Zhen Ding Technology Holding Limited (Ticker: 4958), a global leading PCB manufacturer, today reported August 2023 revenue of NT$13,785 million, up 33.73% MoM and down 16.65% YoY. For January through August 2023, cumulative revenue reached NT$79,176 million, down 19.36% YoY.
According to Zhen Ding, its August revenue continued to deliver MoM growth, reaching the highest level for a single month year-to-date. This was mainly driven by the preparation of inventories for customers’ new products. Among all product applications, Mobile Communication experienced the highest MoM growth, and Computers & Consumer Electronics and Automotive Radar/Base Station/Server also delivered double-digit MoM growth. The company’s overall utilization rate has reached a high level currently, and its operation is expected to experience a moderate recovery in the second half of this year. Download as PDF