4. Influence of Competitiveness, Regulations, Economics
Currently United States increases bank interests and control currency. In addition, the trade war between China and United States affects international financial markets and all industries hugely that might cause the depreciation of global economics growth. Especially United States implement economics sanctions to ZTE and Huawei that affects suppliers of these companies. We will watch out the new situation of trend war and respond.
In downstream markets, although PC, NB, Smartphone, and tablet are saturated gradually and grow slowly, cloud computing and Internet of Things(IOT) require more demands of server, communication equipment, and storage. Autopilot car and aid system of automotive become future trends. Communication and automotive electronics bring new business energy.
In a very competitive market, ITEQ will work hard in technology and patents, create incentives to attract qualified employees, and upgrade competitiveness in laminate industry constantly. In the end, we appreciate your supports and all employee of ITEQ Corporation will do our best to achieve targets and share operation result with stockholders. Thank you.