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NEWS TAGGED CORETRONIC
Tuesday 11 March 2025
Coretronic sees short decline in Feb revenue with a rebound likely in March
Coretronic reported a consolidated revenue of NT$2.573 billion (US$80.4 million) in February, marking a 10% decline from January's NT$2.856 billion (US$89.2 million) and a 6% drop...
Tuesday 4 March 2025
Riding smart glasses' market momentum from CES 2025, Coretronic eyes industrial growth
The AI/AR glasses market is drawing attention at CES 2025, with shipments expected to surge before 2030. Coretronic Intelligent Robotics, having spent over six years developing AR...
Wednesday 19 February 2025
CIRC wins major orders for military drones from Taiwanese government
Coretronic Intelligent Robotics Corporation (CIRC), a subsidiary of the Coretronic Group, is actively participating in government procurement efforts and has secured substantial contracts...
Wednesday 19 February 2025
Coretronic raises capex target for 2025
Coretronic, a manufacturer of LED backlight units (BLU), has raised its capital expenditure (capex) target to approximately NT$1.5 billion (approx. US$45.86 million) in 2025, up from...
Tuesday 18 February 2025
Coretronic subsidiary to unveil cutting-edge HVTOL drone, eyeing European expansion
Coretronic Intelligent Robotics Corporation (CIRC), a subsidiary of the Coretronic Group, will unveil its latest hybrid vertical takeoff and landing (HVTOL) drone at the upcoming...
Wednesday 12 February 2025
Coretronic revenue falls 20% in January amid weak shipment forecast for February
Coretronic Corporation reported consolidated revenue of NT$2.856 billion(US$88.53 million) for January 2025, representing a 22% decline from NT$3.675 billion in December 2024 and...
Thursday 12 December 2024
Coretronic expects growth in imaging and energy-saving product shipments in December
Coretronic reported a self-estimated consolidated revenue of approximately NT$3.219 billion for November 2024, representing an 8% increase compared to the consolidated revenue of...
Wednesday 30 October 2024
Coretronic lowers 4Q24 shipment outlook amid weak demand through 2025
Coretronic has lowered its 2024 full-year shipment forecast for two major product lines due to delayed mass production of monitor products and lower-than-expected demand from sports-related...
Monday 28 October 2024
Taiwan's drone sector gains momentum, but supply chain gaps remain
Interest in the drone industry has surged to new heights. Following the 2024 Taipei International Electronics Show (TAITRONICS) and AIoT Taiwan, which debuted the "Drone Taiwan" pavilion,...
Monday 14 October 2024
Coretronic expects lower October shipments due to fewer workdays despite 3Q24 growth
Coretronic announced an unaudited monthly consolidated revenue of NT$3.435 billion (approx. US$106 million) for September 2024, marking a 5% decrease from NT$3.627 billion in August...
Friday 13 September 2024
AI and innovation propel Taiwan's drone market
As Taiwan's drone industry garners increasing attention, the country is set to host its first dedicated drone exhibit at the "AIoT Taiwan" event. Industry insiders report that 24...
Tuesday 10 September 2024
Backlight module leading companies compete for growth with expansion in Vietnam
In August, backlight module manufacturers Radiant and Coretronic both reported roughly flat revenues. Looking ahead to the third quarter of 2024, however, both companies believe their...
Wednesday 14 August 2024
Coretronic shows promise with drones and robot businesses exhibiting potential
Coretronic, aside from continuous efforts in energy-saving and imaging products, is actively expanding into new business areas.
Tuesday 30 April 2024
Revolutionizing manufacturing through AI: highlights from the 2024 AI Expo
The 2024 AI Expo, held at the Expo Dome in Taipei Expo Park from April 24th to 26th showcased cutting-edge AI innovations in smart manufacturing. Three keynote...
Friday 22 March 2024
Coretronic Intelligent Robotics secures US drone orders; eyeing Taiwanese military drone bid
The Coretronic Group, through its subsidiary Coretronic Intelligent Robotics Corporation (CIRC), is actively advancing in the drone industry.