The contract manufacturer of circuit boards, Aspocomp, announced disappointing results for the year, leading to no dividend being distributed. Despite expectations of a gradual recovery in demand in the semiconductor market this year, consumer demand in other segments is also projected to improve along with the start of interest rate cuts.
In January, Aspocomp had already lowered its guidance for turnover and operating profit from last year due to low turnover, weakened product mix, and significantly increased material costs. Despite these challenges, the company continued to invest in research and development to improve its operations and expand its product offerings.
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