Handset keypad maker Silitech reports 14% profit drop for 2008

Taiwan's Silitech Technology has posted net profits of NT$1.11 billion (US$32.7 million), or NT$6.54 per share, on consolidated revenues of NT$9.11 billion in 2008, according to a company filing with the Taiwan Stock Exchange (TSE). The handset keypad specialist experienced a 14% profit drop for last year, despite a 2% growth in sales.

Rival Ichia Technologies has scheduled to hold a shareholder meeting on June 10 to release its financial results for 2008, according to a filing with the TSE.

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