
Japanese touch panel supplier Alps Electric issued a press release on the 30th that due to the continued strong demand for smartphones/auto parts and the depreciation of the yen, the consolidated revenue target for this year (April 2014-March 2015) was revised up from the original estimate of 710 billion yen to 735 billion yen (which will increase by 7.4% year-on-year), the consolidated profit target was revised up from 41 billion yen to 50 billion yen (which will increase by 75.3% year-on-year), and the merger pure profit target was also revised up from 24.5 billion yen to 32 billion yen (which will increase by 123.6% year-on-year).
Alps said that the above-mentioned revised financial forecast for this year is based on the trial value of 1 US dollar to 115 yen and 1 euro to 135 yen; the original exchange rate set by Alps is 1 US dollar to 105 yen and 1 euro to 135 yen.
Alps and also released its financial report last quarter (October-December 2014): Due to the launch of new products by major smartphone customers and the demand for low-priced smartphones by Chinese manufacturers, the sales of smartphone components such as actuators for cameras have boosted strong sales, driving consolidated revenue to grow by 12% to 199.7 billion yen compared with the same period last year, consolidated revenue soared by 82% to 21.1 billion yen, and merged pure profit soared by 172% to 15.5 billion yen.
Last quarter, the revenue of the Alps electronic parts business (including "people's livelihood and other market sectors" and "automatic sectors") increased by 20% to 107.6 billion yen compared with the same period last year, and its revenue soared by 152% to 15.6 billion yen.
Among them, the revenue of people's livelihood and other market sectors (including touch panels, actuators, connectors and program switches, etc.) grew 26% to 58.4 billion yen, and the revenue of the automotive sector (automatic electric products and other automotive parts) grew 13% to 49.1 billion yen.
According to Nikkei News, on iPhone 6, Apple purchased the "optical anti-hand shock actuator" product from Japanese factories for the anti-hand shock of smartphone cameras. This product allows the iPhone 6 to take beautiful images comparable to the digital camera level even in dim places. The actuator product is only used on the 5.5-inch iPhone 6 Plus and is supplied by two manufacturers, Alps Electric and Mitsumi Electric, Japan.
According to Apple's financial report data released on the 27th, iPhone sales increased by 46% last quarter compared with the same period last year to a record 74.5 million units; among which, the US market accounted for as much as 41% of Apple's overall revenue last quarter.
According to the quotation of the CASX XQ Global Winner System, Alps soared 6.22% to 2,493 yen as of 13:30 on the 30th.
(This article is reproduced by MoneyDJ News authorized by MoneyDJ News; first image source: gigazine)