Flexible printed circuit (FPC) manufacturer Flexium Interconnect (Flexium) reported a loss in the first quarter of 2025 due to continued weak demand for smartphones and no significant improvement in capacity utilization. The company also faced ongoing price reductions on older models. Despite these challenges, Flexium stressed its commitment to accelerating the transition toward higher-value products this year to return to profitability. This strategic shift aims to mitigate potential future shocks from reciprocal tariffs and sharp exchange rate fluctuations.