Mainboard-listed InnoTek approved as vendor for Nvidia, Shenzhen-listed Ieit Systems
The group has been proactively engaging new customers in AI-related fields over the last two years
Mainboard-listed InnoTek has been approved as a recommended vendor for Nvidia Corporation and Shenzhen-listed Ieit Systems as of September this year, the company said on Monday (Oct 13).
This comes as two subsidiaries of the supplier of high-precision disk drive components clinched projects to produce components for Nvidia and Ieit Systems, the company said in a Monday bourse filing.
Lou Yiliang, chief executive officer of InnoTek, said that the company is investing in various high-end precision equipment to support Nvidia and other artificial intelligence (AI) projects. This will provide InnoTek with additional capacity and allow it to build on its track record in the graphics processing unit (GPU) space to secure new opportunities, Lou said.
InnoTek’s subsidiary Magix Mechatronics (Dongguan) Company has secured initial precision machining orders for components used in Nvidia products, with production expected to commence in Q4 FY2025, the group said.
It added that it has been “proactively engaging” Nvidia – which manufactures high-end GPUs essential for training and running AI models – by delivering prototypes to support its AI server platforms and data centres.
Meanwhile, another InnoTek subsidiary, Sun Mansfield Manufacturing (Dongguan) Company, has been awarded a new project by Ieit Systems, a provider of data centre and cloud computing infrastructure listed on the Shenzhen Stock Exchange.
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Ieit is part of the Chinese state-owned Inspur Group, which is the country’s largest server manufacturer and one of the top global suppliers by market share, InnoTek said. Inspur Group designs, develops and manufactures high-performance servers, storage systems and AI computing platforms, with customers in more than 120 countries.
InnoTek expects the production of metal casings and components for GPU unit servers for Ieit Systems to commence in October.
“Over the past two years, the group has been proactively engaging new customers in AI-related fields, while investing in new product development for GPU server products, such as advanced GPU server chassis and liquid-cooling systems, in response to growing demand across sectors such as artificial intelligence and cloud computing,” the company said.
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InnoTek shares ended Friday 0.9 per cent or S$0.005 lower at S$0.55.
