Leading Global Test Plant Yingtai Technology Distributing 11 Yuan: Chairman Welcomes Long-term Growth

Reported about 1 year ago

Yingwei Technology, a leading provider of semiconductor test interface solutions, held its annual shareholder meeting recently where they reported a revenue of 3.682 billion yuan last year, a 28.12% decrease from the previous year, and approved a cash dividend of 11 yuan per share, with a dividend payout rate of 81%. The company attributed the decrease in demand due to slow semiconductor inventory depletion, geopolitical tensions, and inflation. Despite challenges, Yingtai Technology is focusing on continuous collaboration with global clients, developing new product lines, investing in R&D, and enhancing manufacturing automation to drive market growth. Their efforts have seen them rise in global market share ranking from 4th to 3rd in the test seat market, positioning them among the top three globally.

Source: YAHOO

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