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Latest news and trends for industry
30
Jun
Hu Lane anticipates recovery in 2H25 amid profit challenges from currency swings
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Posted by
jeff
Automotive connector manufacturer Hu Lane faced significant profitability challenges in the second quarter of 2025 due to the traditional industry off-season and severe exchange rate volatility. The company reported weaker-than-expected profit performance during this period, with most industry players similarly affected by sharp currency fluctuations. Hu Lane chairman Tzu-hsiung Chang noted the compounded impact of short-term exchange rate swings on the supply chain’s performance, causing losses across the sector.
30
Jun
Kinpo Group adopts cautious stance amid tariff uncertainties, plans capacity expansions
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Posted by
jeff
In an earnings call on June 27, 2025, Kinpo general manager Wei-Chang Chen acknowledged that tariff uncertainties have led some clients to adopt a more conservative purchasing approach. However, Chen emphasized that the full impact will only become clear once tariff policies are finalized. Looking ahead to the remainder of 2025, Kinpo aims to maintain full-year performance at levels comparable to 2024, measured in US dollars.
30
Jun
Sanyang Motor sees growth amid market downturn, external challenges
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Posted by
jeff
Sanyang Motor held its shareholder meeting on June 26 to issue its financial report for 2024. The company’s two-wheel and four-wheel business segments both saw growth throughout the year, according to chairman Ching-yuan Wu, who stressed that the company’s core principles of quality, service, and innovation will continue to drive its operations amid external competition.
30
Jun
Draytek reports 52% revenue growth and 120% profit rise in 2024
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Posted by
jeff
Networking device provider Draytek announced a significant financial upturn for 2024, with year-over-year revenue increasing by 52% and net profit after tax more than doubling, with a 120% rise. The company revealed these figures during its shareholders’ meeting on April 26, 2025.
30
Jun
JDI raises funds from Ichigo, sells patents and factory to develop sensors and semiconductors for restructuring
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Posted by
jeff
Japan Display Inc. (JDI) announced it will issue new stock subscription rights to its parent company, Ichigo Trust, to raise JPY95.6 billion (US$664.4 million). The company also plans to sell patents related to LCD and OLED displays, along with the land and buildings of its Mobara factory.
30
Jun
Nvidia taps top Chinese AI researchers in bid to expand deep learning team
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Posted by
jeff
US semiconductor giant Nvidia has recruited two leading artificial intelligence (AI) specialists from China as part of its ongoing efforts to broaden its research team, according to a report by the South China Morning Post on June 29.