Chilisin Group Consolidation Revenue- May.2020
2020-06-04Chilisin Group reports May 2020 consolidated revenue of US$48.94 million, recording revenue down 6.37% MoM and up 7.70% YoY, with accumulated 2020 revenue of US$221.511 million, up 4.53% YoY.
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Chilisin Group reports April 2020 consolidated revenue of US$52.206 million, recording revenue up 12.23% MoM and up 19.85% YoY, with accumulated 2020 revenue of US$172.370 million, up 3.67% YoY. Chilisin Group reports May 2020 consolidated revenue of US$48.94 million, recording revenue down 6.37% MoM and up 7.70% YoY, with accumulated 2020 revenue of US$221.511 million, up 4.53% YoY. For the revenue of the inductor products, the demands from the stay home economy related customers such as NB, PC, server and networking products continued in May. The supply of the big and small size molding products continues to be tight. For the revenue of the resistor products, the market demands remain stable. For the revenue of the ferrite material products, although the recovery of the automotive market is slow, but the dawn is near. We expect the shipping momentum to pick up gradually. In respect to the future demand outlook, aside from the continuing demands from the stay home economy/WFH related products, we expect the demands for 5G and automotive related products will continue to rise as the COVID-19 pandemic is gradually slowing down and most countries have started to lift the shutdowns.
*Each monthly figures are based on exchange rate of the reporting month, for reference purpose only.
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