Defense Speak Interpreted: JADC2—Why It’s More Relevant Than Ever in Drone Warfare
Beyond the Board: Orbital High Ground—Why Space Superiority Is Slipping Away
The Government Circuit: Trump’s Trade War Disrupts the Electronics Ecosystem
Zhen Ding Technology Reports Record Revenue and Profitability in Q3 2024
October 9, 2024 | Zhen Ding TechnologyEstimated reading time: 1 minute
Zhen Ding Technology Holding Ltd. (ZDT), a global leader in high-quality printed circuit board (PCB) solutions, announced its financial results for the third quarter of 2024, marking the company's most successful quarter to date.
ZDT achieved consolidated revenue of NTD 58.2 billion in Q3 2024, reflecting an impressive 28.3% year-over-year growth. This record-breaking performance was driven by strong demand across all of the company’s business segments, particularly in high-density interconnect (HDI) and rigid-flex PCBs.
The company also reported a gross profit margin of 23.7%, underscoring its commitment to operational efficiency and cost management. Net profit surged to NTD 7.8 billion, a 58.8% increase from Q3 2023, further demonstrating ZDT's ability to scale profitability alongside revenue growth.
ZDT continues to strengthen its market position through investments in cutting-edge technologies. The company's expertise in fine-line processing, high-layer count PCB technology, and material science enables it to meet the increasing demand for more complex and miniaturized electronics. Key sectors like 5G, artificial intelligence (AI), and automotive electronics remain major growth drivers, positioning ZDT at the forefront of the evolving technology landscape.
With a positive outlook for Q4 2024, ZDT is confident in its ability to sustain growth momentum. As technological advancements in 5G, AI, and automotive continue to accelerate, ZDT expects to capitalize on emerging opportunities in the global PCB market. The company remains focused on innovation and operational excellence as key drivers of future success.
Share on:
Testimonial
"Our marketing partnership with I-Connect007 is already delivering. Just a day after our press release went live, we received a direct inquiry about our updated products!"
Rachael Temple - AlltematedSuggested Items
DuPont Publishes 2025 Sustainability Report
07/22/2025 | PRNewswireDuPont published its 2025 Sustainability Report detailing the progress made toward achieving its 2030 Sustainability Goals.
NEOTech’s Westborough Facility Achieves AS9100 Surveillance Audit, Reinforcing Trust with Aerospace & Defense Customers
07/22/2025 | NEOTechNEOTech, a premier provider of electronic manufacturing services (EMS), integrated design engineering, and advanced supply chain solutions for the aerospace and defense, medical device, and high-tech industrial markets, proudly announces that its Westborough, Massachusetts facility has successfully completed the rigorous AS9100 Bi-Annual Surveillance Audit with zero findings, a testament to the company’s unwavering commitment to quality, security, and operational excellence.
PCBAA Wins Summit Silver Award from the American Society of Association Executives
07/18/2025 | PCBAAPCBAA was one of 38 associations that earned Silver Awards for outstanding contributions for an entry titled: Chips Don’t Float: More Printed Circuit Boards Must be Made in America.
INSPECTIS AB ‘Makes it a Meal’ with Series U50s Advanced Kit
07/18/2025 | INSPECTIS ABFamous chefs the world over maintain that an entrée doesn’t make a great meal without side dishes. At INSPECTIS, we call those ‘sides’ an Advanced Kit.
July 2025 PCB007 Magazine: Sales—From Pitch to PO
07/18/2025 |Though all parts of a company are essential for holistic success, it is a foundational truth that a company lives and dies by its sales. If there are no sales, the company eventually ceases to exist, or as Henry Ford says, “Nothing happens until someone sells something.” In the July issue of PCB007 Magazine, we break down the sales stack and provide a guide to up your sales game.