Reported about 1 year ago
Century Life (5314) has diversified its operations with a focus on military drones market, leveraging its existing semiconductor, system module, and IC module technologies and experiences. The company has developed four drones, with flight control computer IC modules and heavy-duty drones already in mass production. With sales of health products driving revenue growth, Century Life saw a doubling of revenue in May, reaching 0.38 billion NTD, a 4,229% increase year-over-year, and total revenue for the first five months at 2.49 billion NTD, a 4,685% increase. The company aims to capitalize on the Ministry of National Defense's procurement plan for drones over the next five years, with a total budget of 5.688 billion NTD.
Source: YAHOO