Deswell Industries shares rise 10.36% premarket as company expands production to meet rising demand for electronic components.

Deswell Industries surged 10.36% in premarket trading following news that the company is expanding production capabilities to meet rising demand for electronic components and smart devices. The firm is investing in advanced technology, automation, and sustainable practices to enhance efficiency, reduce costs, and improve output. Additionally, Deswell is prioritizing talent acquisition and exploring new market opportunities to diversify its product portfolio. These strategic initiatives align with growing global demand for electronics and position the company to strengthen its competitive edge in the industry. The announcement of production expansion and operational improvements directly supports the positive premarket price movement.