Walsin at a Glance

With the resumption of normal working days in March, along with quarter-end inventory restocking by distributors and OEMs, contributed to a steady increase in sales. Demand for AI-related applications, including servers and power management systems, also remained relatively stable. Walsin Technology’s global consolidated net sales for March totaled $3.4 billion NTD, reflecting a 27.3% increase from February. Additionally, monthly YoY sales grew by 11.1%, while the year-to-date cumulative revenue increased by 9.5% compared to the same period last year.

Despite steady shipments in the automotive, networking, and industrial sectors, June's global consolidated net revenue for Walsin Technology was NT$3.15 billion. This represents a 0.9% decrease in sales compared to May, primarily due to mid-year inventory audits and the appreciation of the New Taiwan Dollar.

July marked the start of the traditional peak season for the electronics industry. With inventory adjustments at customers coming to an end, the company sees steady demand from AI server and AI PC clients, along with increased procurement of power and DDR components for AI applications. As a result, Walsin Technology achieved global consolidated net sales of NTD $3.13 billion for July, representing a 9.8% increase compared to June and an 8.7% increase year-over-year. The company’s year-to-date cumulative revenue also showed a 6.5% increase compared to the same period in 2023.