Reported 7 months ago
Huaxinke's vice chairman, Gu Lijing, anticipates an increase in the company's capacity to 80% in the second half of 2024, driven by the upcoming peak season for smartphones. With a focus on their liquid-cooled servers and high-power electrical demands, Huaxinke is in a promising position with clients like Lite-On Technology and Delta Electronics. Anticipating growth in the second half of 2024 and into 2025, especially with the early preparations by Southeast Asian and European American appliance factories for the Christmas demand, Huaxinke sees potential for a recovery to pre-pandemic levels by 2025 in response to various market drivers such as the increasing demand for passive components in AI applications.
Source: YAHOO