It had posted a net loss of
The group also recorded a higher revenue of
Despite the continuing decline in desktop computers sales, the company expects demand for hard disk drives to remain stable as it has shifted towards cloud infrastructure, gaming consoles and enterprise applications.
On competition from the emerging solid-state drive market, JCY director of finance
The company manufactures four basic components, namely base plates, top cover assembly, actuator pivot flex-circuit assembly and antidiscs.
Being one of the largest global hard disk component manufacturers, JCY benefits from the economies of scale.
JCY has six manufacturing facilities in
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