<p>➀ X-FAB's 2024 financial report reflects a challenging year with significant market headwinds, mainly due to industry-wide destocking, especially in the automotive sector.</p><p>➁ Despite the challenges, the company demonstrated resilience, maintaining profitability and preparing for future growth.</p><p>➂ Key highlights include a full-year revenue of USD 816.4 million.</p>
Related Articles
- Rapidus Starts 2nm Gate All Around Prototype Production at IIM-1about 18 hours ago
- Composite Structures with Extremely Small Amounts of Single-Walled Carbon Nanotubes Show Multifunctionality Independent of Additive Defectiveness2 days ago
- Modular programmable power supply tests PV inverters2 days ago
- Japanese chipmaker Rapidus begins test production of 2nm circuits — company commits to single-wafer processing ahead of 2027 mass production target2 days ago
- Fable: A Profitable Idea3 days ago
- Astute tackles supply chain with Winslow Adaptics signing3 days ago
- TSMC Q2 profit up 60% y-o-y3 days ago
- World’s First Comparator Free Chip For Memory Sorting3 days ago
- Small, Fast, And Powerful Car Module4 months ago
- TSMC ceremony marks early move to 2nm mass production4 months ago