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NEWS TAGGED CORETRONIC
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.
Monday 11 March 2024
Coretronic shipments in March boosted by imaging and energy-saving products
Coretronic Corp. has reported a consolidated revenue of approximately NT$2.74 billion for February 2024, a decrease of 14% compared to the previous month's consolidated revenue of...
Friday 1 March 2024
Coretronic kicks off production in its second Vietnamese factory; Product updates
As global geopolitical tension, economic instability, and persistent inflation affected the recovery of consumer products, Coretronic's shipments and revenue declined in 2023. However,...
Wednesday 1 November 2023
Coretronic suffers blow with lower shipments across both major product lines
Due to adverse factors such as weak demand, sluggish inventory destocking, and high inflation, Coretronic projects lower shipments across both of its main product lines in the fourth...
Thursday 19 October 2023
Panel component suppliers aware of demand volatility in 4Q23
LCD panel component suppliers are aware of the volatility of demand in the fourth quarter of 2023, although overall operations in the second half of this year are expected to beat...
Friday 11 August 2023
Backlight module companies in Taiwan report mixed July performance and optimism for Q3
Taiwan-based backlight module manufacturers, including Coretronic, Radiant Opto-Electronics (Radiant), and Darwin Precisions Corporation (DPC), showcased diverging revenue trends...
Wednesday 2 August 2023
Coretronic expects quarterly growth in Q3 amid economic slowdown
Coretronic projects a 10–20% rise in quarterly shipments for its two major product lines in the upcoming peak Q3, compared to Q2. However, due to the sluggish economy, both...
Monday 12 June 2023
Coretronics sees May revenues rise slightly on month, but plunge over 20% on year
Taiwan-based backlight unit (BLU) maker Coretronic reported consolidated revenues of NT$3.18 billion for May, up 5% on month, but shrank 27% on year with consolidated revenues for...
Holtek
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