Market Trends

New Listed Company: Twoway Group (8045)

Anthea Chuang
Associate at TWSE

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The main products and services of Twoway Group can be divided into two product chains: broadband devices and artificial intelligence of things (AIoT) products. The broadband devices include RF amplifiers, fiber optics, and GPON related devices, whilst AIoT products include Internet of Things (IoT), military devices, and AI intelligent application management platforms.

I. The Company’s Products and Technologies are Competitive Internationally

Twoway Group focuses on RF broadband amplifiers and fiber optic transmission technology, and ensures high reliability and stability of its products through its independent technological advantages. Of special emphasis is key technologies such as RF signal processing and optical signal processing where Twoway Group has been investing in R&D for a long time and has a professional R&D and application engineering team that can provide complete solutions from product design to production. The core of Twoway Group is the R&D unit with an annual R&D budget of approximately NT$100 million, accounting for 5% to 10% of its operating revenue. The company has completed the layout of its key products already developed, including 1.8 GHz high-bandwidth cross-platform amplifier series and digital transmission optical nodes for hybrid fiber coaxial network, outdoor ultra-high power fiber amplifiers, and the integrated solution of XGPON fiber to home networks.

Figure 1: RF amplifier

Figure 2:DSIM (Digital Signal Intelligent Module)

With the popularization of AIoT technology worldwide, Twoway Group continues expanding the application scope of its AIoT devices and further penetrate fields such as large-scale smart monitoring systems, long-term care, remote monitoring, and public safety. By providing comprehensive solutions for the integration of IoT devices and combining big data and AI technologies to enhance product connectivity and intelligence, Twoway Group can offer solutions such as satellite communication, thermal imaging, and drone communication to meet the needs of different industries.

Figure 3:AIoT (Artificial Intelligence of Things)

II. International Market Layout Planning

Twoway Group markets products under its own brand ACI globally, and has been deeply cultivating the North American market for over 20 years. The company is renowned for its excellent quality and fast delivery, and with its unique technologies to solve customers’ pain points, it has successfully entered the first-tier supply chain of large North American operators. After the company’s launch of its patented ACI DSIM (Digital Signal Intelligent Module) products in 2012, their uniqueness and importance increased brand awareness, and increased customer trust and royalty; then the company shifted to other products to expand its product lines. Twoway Group exports the bulk of its products to the United States which accounts for over 70% of its revenue, and with its product technology and advanced manufacturing capabilities, the company has passed strict certification requirements by major U.S. customers. Twoway Group has been operating in various markets for over 10 years with a focus on localized operations. In addition to its R&D, manufacturing, and operations headquarters located in New Taipei City, Taiwan, it has subsidiaries in the U.S., Vietnam, Thailand, Indonesia, and the Philippines, and dispatches excellent teams from Taiwan to train local employees and form excellent local teams to consolidate relationships with top network operators and other customers in various regions.

Figure 4:International Market Layout

Looking ahead, Twoway Group will vertically integrate its optical transmission product lines, horizontally develop its FDX platforms, and actively expand its market share in cable TV broadband. The company also plans to further enhance its fields of IoT, AI, low-orbit satellites, thermal imaging technology, and drone communication within five years, thereby expanding its scope of technology and gradually increase its market share. With the continuous increase in network demand and the popularization of AIoT technology, Twoway Group’s future prospects are worth looking forward to.

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