All data are based on the daily closing price as of November 22, 2024

Lintes Technology Announces Expansion in Thunderbolt Product Lines and New Factory Launch

Collaboration with Lotes aims to boost market share in the CPU socket sector, with significant growth forecasted from new Thunderbolt innovations
Taiwan
l 6715.TW l 3533.TW Mid and Small Cap 2000 Tech 350
Share this on

At a recent conference, Lintes Technology, a leading connection cable manufacturer, unveiled strategic plans to expand its market presence through a collaboration with Lotes. This partnership is set to enhance Lintes’s CPU socket offerings and capitalize on the latest generation of Thunderbolt products, which have already started generating revenue this quarter.

Lintes Technology is set to focus its initial efforts on the 5th generation Thunderbolt, targeting the e-sports market leveraging Intel’s computing technology. Future plans include branching into creative industries, with expectations of robust revenue growth in the coming year, continuing through 2027 alongside its predecessor, the 4th generation Thunderbolt. The latter, which primarily serves the commercial display market, is anticipated to see a threefold increase in demand in the current quarter, with rising order visibility.

Additionally, Lintes Technology highlighted the success of its 3rd generation Thunderbolt active optical cable (AOC) products. These cables, used in optical communications, are gaining traction in sectors such as medical and photography due to their high-speed capabilities. As the data center market’s demand for 100G transmission speeds grows, Lintes’s high-speed active optical cables are poised for steady industry growth.

In response to customer needs for diversified production bases, Lintes Technology has completed a new factory in Thailand, slated to commence operations in the second quarter. This facility will transfer 20-25% of its production capacity from its Suzhou factory in China. Domestically, Lintes Technology is also planning to expand with a new plant in Taoyuan Longtan, which will primarily produce optical communication wires.

These strategic initiatives not only reinforce Lintes’s commitment to innovation in high-speed data transmission but also position the company to meet the increasing demands of the global tech industry efficiently.

Share this on
Jakota Newsletter

Stay ahead in the JAKOTA stock markets with our roundup of vital insights

Icon scroll to top