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Yageo chairman: inventory adjustments have reached healthy level

The passive component giant Yageo held its shareholders meeting on May 30. Founder and chairman Pierre Chen stated that current inventory adjustments have reached a healthy level. The capacity utilization rate for standard products has increased from 50% to 65%, and for niche products from 70% to 75%, with the expectation that inventory will be fully adjusted by the first half of 2024. ....

Pierre Chen , German Heraeus Group , High Performance Computing , French Schneider Electric , Telemecanique Sensors ,