Chilisin Group Consolidation Revenue- January.2021
2021-02-05Chilisin Group reports January 2021 consolidated revenue of US$63.440 million, recording revenue up 17.8% MoM and up 43.5% YoY, with accumulated 2021 revenue of US$63.440 million, up 43.5% YoY.
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Chilisin Group reports January 2021 consolidated revenue of US$63.440 million, recording revenue up 17.8% MoM and up 43.5% YoY, with accumulated 2021 revenue of US$63.440 million, up 43.5% YoY. For the inductor products, the revenue of various products has reached a new high in recent months. The demand for new product applications such as 5G mobile phones, WiFi 6 and stay home economy continues to grow. For the resistor products, customer demand continues to be strong and the production capacity is gradually increasing. For the ferrite material products, the proportion of the order shipped in the Europe and U.S. has increased steadily and the amount of the orders received continues to reach a new record. The order booking momentum is strong for all major products as the customers are stocking up for the upcoming Lunar Chinese New Year. The company will make every effort to increase production output in February, in order to satisfy the strong market demands in the first quarter.
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