touch module manufacturer, announced its March revenue yesterday (6th). With the end of the replacement period of old and new products and the increasing momentum of new product launches, the single-month revenue returned to NT$10 billion, reaching NT$10 billion. NT$10.706 billion, a monthly increase of 67.5% and an annual increase of 12.5%. Revenue in the first quarter of this year reached NT$25.207 billion, a quarterly decrease of 33.4% and an annual increase of 11.3%.
In January and February, Yecheng's revenue fell sharply due to the reduction in working days and the replacement of old and new products. However, in March, with the influx of new products such as laptops and tablets, its operating performance will gradually rebound. Looking forward to this year, Yecheng is still optimistic about home ownership. The economy has driven the demand for IT products such as laptops and tablets, and it also plans to expand the ultrasonic under-screen fingerprint business opportunities for high-end mobile phones.
In response to demand, Yecheng has continued to expand production recently. Last year, the capital budget of the Chengdu subsidiary was approved to reach NT$4.372 billion, which was mainly used to expand tablet production capacity needs and strengthen production line automation. According to the plan, Chengdu’s new tablet production capacity will be in the first half of this year In terms of production capacity in Taiwan, it also spent NT$372 million to acquire land in the Houli Park of Zhongke last year. The relevant construction plan will start this year and is expected to be completed before the end of the year.
news source: Juheng.com
cover image source: Paixin.com
