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Affected by fewer working days during the Golden Week holidays in Mainland China and the weak overall demand out of concerns about high inventory levels, Walsin Technology’s October global consolidated net sales totaled NTD $2.45 billion. Sales went down by 11% from September. Sales decreased by 14.2% compared with the corresponding period of the preceding year. YTD cumulative revenue of Walsin Technology decreased by 15.8% when compared to the same period in 2021.

As the destocking processes gradually ended, customers in China resumed goods pulling in in November to cope with the COVID control measures imposed by local authorities. Walsin Technology’s November global consolidated net sales totaled NTD $2.68 billion. Sales went up by 9.3% from October. Sales decreased by 16.1% compared with the corresponding period of the preceding year. YTD cumulative revenue of Walsin Technology decreased by 15.8% compared to the same period in 2021.

Although inventory remains high and overall demand is slow, some customers initiated advanced shipment pull-in as a prep before the golden week holidays. As a result, Walsin Technology’s September global consolidated net sales totaled NTD $2.75 billion. Sales went slightly up by 4.3% from August. Walsin Technology’s Sales decreased by 19.9% compared with the corresponding period of the previous year. YTD cumulative revenue of Walsin Technology also reduced by 15.9% compared to the same period of 2021.

(Taoyuan, Taiwan) Walsin Technology was awarded the Asia Pacific Entrepreneurship Award (APEA) in the corporate excellence category, a regional prestigious award presented to companies like Walsin for its operational excellence, value creation, leadership, responsible entrepreneurship and investment in people. The distinguished APEA award is a regional recognition program promoted by Enterprise Asia, the non-profit organization. The APEA aims to promote sustainable leadership, innovation and responsible entrepreneurship across 14 countries and markets including Taiwan, China and Malaysia. Lee Ku, President of Walsin Technology, James Hung,

The overall demands reduce because of the uncertainties caused by the China-US trade war and mid-year inventory adjustment & stocktaking. Walsin Technology’s global consolidated net sales for June totaled at NTD $2.37 billion, down by 11.7% from May. Sales decreased by 44.6% compared with the corresponding period of the preceding year. YTD cumulative revenue of Walsin Technology decreased by 10.1% when compared to the same period of 2018.

Due to the unclear outlook of the global economy, end-use customers tend to place orders conservatively. Walsin Technology’s global consolidated net sales for April totaled at NTD $2.83 billion, up by 0.8% from March. Sales decreased by 9.5% compared with the corresponding period of the preceding year. YTD cumulative revenue of Walsin Technology increased by 13.3% when compared to the same period of 2018. To confront such uncertainty, Walsin Technology will continue to adjust and enhance its product mix.

The overall demand decreases as the US-China trade war escalates. Walsin Technology’s global consolidated net sales for May totaled at NTD $2.68 billion, down by 5.2% from April. Sales decreased by 31.5% compared with the corresponding period of the preceding year. YTD cumulative revenue of Walsin Technology increased by 0.6% when compared to the same period of 2018.

With the total working days resumed to normal in March and in progress destocking at certain end-use customers, Walsin Technology’s global consolidated net sales for March totaled at NTD $2.81 billion, up by 27.2% from February. Sales went up by 6.8% compared with the corresponding period of the preceding year. YTD cumulative revenue of Walsin Technology increased by 24% when compared to the same period of 2018.