M83 Estimates Record-High First-Half Sales for Infrastructure Subsidiary P&T Link
M83 announced on July 28 that its subsidiary P&T Link has reached an all-time high in sales for the first half of this year, estimated to be on par with the company's annual sales last year, driven by growth in its artificial intelligence (AI) infrastructure business.
P&T Link, a subsidiary responsible for the AI infrastructure business within the M83 Group, partners with Dblat, which is in charge of AI research and development, to form the group's AI business portfolio.
The significant sales growth of P&T Link in the first half of this year is attributed to the full-scale reflection of large orders for servers and storage secured earlier in the year. P&T Link supplies high-performance AI server equipment for the construction of GPU servers to domestic platform and cloud companies such as Naver Cloud and Kakao.
The customer base has been expanding from the traditional platform and cloud companies to include financial institutions. Entering the financial market, which has high entry barriers such as rigorous security and stability requirements, P&T Link supplies GPU servers needed for AI service operations to multiple insurance firms. The company also plans to broaden its business scope to banks, credit card companies, securities firms, as well as general enterprises and research institutes.
The company expects its growth to continue over the next two to three years, backed by expanded supply to existing major clients and entry into new markets, especially as domestic infrastructure investments accelerate—evident in Naver's recent announcement of plans to build a global AI factory in partnership with NVIDIA.
A representative of M83 stated, "The large-scale contracts with Korea’s leading platform and cloud operators resulted in significant revenue growth for P&T Link," adding, "As the group's AI R&D capabilities advance alongside its infrastructure business, we are also seeing tangible achievements in content production by further developing AX (AI transformation)-based production environments."
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Meanwhile, P&T Link is also expanding sales of servers, storage, and AI computing equipment to small and medium-sized businesses and research institutes through its proprietary B2B IT infrastructure platform, 'Best Server'.
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