Unitech (2397-TW) announced progress on three robotics projects for European and American brand clients during its November 2026 investor conference. The first project has entered mass production and shipped, the second project will enter mass production in Q2, and the third project adopting NVIDIA's Thor platform is expected to enter mass production in Q3 - these quarters correspond to 2027's Q2 and Q3 according to the timeline stated at the conference. The projects supply robotic arm and mobile robot complete solutions, with clients prioritizing long-term component availability and quality assurance. NVIDIA's Thor platform is designed for robotics and edge AI inference, with the company preparing these platforms for deployment in 2027.
All three projects originate from the same group of European and American brand clients. The company stated that client products require coordination across design, verification, supply chain selection, material availability, and manufacturing from design phase to mass production.
Unitech Deploys Multiple AI Platforms for Robotics Applications
The company utilizes platforms from AMD, Intel, and NVIDIA, each offering different computing power and positioning for distinct workloads. Unitech provides recommendations based on client applications, software maturity, power consumption, and total cost. Before proposals, the company secures long-term supply commitments from chip manufacturers - both Intel and AMD have provided such commitments.
Clients prioritize long-term component availability as the primary value proposition. The company reported increased business inquiries over the past two years due to its long-term supply guarantees and quality assurance capabilities. Applications in sectors like rail transit require multi-year equipment lifecycles, necessitating consideration of long-term component availability and maintenance cycle alignment during the design phase.
Current applications span multiple industries: automated optical inspection for semiconductors in Japan, smart rail transit and medical aesthetics in Korea, surgical robot control in India, and medical sterilization, human-machine interfaces, and satellite communications in the US. For smart transportation, the company recently partnered with a Tier 1 supplier to integrate cybersecurity capabilities into in-vehicle edge AI solutions.
Contract Liabilities Reach 376 Million TWD in Q3 2026
Order values are reflected in the balance sheet before revenue recognition. Q3 contract liabilities reached 376 million TWD, representing customer advance payments not yet recognized as revenue. This figure accounts for 9.85% of the 3.819 billion TWD quarterly revenue, compared to 109 million TWD and 4.1% in the same period last year.
Contract liability amounts increased from approximately 100 million TWD in 2024 to nearly 400 million TWD in Q3 2026. The percentage of quarterly revenue remained below 5% for the first three quarters of 2025, rose to 6.6% in Q4 2025, and exceeded 8% for all three quarters of 2026.
The company reported a book-to-bill ratio of 1.6x in Q3, with order intake exceeding shipment value. Integration of long lead-time components, production scheduling, and customer delivery timelines requires coordinated arrangement. The company holds a positive outlook for Q4 and the first half of 2027 operations.
Validation and component preparation between project initiation and mass production concentrate in the period from 2026 to the first half of 2027. Delivery schedules during this period will determine the timing of recognizing the 376 million TWD advance payments as revenue.
FAQ
What robotics projects has Unitech announced progress on?
Unitech announced three robotics projects for European and American brand clients: the first project has shipped, the second will enter mass production in Q2, and the third using NVIDIA Thor platform will enter mass production in Q3 - these quarters correspond to 2027's Q2 and Q3 according to the November 2026 investor conference timeline.
How much are Unitech's contract liabilities in Q3 2026?
Unitech's contract liabilities reached 376 million TWD in Q3 2026, representing 9.85% of the 3.819 billion TWD quarterly revenue. This compares to 109 million TWD and 4.1% of revenue in the same period of the previous year.
