Info-Tek eying new energy vehicle applications as growth engine

Patricia

Taiwan-primarily based Data-Tek, a devoted PCBA (PCB assembly) expert beneath Walsin Know-how Team, expects new energy vehicle apps to electric power significantly its small business expansion in 2022 and beyond.

At a recent meeting with shareholders, firm chairman Chiao Yu-heng reported 2022 will be a fruitful yr for Info-tek as its deepening deployments in EV and industrial control purposes will continue on to fork out off, bolstered by ever-much better demand for new energy vehicles amid the expanding energy conservation and sustainable development traits.

Chiao reported the firm’s creation traces in Taiwan and China are running at just about full potential, concentrating on automotive, healthcare and industrial programs, which will see even far better revenue prospective clients in 2023.

Information-Tek’s audited 2021 revenues surged 53.5% on year to NT$4.513 billion (US$152.57 million), and internet income shot up 140.8% achieving NT$208 million.

Chiao pointed out the spectacular earnings and gain gains mainly resulted from the company’s stronger China-sure PCBA shipments in 2021 than 2020 for EV battery management units, as nicely as electrical and mechanical handle purposes.

Although its shipments to China were being impacted by lockdowns in japanese Chinese towns in April-May, Chiao mentioned he is however self-assured about its overall profits efficiency for 2022 as Chinese clientele are expected to drastically intensify shipment pull-in momentum starting in the 3rd quarter.

Chiao disclosed the firm will kick off industrial output at a new plant in China’s Anhui province in July, and the plant will get to whole-ability manufacturing by the finish of the yr, focusing on IoT, sensible residence and datacenter purposes. Its present plant in China’s Suzhou will continue to be concentrated on new electricity, automotive and industrial programs.

Info-Tek will proceed to reinforce deployments in the automotive electronics apps which include autonomous driving, related cars and trucks and new strength answers, and will also enhance manufacturing technology to make improvements to yield rates and products precision, Chiao concluded.

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