SNS gets RM86mil order for its AI super servers

SNS Network Technology Bhd managing director Ko Yun Hung.

PETALING JAYA: SNS Network Technology Bhd (SNS) has received a RM85.52mil purchase order for artificial intelligence (AI) super servers from an undisclosed eCommerce platform in South-East Asia and Taiwan.

The servers will be supplied to a data centre that houses the client’s servers in Johor Baru, SNS said in a statement yesterday. Delivery for the high-performance servers, capable of taking on demanding AI tasks, is scheduled for August.

“We are on track in achieving our sales target for AI hardware this year.

“We expect the contribution from this purchase order to be recognised in the third quarter of the financial results ending Oct 31, 2024” Ko Yun Hung, managing director of SNS said.

The provider of information and communications technology products, services and solutions, posted lower earnings and revenue due to the increase in selling and distribution expenses mainly attributable to higher salaries and commissions to third-party online marketplaces for its first quarter ended April 30, 2024.