Reported about 1 year ago
Titanium held an opening ceremony for its Jiangsu NanTong plant on July 4, 2024. General Manager Zhang Guangming and CEO Huang Jiangting attended the event. The plant focuses on wireless radio frequency identification (RFID) and discrete component assembly using plasma cutting technology, with strong demand and expected revenue contribution by the fourth quarter. Market analysts are optimistic that the company will turn a profit in the second quarter. Titanium specializes in semiconductor equipment and plans to expand its product offerings to various industries, including semiconductors, soft boards, LED, and panels. The new plant is expected to contribute to revenue growth by the end of the year, as Titanium continues to innovate in semiconductor equipment R&D and expand its presence in the market.
Source: YAHOO