[%CJIW%] if I remember correctly, ![%ZGbz%] actually underwent customer diversification back in 2016-2017, which led to their biggest customers, Dyson's dissatisfaction. Their earnings underwent some pullback during the period, but eventually they managed to comeback with management expertise and the E&E expansion cycle.

In retrospect, looking at [%Gkid%] now, it is definitely a wise move made by VS management.

based on the VS's customers diversification case, I believe that it is a "no pain, no gain" evolvement and it really depends on the Management's tenacity to sacrifice short term gain to obtain the business independence over the long tern

@Ryunanda if I remember correctly, !$KLSE-VS actually underwent customer diversification back in 2016-2017, which led to their biggest customers, Dyson's dissatisfaction. Their earnings underwent some pullback during the period, but eventually they managed to comeback with management expertise and the E&E expansion cycle.

In retrospect, looking at $KLSE-ATAIMS now, it is definitely a wise move made by VS management.

based on the VS's customers diversification case, I believe that it is a "no pain, no gain" evolvement and it really depends on the Management's tenacity to sacrifice short term gain to obtain the business independence over the long tern

$KLSE-SKPRES @kahliong @terence775 @thelollapalooza 

As mentioned previously last year, I wouldn't bet against it going lower. As Terence put it, client concentration is very unfavorable to SKP... unlike $KLSE-VS who has better segregation of clients. 

Dyson's sales had been bad, and is slowly leaving Malaysia for Philippines where it is investing big money... (source: https://www.thestar.com.my/aseanplus/aseanplus-news/2023/09/16/consumer-electronics-giant-dyson-to-invest-us194mil-in-new-philippine-factory-says-marcos )

The question for SKP is therefore - how do you replace a few billion client of yours? Not easy...