Creative Tech
Creative Technology interim CEO and executive chairman Tan Jok Tin to step down in Jan 2026
Tan has been in the interim role since July, when Freddy Sim stepped down as chief for health reasons
Creative narrows H2 loss to US$4.4 million, but US tariff threat weighs on revenue
The company expects a ‘steady improvement’ in revenue next year, following its restructuring exercise
Creative Technology warns H2 revenue may be below target, with operating loss similar to that in H1
It says US tariffs and global trade tensions weakened consumer sentiment, dragging down revenue
Creative Technology CEO Freddy Sim to step down for health reasons; Tan Jok Tin will serve as interim CEO
The board will conduct a search for a new CEO
Creative appoints Sim Wong Hoo’s younger brother as CEO
[SINGAPORE] Creative Technology has named Freddy Sim, the younger brother of its late founder Sim Wong Hoo, as chief executive officer (CEO). The appointment is effective from Friday (May 16).
Creative Technology cuts workforce, joining wave of tech layoffs
[SINGAPORE] Home-grown electronics firm Creative Technology has retrenched about 40 staff, or 14 per cent of its workforce, as the tech layoff wave continues its rampage, The Straits Times has learnt.
Creative on ‘global search’ for new leader as CEO Song Siow Hui retires
It named its executive chairman Dr Tan Jok Tin as interim chief executive
Creative H1 loss widens to US$6.1 million on higher expenses
Uncertainty over import tariffs by the US and potential retaliatory measures from affected countries may affect consumer demand, says the group on its outlook
Creative posts deeper H2 loss of S$6.8 million despite higher revenue
The company attributes this to foreign exchange losses, particularly the depreciation of the euro and yen against the US dollar
Creative Technology narrows H1 loss to US$4.1 million
HOMEGROWN electronics company Creative Technology posted a net loss of US$4.1 million for its half year ended Dec 31, narrowing from its loss of US$10.6 million the previous year.
