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In addion to the fewer working days during the Christmas holidays and year-end inventory checking, the producon capacity of the Mainland China factory was also affected due to the rise of confirmed COVID-19 cases. With overall demand sll weak, Walsin Technology's December global consolidated net sales totaled NTD $2.37 Billion. Sales went down by 11.4% from November. The company's YoY sales decreased by 19.1%, while the YTD cumulave revenue of Walsin Technology was also down by 16.1%.

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.