TDK sees major gains from AI and smartphone boom, yen depreciation boosts profits

Chiang, Jen-Chieh, Taipei; Jingyue Hsiao, DIGITIMES Asia Monday 5 August 2024 0

Credit: AFP

The launch of generative AI-capable devices and a significant increase in smartphone replacements have led to substantial growth in TDK's small lithium-ion battery segment. Moreover, the depreciation of the Japanese yen has further enhanced the company's...

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