Aspocomp’s Challenging Year: Low Turnover and Material Costs Affect Semiconductor Market Recovery Efforts
The semiconductor market is showing signs of recovery, with hopes for demand to gradually improve throughout the year. However, despite this positive outlook, the company reported disappointing results that fell short of last year’s performance. As a result, no dividends were distributed.
In January, Aspocomp, a contract manufacturer specializing in circuit boards, announced revised turnover and operating profit guidance due to low turnover, an unfavorable product mix, and significantly higher material costs. Despite these challenges, there is hope for demand in the semiconductor market to recover gradually throughout the year. Additionally, improvements in consumer demand and the initiation of interest rate cuts may also contribute to this recovery.
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