Nihon Dempa Kogyo Co., Ltd. (JP:6779) has released an update.
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Nihon Dempa Kogyo Co., Ltd. reported better-than-expected financial results for the first half of 2024, driven by strong sales in the smartphone and data center markets, as well as increased demand for optical products. Despite the positive performance, the company has maintained its full-year forecast amid uncertainties in the automotive market and volatile exchange rates. Investors may find the company’s strategic positioning in booming sectors like AI and mobile communications promising.
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