Reading time ( words)
Unitech Printed Circuit Board is expected to return to profitability by the end of 2017, as brisk shipments to the smartphone sector and rising product ASPs have helped drive up the firm's earnings for the second half of the year, according to a Digitimes report. As the shipment boom is expected to last into 2018, the company is expected to have better revenue performance in the coming year.
The Digitimes report added that the company’s capital expenditure of NT$2 billion ($66.71 million) on installing additional rigid-flex board automation equipment and other facilities to boost capacity have paid off with sharp revenue increase starting August. Since then, the company has seen its monthly revenues hit new highs for three consecutive months.