Zhen Ding Reported Its Operating Results for the Full Year of 2024, Expecting AI Applications to Drive Growth in 2025
March 17, 2025 | Zhen Ding TechnologyEstimated reading time: Less than a minute
Zhen Ding Technology Holding Limited, a global leading PCB manufacturer, hosted an investor conference and announced its consolidated financial results for the full year of 2024. Revenue for 2024 was NT$171,664 million, reaching a record high in the company’s history and maintaining the company’s position as the world’s largest PCB manufacturer for the eighth consecutive year. The full-year net income was NT$13,096 million, net income to parent was NT$9,180 million, and EPS was NT$9.67.
According to Chairman & Group Chief Strategy Officer (Group CSO) Charles Shen, Zhen Ding’s 2024 revenue increased by 13.4% YoY, exceeding previous expectations and setting a new historical record. The company's global PCB market share further increased from 7.0% in the previous year to 7.3%, and it remains committed to its mid-to-long-term growth strategy. Among Zhen Ding’s four major applications, revenue for Mobile Communications, Servers/Automotive/Optical, and IC Substrates all achieved record highs, while Computers and Consumer Electronics also showed a significant recovery. Benefiting from a better product mix and improved production efficiency, its gross margin for 2024 reached 18.9% and operating margin reached 6.8%, both delivering year-on-year improvements.
Suggested Items
TRI at SMTA Monterrey 2025
03/19/2025 | TRITest Research, Inc. (TRI), the leading provider of test and inspection systems for the electronics manufacturing industry, will be participating in the SMTA Monterrey Expo & Tech Forum 2025 at the Cintermex Convention Center on April 10, 2025.
Technica USA Appoints Jason Perry as New President
03/19/2025 | Technica USATechnica USA, a leading provider of materials, equipment, and services for the printed circuit board (PCB) fabrication, assembly, MEMS, and semiconductor industries, is pleased to announce the appointment of Jason Perry as its new President.
Merlin Circuit Technology Invest in ESI 5335 Laser Drill Technology
03/19/2025 | Merlin Circuit TechnologyMerlin has been manufacturing HDI products for more than 15 years, firstly with mechanical drilled micro vias and subsequently laser drilled vias with an ESI 5330 Laser Drill.
Paige Fiet: From Emerging Engineer to Quality at TTM
03/19/2025 | Marcy LaRont, PCB007 MagazinePaige Fiet is a graduate of the IPC Emerging Engineer program and now works at TTM Technologies in Logan, Utah. She was an IPC Student Board Member and has been a columnist for I-Connect007. She is a stellar example and an encouragement to other young engineers about how to be successful in your early career.
Worldwide Server Market Revenue Increased 91% During the Fourth Quarter of 2024
03/19/2025 | IDCAccording to the International Data Corporation (IDC) Worldwide Quarterly Server Tracker, the server market reached a record $77.3 billion dollars in revenue during the last quarter of the year.