Strong June sales deliver record quarter for Silitech
Taiwan-based handset keypad maker Silitech Technology posted a new monthly record with consolidated revenues of NT$1.18 billion (US$36.9 million) in June, up 10% on month and 31% on year. The company's second-quarter revenues were a quarterly high, rising 10.76% sequentially and 10.76% from a year ago to NT$3.17 billion.
Though its main client Nokia has lowered its guidance for the second half of 2010, Silitech still expects strong orders from Nokia's low-end to mid-range devices as well as new products released by Samsung and RIM, the company said, adding that third-quarter revenues should increase by 10-15% sequentially.
Handset components such as keypads and casing contributed 90% to Silitech's sales in June, according to the company.
Fellow component maker Ichia Technologies' June consolidate revenues of NT$725 million were its highest monthly level thus far for the company in 2010, up 8.6% on month and 7.4% from a year ago. Its second-quarter revenues of NT$2.028 billion increased 24.34% sequentially, and first-half revenues totaled NT$3.659 billion, a 7.6% drop on year and below the NT$4 billion forecast.
With stronger orders for smartphone components, Ichia projects at least a 50% improvement in sales for the second half of the year.
Ichia actually received orders worth NT$800 million in June, but material shortages have limited and delayed shipments.
source
Though its main client Nokia has lowered its guidance for the second half of 2010, Silitech still expects strong orders from Nokia's low-end to mid-range devices as well as new products released by Samsung and RIM, the company said, adding that third-quarter revenues should increase by 10-15% sequentially.
Handset components such as keypads and casing contributed 90% to Silitech's sales in June, according to the company.
Fellow component maker Ichia Technologies' June consolidate revenues of NT$725 million were its highest monthly level thus far for the company in 2010, up 8.6% on month and 7.4% from a year ago. Its second-quarter revenues of NT$2.028 billion increased 24.34% sequentially, and first-half revenues totaled NT$3.659 billion, a 7.6% drop on year and below the NT$4 billion forecast.
With stronger orders for smartphone components, Ichia projects at least a 50% improvement in sales for the second half of the year.
Ichia actually received orders worth NT$800 million in June, but material shortages have limited and delayed shipments.
source
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