Reported about 1 year ago
PCB manufacturer Yahua (2367) held its shareholders meeting today and conducted board of directors elections. Yahua stated that operations will continue to strive for recovery and steadily increase the share of low orbit satellites. Over the past few years, Yahua has gradually adjusted its product structure, moving away from unprofitable wireless Bluetooth headset business and shifting towards automotive, low earth orbit satellites, AI applications, and high-end laptops. In the second quarter of this year, Yahua's main growth driver is low earth orbit satellites, with an estimated share of over 20%, and the third quarter is expected to maintain at least a 20% share. With Yahua's product distribution in 2023, automotive accounts for 42%, phones 4%, IoT 8%, IT-related 26%, and others 20%. Yahua has turned profitable in the first quarter of this year, with accumulated revenue of NT$76.6 billion in the first five months, a 24.98% increase year-on-year.
Source: YAHOO