Taiflex Revenue Down in 2018, But Gross Margin Above 20%


Reading time ( words)

Taiwan-based Taiflex Scientific has announced financial results for the fourth quarter of 2018 and the whole year 2018. The company saw its 2018 consolidated revenues drop from a year ago, but the gross margin was at above 20%.

According to a Digitimes report, whether the company is able to make it into the supply chains of China-based smartphone vendors with its modified polyimide (PI) materials will be a major factor deciding Taiflex's performance in 2019.

Taiflex has decided to quit the solar market and is looking to clear out the remaining inventory in mid-2019. Since the company is offering the inventory at low prices, the sales of the solar products are expected to undermine Taiflex's overall gross margin for the year slightly, Digitimes adds. But the company's other IT components, whose prices went up in 2018, contribute much larger portions of revenues than the solar line.

Share

Print


Suggested Items

Top 10 Most-Viewed FLEX007 Articles in 2018

01/04/2019 | I-Connect007
Here’s a list of the top 10 most viewed FLEX007 articles in the past year.

Top 10 Most-Read PCB007 Articles of 2018

12/26/2018 | I-Connect007
Every year, we like to take a look back at the most popular PCB news and articles. These are the top 10 most-read PCB articles from the past year. Check them out.

Smartphone Substrate-Like PCBs Will Revolutionize the IC Substrate and PCB Markets

10/17/2018 | Emilie Jolivet, YOLE DÉVELOPPEMENT
The smartphone is one of the high value-add products that carries a very high demand for miniaturization. Customers expect larger screens, cameras with high resolution, and various other functions, in lighter and thinner phones.



Copyright © 2019 I-Connect007. All rights reserved.