year (YoY) increase. For January through July, Primax’s cumulative consolidated revenue was NT$34.04 billion, a 4.8% YoY decrease.

Primax will benefit from the rise of AI trends. Thanks to Primax’s X-in-One Sensory Fusion capabilities, Primax is expanding products into cross-industry applications. As the automotive industry shifts towards the development of multi-sensor ecosystem, Primax will leverage off its group synergies and develop the advanced acoustic and visual technologies, including ADAS, AVAS, transducers and amplifiers and etc.. Primax is actively expand market opportunities as it integrates various sensory fusion technologies. Furthermore, the company continues to develop niche market segments, such as public safety and AIoT (B2B) visual solutions and etc..

Meanwhile, the company is investing in industrial AI solutions, including industrial vision, acoustic inspection and service robot, offering diverse and customized services to meet client needs and further enhancing market competitiveness and profitability.