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Home International Customs

Egistec March revenues down, FocalTech up

byCT Report
11/04/2017
in International Customs, World Business
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WASHINGTON: Fingerprint sensor supplier Egis Technology (Egistec) saw its March revenues decrease 13.4% sequentially to NT$335.14 million (US$10.95 million) while fellow company FocalTech Systems’ revenues surged 43.9% on month to NT$931.64 million.

Egistec’s revenues for March 2017 represented a jump compared with the NT$14.38 million reported a year earlier, however. The company posted revenues of NT$1.18 billion in the first quarter of 2017, up robustly from NT$106.2 million a year ago. Egistec’s fingerprint sensor solutions have been adopted by Korea- and China-based brand handset vendors including Samsung, Xiaomi and Lenovo, and places orders mainly with Taiwan Semiconductor Manufacturing Company (TSMC), according to industry sources.

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FocalTech’s revenues came to NT$2.16 billion for the first quarter of 2017, down 6.4% on year. The company has more diversified offerings that include touchscreen and LCD driver IC solutions, and fingerprint sensors. FocalTeh expressed previously optimism about shipments of its single-chip integrated driver controllers (IDC) that will boom in the second half of 2017. The company expects to ship over 100 million IDC chips in 2017.

Tags: Egistec March revenues downFocalTech up

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