TPK reports revenue surge

Taipei Times
Date: Aug 07, 2018
By: Chen Cheng-hui  /  Staff reporter

TPK Holding Co Ltd (宸鴻), a maker of touch solutions and a supplier to Apple Inc, yesterday said its revenue last month showed a marked expansion from June, although it remained below last year’s level.

Consolidated revenue surged 56.5 percent to NT$9.31 billion (US$303.95 million), compared with NT$5.95 billion the previous month, hitting the highest monthly level since January.

Last month’s sales were 2.9 percent lower than NT$9.58 billion a year earlier, according to a statement the company posted on its Web site.

TPK did not elaborate on its sales performance for last month, although market watchers said the monthly increase might be due to ramped-up production to prepare for new product launches by clients later this quarter.    [FULL  STORY]

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