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

Day-to-Day: ZTE and the Potential Impending Trade War Saga

06/14/2018 | Gene Weiner, Weiner International Inc.
Nanya Technology, Taiwan's biggest DRAM chipmaker, will apply for a permit to provide chips to ZTE. The company said it has been notified about restrictions on shipments to ZTE, and that the ban would have limited effect on its operation. The company said on May 9 that it is preparing to apply for a permit to continue shipping chips to ZTE Corp. as export restrictions took a new turn due to a US-China trade spat.

Punching Out! Mid-2017 Report on the State of the N.A. PCB M&A Market

07/26/2017 | Tom Kastner
One of the most popular questions we receive concerns the market for M&A. Here is our take on the current market for PCB shops in North America. In general, the PCB market in North America is not growing, which means that to grow, shops either must take market share from others, or grow through acquisitions.

Weiner’s World – March 2017

04/03/2017 | Gene Weiner, Weiner International Inc.
The CPCA show held at the China International PCB And Assembly Show was moderately busy even though the new venue was not quite ready (no escalators, the "water closets" not fully finished, the heat was only on for a few hours one day). It showcased products for PCB Manufacturing, Electronic Assembly Materials and Manufacturing Services.



Copyright © 2019 I-Connect007. All rights reserved.