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
Most Popular Stories
- Koch Brothers Step up Anti-Obamacare Campaign
- Vybz Kartel Convicted of Murder
- Stocks Close Lower Ahead of Crimea Vote
- Ulta Shares Look Good on Strong Q4
- FDIC Sues Big Banks Over Rate Manipulation
- Jittery Investors Dumping Russian Stocks
- JLo Turns the Tables in New Vid: 'I Luh Ya Papi'
- U.S. Consumer Sentiment Falls in Early March
- FDIC Accuses Big Banks of Fraud, Conspiracy
- Is Malaysian Airlines Flight 370 in Andaman Sea?