Reported 7 months ago
Vanguard Technology, a test equipment manufacturer, has experienced enthusiastic orders this year with full capacity anticipated by the end of the year. As the AI trend accelerates and demand for testing increases, particularly in wafer testing (CP), Vanguard's Chairman Ge Changlin mentioned the company's intention to continue expanding production based on market demand. With expectations of a strong year in orders and revenue surpassing last year, market insiders predict that Vanguard will see double-digit revenue growth this year and even greater profit growth. An important aspect of this growth plan is the expansion of production capacity, with plans to increase needle production capacity by 30% by the end of the year, positioning it as a significant driver of operational growth for the following year.
Source: YAHOO