Laster Tech posts record February revenue, with cross-strait utilization rates exceeding 90%

Despite the Lunar New Year holiday dampening shipment volumes in February compared to January, Laster Tech, a prominent manufacturer of LED automotive lighting modules, reported a consolidated revenue of NT$540 million (approx. US$16.4 million) for February 2025. This figure reflects a robust year-over-year increase of 7.58%, marking an all-time high for the period. Factories on both sides of the Taiwan Strait maintained capacity utilization rates above 90%, buoyed by optimism surrounding China’s policies to stimulate new car sales.

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Memory industry eyes rebound amid SanDisk, Adata price hikes

The memory market is showing early signs of recovery, with supply chain conditions stabilizing and manufacturers pushing through price hikes. SanDisk, recently spun off from Western Digital, will raise prices by approximately 10% starting April 1, citing rising costs and an expected supply-demand shift. Adata noted a surge in inventory stocking among channel partners and new orders from major clients, forecasting the industry’s bottom in the first quarter of 2025, with a turnaround expected in the second quarter.

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Europe wrestles with EV depreciation and policy shifts

Since 2019, China’s new energy vehicle market has rapidly expanded to comprise half of new car sales by 2024, though this has complicated the used car market. Meanwhile, Europe’s transition to electric vehicles is facing challenges. As EV numbers grow, manufacturers strive to meet 2025 carbon reduction targets, creating a second-hand EV market similar to China’s, where depreciation rates exceed expectations, making new EVs often cheaper than used ones.

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