SUPPLY CRUNCH: The company, which last year generated most of its revenue from conductive paste, plans to expand its product lineup and diversify its customer portfolio
Taipei Times
Date: Jan 07, 2020
By: Lisa Wang / Staff reporter
Ample Electronic Technology Co (勤凱科技) said it has a positive revenue outlook for the first half of this year, after sales surged last month on the back of rebounding customer demand.
Consolidated revenue last month increased 91.65 percent to an all-time high of NT$73.25 million (US$2.43 million) from NT$38.22 million a year earlier, the Kaohsiung-based company, which supplies conductive paste primarily to passive component makers, said yesterday.
Revenue last year sank 17.39 percent to NT$589.2 million from NT$713.25 million in 2018 due to excess inventory in the supply chain, Ample said.
The company generated 90 to 95 percent of its revenue from conductive paste used in passive components, it said. [FULL STORY]