The Dongguan-based manufacturer attributes this performance to disciplined execution within its consumer electronics, AI infrastructure, and automotive electronics divisions. Chairwoman Wang Laichun noted that the company is effectively converting its capacity investments into tangible results while maintaining focus on AI-enabled devices and intelligent vehicle platforms. Basic earnings per share are projected to rise to a range of RMB 1.79 to RMB 1.95, up from RMB 1.59 in the prior-year period.
Growth remains broad-based, with significant momentum in the communications and data center segment, where revenue climbed nearly 50% in the first half of the year. The company has successfully moved to volume production for 800G optical products and 1.6T interconnect solutions. Simultaneously, the automotive sector saw a 274% revenue surge, bolstered by the integration of Leoni and the mass production of specialized components like rear-wheel steering systems. These results are preliminary and unaudited, with final figures to be detailed in the upcoming third-quarter report.


:max_bytes(150000):strip_icc():focal(730x234:732x236)/brittany-cartwright-jax-taylor-042424-2-44111ab94387465fb3c3f9b56068c753.jpg)


Comments (0)
No comments yet. Be the first!