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IC substrate maker Kinsus Interconnect Technology has reported net profits for the first half of 2017 declined 82.1% from a year earlier to NT$199 million ($6.6 million), according to a Digitimes report.
Kinsus posted consolidated revenues of NT$9.89 billion in the first half of 2017, down 11.3% on year, while gross margin fell 5.85pp from a year ago to 19.46%. The company generated operating profits of NT$186 million in the first half of 2017, with operating margin reaching 1.89% compared with 11.44% a year earlier.
Despite negative results in the first half of 2017, Kinsus is expected to see its revenues increase by 20-25% sequentially in the third quarter, driven by a pick-up in substrate demand for smartphones. Meanwhile, revenues generated from its new substrate-like PCB line have started to buoy the company’s revenues since July, according to Digitimes.
Real Time with...HKPCA and IPC
During the 2017 International Printed Circuit & APEX South China Fair (HKPCA & IPC Show 2017) in Shenzhen, IPC Asia President Philip S. Carmichael speaks with I-Connect007 Managing Editor Stephen Las Marias about the move in the value chain that’s driving the electronics manufacturing industry forward.
Gene Weiner, Weiner International Inc.
IPC is planning to hold a special meeting on automotive electronics for senior executives during IPC APEX EXPO 2019. The meeting will be planned and produced by the IPC Ambassador Council. Its presentations will feature senior members of the entire automotive electronics supply chain.
This has been an exciting year for Prototron, which has achieved Mil-PRF-31032 and gone into the flex business. Most recently, Prototron received word that they had achieved their AS9100 Rev D, which made me want to check in with Kim O'Neil and find out more.