FII(601138)2024-01-12 09:52Group 1: AI Server Market Insights - The growth rate of AI servers is expected to slow down in 2024, with a forecast of 20%-30% annual growth from 2024 to 2026, following a 38% growth in 2023 [2] - The company's AI GenAI server revenue has doubled in the first three quarters of 2023, maintaining a significant share of the overall AI server market [2] - Over 70% of businesses, including large enterprises and startups, have begun investing in generative AI applications, with the company actively integrating AI in various operational processes [2] Group 2: Competitive Advantages and Market Position - The company maintains a competitive edge in the AI server market due to its long-term partnerships with clients and strong technological capabilities [2] - The company is positioned to provide comprehensive solutions with a global footprint, enhancing its ability to collaborate with clients locally [2] - The company holds over 75% market share in its primary customer base, which includes leading global cloud service providers [3] Group 3: Revenue Growth and Future Strategies - The company plans to enhance profitability by focusing on existing major clients while also exploring new customer acquisition [3] - Revenue from high-speed switches and routers is experiencing double-digit growth, driven by the demand for AI data centers and network upgrades [3] - The company has seen consistent revenue and profit growth in its communication network business over the past four years, attributed to increasing market share among top-tier clients [3]