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    J Touch to double screen production

    RIDING THE WAVE: The company hopes to cash in on soaring demand for touch panels since the launch of the iPhone with its newly developed low-cost screens
    By Lisa Wang
    STAFF REPORTER
    Friday, Dec 14, 2007, Page 12

    J Touch Corp (介面光電), the nation's biggest touch panel maker, yesterday said it planned to double its production next year to meet rapidly growing demand, as an increasing number of wireless devices are fitted with the screens.

    The Taoyuan-based company planned to expand its annual output by 92 percent to 48 million 3.5-inch screens next year from 25 million units this year.

    "Demand for touch panels have spiked since the launch of Apple's iPhone. J Touch has developed new technologies to supply touch screens at a lower cost," company chairman Yeh Yu-chou (葉裕洲) said.

    Overall, touch panel shipments are expected to jump to 95 million units in 2010 from 55 million units this year, boosted by rising demand for handsets, global positioning systems (GPS) and game consoles, Taipei-based market researcher Topology Research Institute (拓墣產業研究所) said.

    J Touch primarily makes less advanced, resistive touch panels for single-touch navigation, rather than the more advanced touch screens of iPhones with sensitive multi-touch navigation.

    Local liquid-crystal-display (LCD) panel maker and monitor assembler Innolux Display Corp (群創) is one of J Touch's biggest customers, along with wireless device vendors such as High Tech Computer Inc (HTC, 宏達電), Motorola Inc and Palm Inc.

    Revenues grew nearly 90 percent to NT$1.82 billion (US$56.24 million) in the first 11 months from NT$966 million a year ago.

    J Touch has developed a new generation of resistive touch and single-layer screens featuring multi-touch navigation at a lower cost. The company expects to begin manufacturing the screens in the second quarter of next year.

    "The new touch screens will be very competitive by price and we are confident that the new touch panels will replace," current multi-touch navigation screens on the market, Yeh said.

    J Touch has inked a deal to supply the enhanced touch screens to South Korea's Samsung Electronics Co for cellphones and is expected to expand its customer base to Japanese digital camera makers in the second half of next year, Yeh said.

    J Touch started trading its shares on the Emergent Stock Market (興櫃市場) on Oct. 15. Its shares were down 4.43 percent to NT$117.2 yesterday. The company planned to file an application to trade its shares on the more active GRETAI Securities Market (櫃台買賣中心) next April after starting trading on the Emergent Stock Market in October.
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