Due to COVID-19 epidemic, LinkCom (6821) held its 2021 shareholder’s meeting on July 8, 2021. The meeting was presided over by President M. Julie Tan, who recognized the 2020 business report and financial statements, and decided to allocate a cash dividend of NT$1 per share.
President Ms. Julie Tan said that looking back at the operating situation in 2020, it was a challenging year for LinkCom, and it was also a year of squatting. Facing the challenge of COVID-19, there are still outstanding achievements in product developments and manufacturing, including: intelligent lighting control modules, offline voice modules and intelligent lighting solutions, the new design of planar transformers has been developed to 300W, and the Chinese factory also has set up automotive production lines successfully.
As LinkCom's China factory is well controlled against the COVID-19 epidemic, its performance in the first quarter of 2021 has increased by 38% compared to the first quarter of 2020. Looking forward to the third and fourth quarters in 2021, the epidemic situation in Europe, America, and Greater China has been stabilized, and the economy continues to recover. The third season is the traditional peak season for the electronics industry. Our IoT products and magnetic components used in automotive electronics will enter mass production. Due to the rise of the Asian epidemic, the demand for telemedicine, tele-teaching, and audio-visual connection has increased for telecom products. It is expected that the demand for retaliatory activities in Europe and the United States will increase in the second half of the year, and the performance will continue to grow up as we expected.
Looking to the future, LinkCom will continue to uphold the corporate cultures of "integrity, innovation, enthusiasm, speed, quality first and physical service". And provide customers with satisfactory operating services to operate the business, continue to deepen the competitive advantages of LinkCom’s R&D, manufacturing technology and customer trust, and quickly provide telecom communications, industrial control, automotive industry and the IoT in the post-epidemic era.
We expect to maintain long-term relationships with all shareholders and create a prosperous future together.