WASHINGTON: Handset-use flexible PCB (FPCB) and keypad maker Ichia Technologies has announced consolidated revenues of NT$513 million (US$15.7 million) for May 2016, down about 17% on year.
Ichia’s May revenues on a sequential basis represented a 17% increase, however. The company credited the on-month growth to a pick-up in orders for automotive products. Ichia’s FPCB sales totaled NT$373 million in May, up 19% sequentially, while sales of its chassis components increased 13% on month to NT$153 million, according to the company.
For May 2016, shipments of FPCB products reached NT$248 million, while chassis components totaled NT$105 million, the company said. With customers set to roll out new devices in the third quarter, Ichia expects to post sequential growth in revenues and profits for the third quarter.