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Flexible PCB specialists Zhen Ding Technology and Flexium Interconnect have both reported strong sales for March and expect their sales momentum to continue into the second quarter of 2019, Digitimes reports.
Zhen Ding garnered revenues of NT$7.315 billion ($237.16 million) for March, up by 58.7% on month and 33% on year. The company is positive about the outlook for the second quarter, saying that the strong gains in March signal a stronger rebound in months ahead, and expects its second-quarter revenues to be higher than those seen in the first quarter.
Meanwhile, Flexium posted revenues of NT$1.465 billion for March, up by 63.5% on month and 20.9% on year. Flexium expects its sales to improve robustly in the second quarter due to reduced inventory levels at channels and peak-season effects.