Facing the Future: Successfully Navigating the Uncertain Path Ahead
It’s Only Common Sense: Going After the Small Wins Fosters a Winning Culture
The Chemical Connection: Surface Finishes for PCBs
Zhen Ding Reports 22.39% YoY Revenue Drop
December 19, 2022 | Zhen DingEstimated reading time: 1 minute
Zhen Ding Technology Holding Limited, a leading global PCB manufacturer, reported November 2022 revenue of NT$15,021 million, down 22.39% YoY and down 29.11% MoM. For January through November 2022, cumulative revenue reached NT$154,666 million, up 15.20% YoY. According to Zhen Ding, the lockdown measures in China have impacted a portion of smartphone peak season shipments in the supply chain, leading to the decline of some order pull-ins in November. With the gradual recovery of the supply chain, Zhen Ding will actively work with its clients and strive to minimize the impact from the supply chain disruption. The company expects that its full year revenue and net profit will both mark record highs again.
In addition, yesterday, Zhen Ding announced on behalf of its subsidiary, Avary Holding (SZSE: 002938), that the BoD has resolved to issue A shares via a private placement. The number of shares to be issued will be no more than 150 million shares and the total amount of the issuance will be no more than RMB4 billion. The main uses of the proceeds include the capacity expansion for high-end HDI and SLP products in Huai'an Park 3, the capacity expansion for automotive and server products in Huai'an Park 1, digital transformation, and fulfilling the needs of its working capital.
Overall, Zhen Ding’s capacity expansion plans are all on schedule, and its ABF fab in Shenzhen has entered the sample certification stage. While the global macro-economic outlook is still highly uncertain, Zhen Ding will continue to execute its growth strategy.
Under the One ZDT strategy, the company will leverage its four product lines to penetrate fast-growing application markets, further strengthening its leading position in the PCB industry.
Share on:
Suggested Items
Cicor Reports Double-Digit Growth Driven by Integration & M&A
04/15/2025 | CicorThe Cicor Group has made a successful start to the 2025 business year. In the first quarter, sales increased by 22.2 % to CHF 131.1 million (Q1/2024: CHF 107.3 million), while order intake increased by 29.1 % year-on-year to CHF 125.8 million.
Electronic System Design Industry Posts $4.9 Billion in Revenue in Q4 2024
04/15/2025 | SEMIElectronic System Design (ESD) industry revenue increased 11% to $4,927.3 million in the fourth quarter of 2024 from the $4440.9 million reported in the fourth quarter of 2023, the ESD Alliance, a SEMI Technology Community, announced in its latest Electronic Design Market Data (EDMD) report.
Intel Announces Strategic Investment by Silver Lake in Altera
04/14/2025 | IntelIntel Corporation announced that it has entered into a definitive agreement to sell 51% of its Altera business to Silver Lake, a global leader in technology investing.
FTG Announces Q1 2025 Financial Results
04/10/2025 | Firan Technology Group CorporationIn Q1 2025, the Corporation grew through acquisition and organically. FTG is strategically investing its capital in ways that will drive increased shareholder returns for the future in both the near term and long term. The company's achievements in Q1 2025 demonstrate this commitment, laying a strong foundation for future growth.
Kitron Lifts Outlook for 2025
04/03/2025 | KitronKitron updates its financial outlook due to strong demand within the Defence/Aerospace market sector along with a gradual recovery in other segments.