Rakon keen to ‘get up on its foils’ as telco sector sales sink
NZX-listed oscillator maker has been struggling with headwinds for several consecutive periods.
A range of Rakon oscillators and timing control devices.
Lower sales volumes through Rakon’s telecommunications and positioning industry customers has led to inefficiencies that are weighing on the company’s gross margin, but the company's leaders say its fortunes will reverse once it "gets up on its foils".
The NZX-listed oscillator maker invoked the
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