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Compeq handset PCB shipments expected to reach 180 million units in 2008

Compeq Manufacturing, a Taiwan-based maker of handset-use PCBs, is seeing strong orders from the mid-range and high-end segments driving its sales, with shipments for 2008 expected to grow 20% to 180 million units, according to market sources.

Handset PCB shipments in the second half of 2008 will total 96 million units, compared to 84 million units in the first half, the sources said.

With its orders growing stronger than those of fellow competitors, Compeq will see its utilization rate rise to 80% later in the second half of the year, the sources said.

Compeq's clients in the mid-range and high-end handset market include High Tech computer (HTC) and Apple, the sources disclosed.

The shipments to the mid-range to high-end segments are giving Compeq better margins, which are expected to help the company swing back to profitability in the second half, the sources said.

Compeq has reported net losses of NT$185 million (US$5.81 million) for the first half of the year due to heavy currency exchange losses in the first quarter, and reduced average selling prices (ASPs) amid low seasonality in the second quarter.

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