Due to a series of inventory adjustments at the channel, demand has gradually reverted. Despite steady demand recovery, Walsin Technology recorded global consolidated net sales of NTD $2.73 billion for June, reflec+ng the impact of mid-year inventory checking. Sales declined by 0.3% compared to May and experienced a decrease of 9.1% compared with the corresponding period of the preceding year. YTD cumula+ve revenue of Walsin Technology also witnessed a decline of 18.2% compared to the same period of 2022.