Reported about 1 year ago
According to the report from Taipei on July 4, 2024, at 4:10 PM, Walsin (3105) achieved a record monthly revenue in June of NT$1.666 billion, boosting its second-quarter revenue to NT$4.961 billion, a 11.68% increase from the previous quarter as expected by the company. The deepening cooperation with major customer Broadcom, an Apple supplier, is expected to stabilize orders in the second half of the year, with the peak season effects anticipated with the launch of new smartphones in the third quarter. Walsin demonstrated growth in its Wi-Fi and cellular PA-related businesses, while the demand for Wi-Fi 6E and Wi-Fi 7 products is expected to significantly increase, especially with Wi-Fi 7 products already shipping and forecasted to grow by 2025.
Source: YAHOO