Ichia 3Q12 operations swing to slight profitability

///Ichia 3Q12 operations swing to slight profitability

Taiwan-based handset-use keypad and flexible PCB maker Ichia Technologies saw business operations turn from a net loss of NT$29 million (US$972,000) for the second quarter of 2012 to a net profit of NT$23 million for the third, according to the company.

Ichia has reported consolidated revenues of NT$2.273 billion and gross margin of 10% for the third quarter, increasing 19.38% and 2.54pp on quarter, the company indicated.

Mainly because clients are releasing new handsets and it has improved yield rates, Ichia expects significant sequential growth in consolidated revenues and gross margins for the fourth quarter of 2012.

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2016-11-15T09:15:26+00:00November 15th, 2016|PCB Assembly Technology Community|