Reported about 1 year ago
Peng Weilin/Taipei reported on July 8, 2024, at 4:10 pm, as Apple welcomes the 'harvest' season and Apple concept stocks rush to ship in the summer, Yujing Optoelectronics (3406) accelerates its Apple consumption speed. With a first-half revenue of NT$10.224 billion, a year-on-year increase of 70.57%, Yujing Optoelectronics outperforms Apple concept stocks. Yujing Optoelectronics, known for producing iPhone lenses, forecasts better second-half revenue due to the upcoming volume production of new smartphones for major U.S. customers in the traditional peak season of the third quarter. The company, a pure play in Apple concept stocks, has adjusted its product mix this year, with mid-to-low-end demand in the third quarter surpassing high-end products, including high-margin VR products, influencing profitability.
Source: YAHOO