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PCB maker Apex International Co. Ltd has announced consolidated revenue of NT$3 billion ($99.98 million) for the third quarter of 2017, with gross margin of 10%, consolidated operating profit of NT$24.58 million ($819,200), and after-tax consolidated net profit of NT$7.02 million ($233,962).
Quarter-over-quarter, consolidated revenue for Q3 2017 increased by 24.6% while consolidated operating profit increased by 40.36%, and after tax consolidated net profit increased 65.86%. Compared to the third quarter of last year, Q3 2017 results represent an 18.87% increase in consolidated revenue; 82.79% decrease in consolidated operating profit; and a 93.5% drop in after-tax consolidated net profit.
I-Connect007 China Team
Recently, the China Electronic Circuit Industry Association (CPCA) invited Dr. Shiuh-Kao Chiang from Prismark to present an online video report regarding the current and future impact of the current epidemic on the global electronic circuit industry. The I-Connect007 China Team attended the presentation, and the following report summarizes some of Dr. Chiang’s remarks.
Barry Matties, I-Connect007
At the recent EIPC Conference, Walt Custer delivered his annual report detailing the trends he’s been seeing in the electronics industry for 2016 and into the first quarter of 2017. Barry Matties sat down with Walt to discuss his findings, including his forecast for the upcoming year. Also discussed are Walt’s prognosis for the market segments with the most promise and those that cause him concern.
Gene Weiner, Weiner International Inc.
China’s economy accelerated for a second straight quarter as investment picked up, retail sales rebounded, and factory output accelerated in March. Gross domestic product increased 6.9% in the first quarter from a year earlier, compared with a 6.8% median estimate in a Bloomberg survey.