Reported 12 months ago
Taijiu Science (3532) held a shareholder meeting on June 27, announcing the election of a new board of directors. Former Chairman Lin Chien-nan passed the baton to Guo Wenbi. The company's performance in the second quarter is expected to surpass the first quarter, with improvements expected in the second half of the year. With the completion of the new 12-inch plant in the first half of 2024, Taijiu Science will introduce advanced technology from Japan's SUMCO, increasing production capacity and expanding into new markets to enhance company performance. Additionally, the company is focusing on AI integration and new semiconductor research and development, utilizing AI for process optimization under the guidance of CEO Wang Wenyuan. Despite a weak first quarter due to subdued demand in the automotive, mobile, and computer markets, Taijiu Science expects growth in the second quarter, anticipating better performance in the second half of 2024 compared to the first half.
Source: YAHOO