Published Date : 2021-12-03
Industrial applications exceeded expectations, connector manufacturer CviLux maintained
high growth in October revenue, and industrial applications accounted for more than a quarter.
As expected by the industrial market, in addition to the unblocking affect, the accelerated restructuring
of the supply chain by the epidemic should be the main reason. It is expected that this year's revenue
is expected to reach new highs, and earnings per share will challenge a 7-year high. Next year, with
the emergence of new customers for electric vehicles and promising prospects for industrial and server
applications, operations will maintain double-digit growth and the epidemic will slow down. The increase
in production at the Cvilux Laos plant will also increase capacity accordingly next year.
Source: https://www.moneydj.com/kmdj/news/newsviewer.aspx?a=3f8df420-c615-427f-a73e-d9e362488a47