Hiwin: Lead Times for Transmission Components Extend, Revenue and Profit Growth Expected

According to CNA, Hiwin Technologies held its shareholder meeting in Taichung on the 27th, approving a cash dividend of NT$2 per share. Chairman Chuo Wen-heng stated that lead times for products like ball screws and linear guides have extended, and the company expects Q2 performance to surpass Q1 and the same period last year. The second half of the year is expected to be better than the first, with full-year revenue and profit growth projected. Chuo noted that despite global economic uncertainty, Hiwin leverages its smart manufacturing expertise to maintain competitiveness. Currently, order visibility for ball screws extends to five months, with orders for Q4 shipments already being accepted. To meet strong demand, the company plans to hire at least 200 new employees this year.