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Wednesday 8 May 2024
Excellence Opto expected to improve profit significantly in 2H24
Rumors have been around in the electric vehicles market, with Tesla's Cybertruck recently facing a recall, causing a temporary slowdown in supply chain deliveries. It is anticipated...
Friday 12 January 2024
Panasonic will finalize location for third US plant in FY24
Panasonic's battery company plans to build its third factory in the US. While it terminated a battery project in Oklahoma last month, Panasonic Energy said it was not because of the...
Wednesday 27 December 2023
New car projects would help EOI's US plant break even by the end of 2024
Excellence Opto. Inc. (EOI), a Taiwan-headquartered automotive light module supplier, has begun mass production at its Michigan plant, raising the utilization to 50% in the second...
Wednesday 27 September 2023
EOI eyeing a return to profit in 1Q24
Excellence Optoelectronics (EOI), a Taiwanese manufacturer of LED vehicle lighting modules, anticipates a return to profitability in the first quarter of 2024 when its new US plant...