Jiangsu Smartwin Electronics steadily expands e-cigarette business

Nov.01.2024

Jiangsu Smartwin Electronics stated that the company entered the e-cigarette industry in the first half of 2023 and is currently in the early stages. The company plans to take a steady approach to further expand its market share in the e-cigarette sector.

Recently, an investor on the investor interaction platform asked Jiangsu Smartwin Electronics (301106.SZ) about the applications of its products in consumer electronics.

Jiangsu Smartwin Electronics responded that its primary products in the consumer electronics sector are calculators, mainly serving Casio as a key client. The company’s LCD products hold a high market share in Casio-branded calculators, reaching nearly 70%.

The e-cigarette business can also be categorized under consumer electronics, but in this entirely new application area, the company entered the industry in the first half of 2023 and remains in the early stages. The company intends to proceed steadily to further expand its market share in the e-cigarette industry.

Also Read:

[1] Jiangsu Juncheng: E-cig Product Capacity is Sufficient, TFT Products Reaching Scale

[2] Juncheng Technology Explains Low Profit Margin and Improvement Plan

[3] Company Analysis: Jun Cheng Technology's Expansion in E-cigarette Industry

#Asia #Open system e-cigarettes #China #Major companies

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