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Radio Frequency (RF): Inari's primary revenue comes from RF testing and assembly, catering to customers in the smartphone market. Its largest client is Broadcom, a key supplier to Apple. This makes Inari heavily dependent on smartphone demand, particularly for high-end models like the iPhone.
Inari recently expanded its Batu Kawan plant in Penang and announced plans to diversify its revenue streams, including entering automotive, industrial IoT, and data center applications.
