The recovery in global Light Vehicle (LV) demand in 2023 has been stronger than expected, as supply constraints eased in most markets. The outlook for 2023 has been increased by 4%, from 85.8 million ...
Taiyo Yuden Earnings: Improving MLCC Capacity Utilization Drives Margin Recovery; Shares Undervalued
Taiyo Yuden's June-quarter sales decreased 2.2% sequentially due to the appreciation of the Japanese yen. However, the operating margin improved to 3.7% from 2.4% as capacity utilization increased.
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