Tuesday, July 13, 2010

Smartphones to drive revenues for flexible PCB and CCL makers

With handset vendors launching smartphones to tap seasonal demand in the latter half of the year, major Taiwan-based flexible PCB and copper-clad laminate (FCCL) makers have seen increases in orders, according to market watchers.

FPCB maker Flexium Interconnect saw its consolidated revenues hit an all-time high of NT$388.89 million (US$12.11 million) in June, up 5.6% sequentially and 40.8% on year.

New tablet PCs and smartphones launched by Flexium's clients in the US and increasing sales of FPCBs for LED light bar and touch-panel applications helped push up the company's revenues, indicated the sources, noting that sales to the US clients currently account for 30% of Flexium's total revenues.

Flexium is expected to see its revenue to grow 12.5% sequentially to NT$1.25-1.3 billion in the third quarter, the sources estimated.

Career Technology has posted consolidated revenues of NT$847 million for June, declining 3.7% from the previous month, according to the company. For the second quarter of 2010, consolidated revenues reached NT$2.62 billion, an increase of 33.3% from the previous quarter.

Career's revenues are likely to expand 10-15% sequentially in the third quarter, the sources projected.

FCCL maker Taiflex Scientific saw its consolidated revenues soar 59.5% on year to NT$541.69 million in the second quarter. However, the monthly figures represented a decline of 7.9% from the previous month due to delayed shipments by some clients.

Taiflex's second-quarter revenues were NT$1.69 billion, increasing 29.4% from a year earlier.

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