Tech war: Hong Kong maker of Nvidia
graphics cards PC Partner moves to Singapore
- PC Partner Group has moved its headquarters to Singapore and listed shares there
- The company opened a new factory in Indonesia to expand in Southeast Asia
- PC Partner is shifting operations due to rising geopolitical tensions and supply chain pressures
- The company aims to diversify beyond China, following a “China+1” strategy
- PC Partner’s revenue grew 18.4% in the first half of 2024, mainly from higher graphics card sales
PC Partner Group, a Hong Kong-based company that assembles graphics cards using Nvidia chips, has moved its headquarters to Singapore and listed its shares there. This shift is part of its strategy to expand its research, development, and manufacturing in Southeast Asia. The company also opened a new factory in Indonesia in mid-November.
Founded in 1997, PC Partner’s move comes at a time when many global companies are reducing their business operations in China due to rising geopolitical tensions, especially between China and the US. US tariffs on Chinese products and export restrictions on advanced semiconductors, including Nvidia’s top chips, are pushing companies to seek alternatives.
PC Partner assembles gaming hardware under brands like ZOTAC, Inno3D, and Manli, and it also provides manufacturing services. The new Indonesian plant is located in Batam, close to Singapore, and the company plans to open a Singapore branch for better business coverage in Southeast Asia.
The company’s revenue grew by 18.4% in the first half of 2024, driven by higher graphics card sales. PC Partner is focusing on diversifying beyond China, a strategy known as “China+1,” and may eventually move its listing to Singapore as its primary exchange, potentially delisting from Hong Kong.
Read the full article: Hong Kong maker of Nvidia graphics cards PC Partner moves to Singapore
