Wintek posts monthly decline, yearly rise in revenue

By Kevin Chen  /  Staff reporter

Tue, Oct 02, 2012 - Page 14

Touch panel supplier Wintek Corp (勝華) yesterday said consolidated revenue for last month declined 3.13 percent from August, but rose 33.65 percent from a year earlier.

The company said in a filing to the Taiwan Stock Exchange that last month’s revenue was NT$9.72 billion (US$330.7 million), compared with NT$10.04 billion in August and NT$7.28 billion in September last year.

The Greater Taichung-based company did not elaborate on its latest sales results, but analysts have already forecast the company will report lower revenue from August because of the company’s loss of orders for touch screens following the launch of Apple’s iPhone 5, for which the US company uses so-called in-cell screens made by LG Display Co and Japan Display Inc.

Nevertheless, increased shipments of the company’s one-glass-solution touch screens for tablets have helped offset the loss of iPhone 5 orders, Goldman Sachs said in a recent report.

In the first nine months of the year, accumulated revenue was NT$79.33 billion, up 18 percent from NT$67.23 billion during the same period last year.

Meanwhile, handset keypad maker Ichia Technologies Inc (毅嘉科技) yesterday reported its consolidated revenue last month rose 0.96 percent from August, but fell 11.76 percent from a year earlier.

Revenue was NT$788.53 million (US$26.82 million), with sales of mechanical integrated components at NT$182 million and sales of flexible printed-circuits integrated components, the main growth driver, at NT$619 million, the Linkou District (林口), New Taipei City-based (新北市) company said in a filing to the Taiwan Stock Exchange.

That was compared with NT$781.04 million in August and NT$893.62 million in September last year, according to Ichia Technologies, which also manufactures other electronics components, such as flexible print-circuit boards used in smartphones, tablets and other devices.

For the first nine months, the company’s consolidated revenue totaled NT$6.4 billion, up 6.65 percent year-on-year, the filings showed.