Asia
Walsin Lihwa Clarifies Media Report Forecasting Submarine Cable Business, Revenue
Walsin Lihwa (TPE:1605) clarified a media report on submarine cable products and revenue forecast, according to a Friday Taiwan Exchange filing.The report stated that its submarine cable products had entered certification in May, with approval expected by mid-2027 and mass production planned for July 2027.The report also said the business could generate more than NT$10 billion in annual revenue.Walsin Lihwa said financial and operational information is subject to disclosures through Taiwan's Market Observation Post System.
TPE:1605
