Inventec posts record sales for 2024, considers U.S. factory location

Taipei, Jan. 12 (CNA) Inventec Corp., a Taiwanese contract manufacturer of electronics, reported record sales for 2024 during the company's 50th anniversary celebrations on Sunday.

Inventec recorded consolidated sales of more than NT$72.26 billion (US$2.18 billion) in December, a surge of 66 percent from a year earlier, according to the company.

Inventec's record single-month sales figure for December helped push its full-year sales 25.55 percent higher than the previous year to a company record of NT$646.29 billion in 2024, the electronics manufacturer said.

Speaking to reporters shortly before the company event at the Taipei Arena, Inventec President Jack Tsai (蔡枝安) said his company still expects growth in 2025.

However, it is difficult to project figures, and this year's growth is not expected to be as strong as last year's, he added.

Tsai also said Inventec plans to ship goods and components to the United States from its manufacturing bases in Thailand, Vietnam and Malaysia for the foreseeable future.

The company is in "wait-and-see mode" because it is difficult to predict how U.S. President-elect Donald Trump might implement tariffs when he returns to the White House, Tsai said.

If there is a need for the company to open factories in the United States, its existing facilities in Mexico will facilitate a swift relocation of production lines currently used to assemble servers, notebook computers and automotive electronics, according to Tsai.

Tsai said the company has evaluated several locations for its U.S. operations, but no decisions will be made until Trump takes office.

However, he mentioned Texas as a likely choice because of the state's adequate power supply, as well as its relative proximity to Mexico.

When asked about Nvidia's unconfirmed next-generation servers reportedly based on its GB300 platform, Tsai expressed confidence that his company will be included in production of the new product.

"There are just these few companies in Taiwan. None of them could be left out," Tsai said.