Aspeed Technology Inc. was established in November 26, 2004 focusing on Server Management and SOC centric multimedia. After released its first generation server management IC in October 2005, it achieved its break even by third quarter of very next year. Ever since then it has steadily continue its growth and profit steady even during the financial crisis in 2008.
According to Topology Research Institute, ‘Cloud Computing’ will continue to grow substantially in the future. The server and storage equipment will grow from 54 Billion US dollars in 2010 to 128 Billion US dollars in 2013 with the annual compound growth rate of 33.33%. Cloud computing refers to multiple middle to low end servers distribution and parallel computing models to finish a mass data processing rapidly in order to achieve performance as super computers. It helps users to reduce costs and power consumption. Due to the needs for server is expanding; the server management will continue to increase. Thus ASPEED server management IC will continue to grow.
In addition to focus on Server Management’s research and expanding market share, ASPEED has expand its market to consumer terminal PC/NB applications such as Desktop Virtualization and Digital Signage management, and Surveillance management. (Desktop Virtualization and Digital Signage Management ICs has officially launched and Surveillance ICs will be launched in 2011.) In order to reduce the business risk and increase its operating achievement, ASPEED has diversity its products lines sales and development.
ASPEED will continue to grow in the existing server management market with the extension of consumer terminal PC/NB applications and Surveillance management. We believe ASPEED is on the horizon of expending stage. We are planning on initial public offerings in 2011, and OTC offering by 2012. To create the best interests for shareholders and our employees, we are recruiting outstanding employees, response fast to the market change and deliver product diversification to the market.
