In addition, more than 50% of the group’s LCD backlight units delivered during the year were for larger automotive digital instrument panels (over 10-inches), compared with 33% in the prior year.
CDW Holding (SGX:BXE
) says it expects to report a “significant improvement” in its consolidated profit for the FY2022 ended Dec 31, 2022.
The higher profit is attributed to the improvement in its LCD backlight units and LCD parts and accessories segment. The group’s total delivery volume of LCD backlight units improved y-o-y due to the low base in the year before as its backlight unit productions were temporarily suspended in April and May 2022 due to Covid-19 restrictions in Shanghai.
