Flexium Revenues to Surge on PI Board Shipment Growth in 2H19


Reading time ( words)

Taiwan-based Flexium Interconnect expects its revenues and profits to improve quarter by quarter on more shipments of PI (polyimide) boards for antenna use, after hitting the bottom in the first quarter of 2019 on weak demand for smartphones, according to a Digitimes report.

Flexium saw its first-quarter 2019 revenues shrink by 20.5% from a year earlier to NT$4.34 billion ($140.37 million) and witnessed its net profits for the quarter plunge 53.3% on year to NT$115 million, largely attributed to sharp sales declines for iPhones in the first quarter. The company is now among main flexible board supply chain partners for iPhones.

Share

Print


Suggested Items

A Year in Review: Cultivate New Opportunities in Crisis, Start Fresh

07/16/2020 | 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.

Walt Custer’s Market Report

06/12/2017 | 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.

Weiner’s World—April 2017

05/03/2017 | 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.



Copyright © 2021 I-Connect007. All rights reserved.