Reported 7 months ago
Crystal Technology's main operational driving force this year is automotive products, with a goal for automotive revenue to reach 20% by 2025 remaining unchanged. The new Ningbo plant, responsible for producing automotive components, is expected to complete electromechanical engineering in the second quarter and begin mass production by the end of the third quarter, potentially increasing the revenue share of automotive products to close to 20% this year. With strong demand for automotive products and promising prospects in AI and 5G applications, Crystal Technology anticipates better operations in the third quarter driven by these emerging fields, aiming for double-digit growth compared to the previous year.
Source: YAHOO