TAIPEI – Inventec's board of directors approved a plan to build new production lines for servers in Mexico for an estimated $75.9 million, according to reports.

The expansion has been approved, but the dollar figure for the investment and details of the new factories are not finalized yet.

Second quarter consolidated revenue rose 3% sequentially. Net profits were NT$2.3 billion (US$81.1 million) for the first six months of 2021, down 51.4% year-over-year. During that time, Inventec sold its Shanghai facility for NT$4.9 billion.

The company expects strong orders in the second half of 2021. Shipments will depend on the component supply. The firm’s notebook, server and smart-end device units are experiencing component shortages.