- Frencken expects to see a gradual recovery in its major segments, including the semiconductor and life science segments. However, its automobile segment could see a slower ramp-up as major customers have yet to make their final decisions on whether to select new energy or traditional vehicles.
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Diversified business with ability to share core competencies; focusing on customers who are leaders in their field.
- Frencken (SGX:E28) highlighted that it provides diversified integrated manufacturing solutions for multinational companies in the semiconductor, analytical life sciences, automobile, healthcare and industrial automation sectors.
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- In the semiconductor segment, Frencken has moved from a supplier of components to an entire fab processing system. In addition, it focuses on customers who are leaders in their field and it aims to be relevant and grow together with its customers.
Expect gradual recovery for major segments including semiconductor and analytical life sciences.
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