Zhen Ding Technology Holding Limited (Ticker: 4958), a global leading PCB manufacturer, today reported January 2024 revenue of NT$12,775 million, up 2.33% YoY, reaching a record high for the same period on top of a high base from last year.

According to Zhen Ding, despite the higher base in January last year after the supply chain returned to normal, the company’s January revenue this year achieved YoY and MoM growth across applications including Computers and Consumer Electronics, Automotive/Base Station/Server, and IC Substrates. Specifically, the combined revenue contribution from Automotive/Base Station/Server and IC Substrates has exceeded 10%. This demonstrated the effectiveness of the company’s diversification effort under the One ZDT strategy, enabling it to maintain steady revenue growth in a traditionally slower season.

Looking ahead to 2024, Zhen Ding reiterates that, while the magnitude of recovery for consumer demand and geopolitical uncertainty still need to be monitored, it anticipates modest revenue growth for 2024, as the supply chain inventory has gradually returned to healthy levels. Download as PDF