Advantech Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Miller Chang
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | no data |
| CEO ownership | 0.02% |
| Management average tenure | 3.8yrs |
| Board average tenure | 9.1yrs |
Recent management updates
Recent updates
Narrative Update • Jun 17
2395: Edge AI Expansion And Extra Dividends Will Support Measured Medium Term Upside
Analysts have kept their Advantech price target broadly stable at around NT$489.73, reflecting updated assumptions on discount rate, revenue growth, profit margin and future P/E that leave their overall valuation view largely unchanged. What’s in the News for Advantech Advantech issued earnings guidance for the second quarter of 2026, with expected revenue between US$650 million and US$670 million based on an exchange rate of US$1 to TWD 31.5, and anticipated operating margin in the 16% to 18% range.Narrative Update • Jun 02
2395: Edge AI Rollout And Dividends Will Support Balanced Medium Term Upside
Analysts have raised Advantech's price target from NT$358.07 to NT$489.73, citing updated assumptions for revenue growth, profit margins, and a higher future P/E multiple. What's in the News Advantech issued earnings guidance for the second quarter of 2026, projecting revenue between US$650 million and US$670 million based on an exchange rate of US$1 to TWD 31.5, with an expected operating margin of 16% to 18%.
New Narrative • Jun 01
Edge AI Dependence And Semiconductor Exposure Will Tighten Margins And Restrain Long Term Prospects
Catalysts About Advantech Advantech provides industrial computing, edge computing and Internet of Things hardware and services used across sectors such as semiconductors, factory automation, transportation, energy, medical and smart cities. What are the underlying business or industry changes driving this perspective?
New Narrative • May 12
Edge AI And Robotics Expansion Will Drive A Powerful Multi Year Upside Story
Catalysts About Advantech Advantech supplies industrial edge computing, IoT automation, embedded systems and Edge AI hardware and platforms used across sectors such as semiconductors, medical equipment, transportation and energy. What are the underlying business or industry changes driving this perspective?Narrative Update • Feb 24
2395: Edge AI Compute Rollout And Open MIPI Standard Will Drive Upside
Analysts have kept their fair value estimate for Advantech steady at NT$358.07 per share, with only marginal tweaks to inputs such as the discount rate, long term revenue growth, profit margin and future P/E assumptions resulting in a very small downward revision in the price target. What's in the News Advantech is integrating Intel Core Ultra Series 3 processors, built on Intel 18A, into upcoming industrial motherboards and edge AI computers.Narrative Update • Feb 10
2395: Edge AI Partnerships And Wi Fi 7 Platform Expansion Will Support Upside
Analysts have trimmed their fair value estimate for Advantech by about $1 to roughly $358, reflecting slightly updated assumptions on discount rate, revenue growth, profit margins and future P/E that leave the overall valuation framework broadly unchanged. What's in the News Advantech is integrating Intel Core Ultra Series 3 processors, built on Intel 18A, into upcoming industrial motherboards and edge AI computers, targeting real-time defect inspection, predictive maintenance, and intelligent monitoring at the edge (Client Announcement).Narrative Update • Jan 24
2395: Edge AI Partnerships And Platforms Will Support Future Upside Potential
Analysts have kept their fair value estimate for Advantech unchanged at what they view as around fair value, while making only slight tweaks to assumptions on the discount rate, revenue growth, profit margin and future P/E that together support maintaining the current price target level. What's in the News Advantech plans to integrate Intel Core Ultra Series 3 processors, built on Intel 18A, into upcoming industrial motherboards and edge AI computers, targeting use cases such as real-time defect inspection, predictive maintenance, and intelligent monitoring at the edge (Client Announcements).Narrative Update • Jan 08
2395: Edge AI Platforms And Partnerships Will Support Long Term Leadership
Narrative Update on Advantech Analysts now see Advantech’s fair value at US$359.07, up slightly from US$357.60, reflecting small adjustments to the discount rate and future P/E assumptions rather than any major change in the underlying outlook. What's in the News Advantech plans to integrate Intel Core Ultra Series 3 processors, built on Intel 18A, into upcoming industrial motherboards and edge AI computers, targeting higher on-device AI performance and lower cloud data costs for workloads such as real-time inspection and predictive maintenance (Client Announcements).Narrative Update • Dec 24
2395: New Edge AI Alliances Will Drive Long Term Market Leadership
Analysts have nudged their price target for Advantech slightly higher to reflect modest improvements in long term profitability and valuation assumptions, while keeping overall fair value broadly unchanged. What's in the News Launched MIPI-C, an open MIPI over USB Type-C standard that extends camera cable length to 2 meters, improves EMI resistance, and supports 2K to 4K imaging for AI robotics and machine vision, with patents and specifications opened to ecosystem partners (Key Developments).Narrative Update • Dec 10
2395: New Edge AI Alliances Will Drive Long Term Market Leadership
Analysts have modestly raised their price target on Advantech, citing a slightly higher assumed future price-to-earnings multiple and stable long-term growth and margin forecasts that together support a valuation now hovering around $358 per share. What's in the News Announced a collaboration with D3 Embedded to integrate Advantech AFE R360/R760 platforms with advanced GMSL2 camera systems, enhancing AI powered vision and object recognition for autonomous mobile robots in manufacturing, warehouse, and retail settings (client announcement).Narrative Update • Nov 25
2395: New Alliances Will Drive Edge AI Leadership And Industrial Market Gains
Analysts have revised their fair value price target for Advantech slightly downward from $365.73 to $357.60. They cite modest adjustments to key financial assumptions, including projected profit margins and discount rates.Narrative Update • Nov 06
2395: Collaboration On Edge AI Solutions Will Drive Future Industry Leadership
Analysts have slightly lowered their price target for Advantech from $372.14 to $365.73. They cite modest adjustments to revenue growth, profit margins, and discount rates in their updated expectations.Narrative Update • Sep 06
US And China Facility Investments Will Secure Resilient Industry Leadership
With the discount rate for Advantech declining slightly while the future P/E remains stable, the consensus analyst price target has effectively held steady at NT$372.14. What's in the News Advantech announced the MIC-742-AT Robotics Development Kit powered by NVIDIA Jetson Thor, featuring ultra-high AI performance, Holoscan platform support, low-latency multimodal sensor synchronization, and targeting advanced robotics applications.
New Narrative • Nov 25
Tactical R&D In Edge AI And US Expansion Set To Revitalize Growth And Margins
Strategic investments in Edge AI and software engineering aim to drive growth and innovation, enhancing revenue through high-value product development.CEO
Miller Chang (56 yo)
no data
Tenure
Mr. Miller Chang is President of Advantech Co., Ltd. and serves as its President of Embedded Sector from 2024. He served as President of Embedded IoT at Advantech Co., Ltd.until 2024. He served as Preside...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Executive Chairman | 40.6yrs | NT$9.03m | 3.77% NT$ 16.2b | |
| Founder & Non-Executive Director | no data | NT$2.00m | no data | |
| President & President of Embedded Sector | no data | no data | 0.024% NT$ 102.5m | |
| President | no data | no data | no data | |
| CFO & Accounting Supervisor | 5.8yrs | no data | no data | |
| President of Intelligent System Sector & COO | less than a year | no data | 0.073% NT$ 311.7m | |
| Senior Manager of Chairman & Investor Relations Chief Manager | no data | no data | no data | |
| Managing Director of Advantech China | 2.4yrs | no data | no data | |
| Managing Director of Advantech Korea | 2.4yrs | no data | no data | |
| Managing Director of Asia & Intercontinental Region (AInterCon) | 5.1yrs | no data | no data | |
| Director of Embedded IoT Group | no data | no data | no data | |
| Vice President of IoT Automation Sector | no data | no data | no data |
3.8yrs
Average Tenure
72yo
Average Age
Experienced Management: 2395's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Executive Chairman | 40.6yrs | NT$9.03m | 3.77% NT$ 16.2b | |
| Founder & Non-Executive Director | 9.1yrs | NT$2.00m | no data | |
| Supervisor | 21.1yrs | no data | no data | |
| Independent Director | 9.1yrs | NT$4.20m | no data | |
| Non-Executive Director | 12yrs | NT$3.00m | no data | |
| Supervisor | 12yrs | no data | no data | |
| Representative Director | no data | NT$2.00m | 0.0077% NT$ 33.2m | |
| Independent Director | 6.1yrs | NT$3.00m | no data | |
| Representative Director | 6.1yrs | NT$6.31m | 0.048% NT$ 204.3m | |
| Representative Director | 3.1yrs | NT$5.78m | 0.043% NT$ 182.8m | |
| Independent Director | 3.1yrs | NT$4.20m | no data | |
| Non-Executive Director | 3.1yrs | NT$3.00m | no data |
9.1yrs
Average Tenure
74yo
Average Age
Experienced Board: 2395's board of directors are considered experienced (9.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/21 23:38 |
| End of Day Share Price | 2026/06/18 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Advantech Co., Ltd. is covered by 31 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Aaron Wu | Barclays |
| Robert Cheng | BofA Global Research |
| Zhaoxiang Yen | Capital Securities Corporation |