Capacity ExpansionFrencken is expanding its manufacturing operations by building a new, larger facility in Singapore to meet customer demand and improve productivity.
Earnings GrowthFrencken's 2024 earnings of S$37m were in line with expectations, showing a 14% year-on-year increase, driven by revenue growth and gross margin improvement.
Semiconductor Industry OutlookThe semiconductor industry is expected to continue its recovery, providing a positive long-term outlook for the chip sector despite economic uncertainties.