Connector and cable assembly maker Sinbon Electronics has seen a drop in revenue, as inventory destocking beginning in the second half of 2023 led to slower demand. For the first eleven months of 2024, Sinbon posted NT$30.564 billion (US$940 million) in revenue, a drop of 0.66% compared to the same period in 2023. However, the company is confident about achieving positive growth in 2024 and is eyeing double-digit growth in 2025 driven by applications including green energy, AI, semiconductors, and electric vehicles.