Semco and LG Innotek outperform expectations in 1Q24 due to AI-driven growth in high-end components

Digitimes
By Jack WuMay 5, 2024, 11:39 pm195 ptsTop
Amidst the global economic downturn and the continuous slowdown in end-product IT demand, Samsung Electro-Mechanics (Semco) and LG Innotek, which previously experienced severe performance slumps, have outperformed industry expectations in the first quarter of 2024 by supplying high-value-added products for AI…

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