Reported about 1 year ago
Despite economic challenges, radiator companies had a good performance in May with increased liquid cooling shipments. Double Hong's May revenue hit the fourth-highest in history at 1.38 billion NTD, up 13.1% monthly and 55.1% annually. Chi Mei set a record as the sixth highest with 5.28 billion NTD. Building Future, Genesis, and LCTech also achieved milestones in May. Nidec's revenue, however, decreased year-over-year. Analysts are optimistic about Double Hong's liquid cooling revenue, estimating a 5-10% share for the year. Overall, radiator companies exceeded expectations in May with impressive revenue growth.
Source: YAHOO