Rongchang Forecasts Record Q4 Revenue, Double-Digit Full-Year Growth

According to MoneyDJ, Taiwan antenna maker Rongchang (3684) forecast on November 6 that fourth-quarter revenue will hit a record high for the period, with full-year revenue and profit both reaching double-digit growth. CEO Chen Jiá-rong attributed the outlook to sustained Wi-Fi 7 demand, growing satellite communications shipments, and emerging applications in multi-functional and automotive antennas. The company reported October revenue of 127 million Taiwan dollars, up 26.49% year-over-year, with cumulative January-October revenue of 1.052 billion dollars, up 7.6% year-over-year.
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