FPCB Maker Flexium’s Gross Margin Hits 4-year Low in 1Q18


Reading time ( words)

Taiwan-based flexible PCB maker Flexium Interconnect has disclosed its gross margin fell 8.3pp on year and 5.2pp sequentially to 14.7% in the first quarter of 2018, the lowest level in four years, according to Digitimes.

Flexium reported consolidated revenues of NT$5.463 billion ($184.2 million) for the first quarter, up 27.6% from a year earlier but sharply down 49.2% from a quarter earlier. Net profit for the quarter plunged 82.1% sequentially and edged up only 0.4% on year to NT$246 million.

Share


Suggested Items

Walt Custer’s Market Report

06/12/2017 | Barry Matties, I-Connect007
At the recent EIPC Conference, Walt Custer delivered his annual report detailing the trends he’s been seeing in the electronics industry for 2016 and into the first quarter of 2017. Barry Matties sat down with Walt to discuss his findings, including his forecast for the upcoming year. Also discussed are Walt’s prognosis for the market segments with the most promise and those that cause him concern.

Weiner’s World—April 2017

05/03/2017 | Gene Weiner, Weiner International Inc.
China’s economy accelerated for a second straight quarter as investment picked up, retail sales rebounded, and factory output accelerated in March. Gross domestic product increased 6.9% in the first quarter from a year earlier, compared with a 6.8% median estimate in a Bloomberg survey.

Weiner’s World

11/02/2016 | Gene Weiner, Weiner International Inc.
This year’s TPCA (Taiwan Printed Circuits Association) show held October 26–28 seemed to have lighter attendance than last year. Robots were on display everywhere, with lot of loaders and unloaders as well as the multi-axis, multipurpose types.



Copyright © 2018 I-Connect007. All rights reserved.