January rebound for LCD makers Giantplus

January rebound for LCD makers Giantplus

February 4, 2016

Giantplus Technology, a Taiwan based maker of small to medium sized LCD panels, saw a January rebound in its orders from Chinese white-box handset makers, due in large part to strong demand for the Lunar New Year holidays.

Giantplus revealed that almost 90% of its white-box handset customers have started preparing orders. As such, the company expects its January revenues to reach NT $780 million (US$24 million), equivalent to their peak level reached in November last year.

The heavy snows in China saw production hit in the company’s plant in Kunshan, affecting its revenues of NT$10 million. However, the plant is shutting down during the holidays, so the affect will not continue.

In terms of its handset panel inventory, Giantplus is experiencing problems only in the 2.4 and 2.8 inch segments – for which they are preparing more stock.

Giantplus has started to diversify its income streams with orders from digital camera makers Altek. Digital camera production is the second largest market for for small to medium sized LCD panels, and Giantplus is positive about the market’s potential.

timyeo

Related Posts

Sky broadband first to go truly unlimited

Comments Off on Sky broadband first to go truly unlimited

Nine million customers for Bouygues Telecom

Comments Off on Nine million customers for Bouygues Telecom

Tariam BGAN X-Stream goes live

Comments Off on Tariam BGAN X-Stream goes live

MP4 file download opening in iPlayer filled

Comments Off on MP4 file download opening in iPlayer filled

Unicom continues growth despite recession

Comments Off on Unicom continues growth despite recession

MediaTek boosts Q3 sales projection

Comments Off on MediaTek boosts Q3 sales projection

1,000 WiMAX products expected by 2011

Comments Off on 1,000 WiMAX products expected by 2011

China’s 0.5 billion mobile phone user-base keeps growing

Comments Off on China’s 0.5 billion mobile phone user-base keeps growing

Blackberry Curve 8310 Smartphone arrives in Luxembourg

Comments Off on Blackberry Curve 8310 Smartphone arrives in Luxembourg

Broadcom Announces Multi-Line DSL Terminal Solution

Comments Off on Broadcom Announces Multi-Line DSL Terminal Solution

China’s telecoms merger

Comments Off on China’s telecoms merger

Ofcom offers incentives for BT fibre rollout

Comments Off on Ofcom offers incentives for BT fibre rollout

Create Account



Log In Your Account