‘FULLY UTILIZED’:The company has greater exposure to Chinese and Japanese car brands and is trying to enter the European and US markets, a company official said
Taipei Times
Date: Sep 22, 2017
By: Lisa Wang / Staff Reporter
Chunghwa Picture Tubes Ltd (CPT, 中華映管) saw its quarterly profits improve this
Chunghwa Picture Tubes vice president Ryan Chung, left, gives the thumbs-up sign at an event in Taipei yesterday. Photo: CNA
quarter from the last due to higher prices, as seasonal demand for handset and car displays added to supply constraints.
The world’s No. 3 car display supplier said it has raised panel prices by a double-digit percentage this quarter from a quarter earlier and expects another 5 percent hike next quarter, as demand is expected to continue exceeding supply.
“All of our factories are fully utilized, but we still cannot fully meet demand from customers, as this quarter is a peak season for consumer electronics and the auto industry,” Ryan Chung (鍾兆其), vice president of CPT’s sales and marketing center, told reporters on the sidelines of the Touch Taiwan Display show at the Taipei World Trade Center Nangang Exhibition Hall. [FULL STORY]
