Telecommunication and data center products face shipment delays while optical communication takes the lead
Browave Corporation ('Browave'), which specializes in optical communications, announced that its net profit after tax stood at NT$451 million in 2022, achieving annual growth of 453.1%. However, as its clients from the telecommunication industry adjusted their inventory and the demand for data centers weakened, Browave's outlook for 2023 has grown cautious. Given that its clients have merely delayed shipment, instead of canceling their orders, it is expected that the first and second quarters will be roughly in line with the performance of 2022...