SECOND MARRIAGE:The touchpanel supplier, which lost its position in the iPhone supply chain in 2012, said it was very unlikely to do so again in the coming years

Taipei Times
Date: Nov 03, 2017
By: Lisa Wang  /  Staff reporter

Touchpanel supplier TPK Holding Co Ltd (宸鴻) yesterday reported a 27 percent jump in net profit for last quarter from the same period last year, after it rejoined the supply chain for Apple Inc’s iPhone.

Last quarter marked the company’s fifth consecutive profitable quarter, as four years of restructuring efforts, including adjusting product portfolios and boosting manufacturing efficiency, appeared to bear fruit, TPK said.

“Since the beginning of this year, the company’s operations are back on the right track,” TPK chief strategist Freddie Liu (劉詩亮) said in a teleconference. “We believe our goal of posting annual revenue growth is within reach this year.”

TPK, the first touchpanel supplier for Apple’s first iPhone series, left the iPhone supply chain in 2012 after Apple switched to in-cell touchpanels for the iPhone 5, abandoning TPK’s out-cell technology.    [FULL  STORY]