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Yageo's Sales Soar 52% in August

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Yageo's (TPE:2327) consolidated sales surged 52% year on year to NT$16.3 billion in August.

Sales for the first eight months reached NT$115.09 billion, up 35% from a year earlier, according to a Tuesday Taiwan Exchange filing.

Yageo said AI-related applications and demand in Asia remained strong despite seasonal holidays in Europe and the U.S.

The company said customer inventory levels remained healthy but it will monitor geopolitical risks, tariffs and currency movements amid an ongoing structural shift in the electronics industry driven by AI demand.

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