Total sales from business also increasing every year
SoluM said on Tuesday that it is seeing sales from its supply of server power switch equipment to Intel increasing over 50% per year since 2019.
The product it supplies to the chip giant was high-efficiency and high-density and it is seeing orders for the increase every year, the South Korean component maker said.
SoluM supplies server and network power switching equipment to US IT companies like Intel.
Meanwhile, the South Korean company in 2019 recorded 25 billion won in sales from its power switching equipment business. It is expected to reach sales of 35 billion won this year.
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