(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, Vice President of SBU 1 and Roger Chang, President of Kamaya Electric Co., personally attended the award presenting ceremony held at Hotel Shangri-La’s Far Eastern plaza in Taipei on October 4th, 2019 with 230 [...]

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.

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.

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.

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.

Affected by fewer working days during the Lunar New Year holidays among customers based in Asia , Walsin Technology’s February sales totaled at NTD $2.2 billion, resulting a decrease of 33.2% from January 2019.  Sales were up by 18.6% compared with the corresponding period of the preceding year.  YTD cumulative revenue of Walsin Technology increased by 35.0% when compared to the same period of 2018.

With working days in January resumed to normal and advanced pull-ins as a prep for the Lunar New Year holidays, Walsin Technology’s January global consolidated net sales totaled at NTD $3.3 billion.  WTC’s January sales increased by 8.9% from December 2018.  Sales went up by 48.8% compared with the corresponding period of the preceding year.  YTD cumulative revenue of Walsin Technology thus increased by 48.8% when compared to the same period of 2018.

Affected by year-end inventory control, less working days during the Christmas season and overall demand weakened, Walsin Technology global consolidated net sales totaled at NTD $3.03 billion in December, a decrease of 24.8% from November. Sales were up by 54.6% compared with the corresponding period of 2017. YTD cumulative revenues of Walsin increased by 121% compared to the same period of year 2017.