- Frencken Group (SGX:E28) is a globally recognised integrated technology solutions company that offer comprehensive end-to-end solutions across the entire manufacturing value chain.
- From product conceptualisation, integrated design, prototyping, and new product introduction to supply chain design and management, volume manufacturing, and logistics services, Frencken covers it all.
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Imminent semiconductor upcycle
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- As the demand for AI continues to rise, chip makers are increasing their production of smaller and faster chips. This presents a significant growth opportunity for the broader semiconductor market, including key players like Frencken.
- In their 1Q24 updates, Frencken demonstrated ongoing recovery with revenue and net profit reaching S$193.6m and S$9m, respectively, marking a 12% and 73% y-o-y ( y-o-y) increase.
Net cash balance sheet of S$62.2m
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