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HOME > Industrial News
A record high revenue in May 2018 prompts Asia Electronic Material to mass produce PCBs at its new plant next year
日期Icon 2018-07-02
 
Asia Electronic Material, a PCB supplier, reported a consolidated revenue of NT$172 million in May, an increase of 4.63% over the same month last year, and a year-on-year increase of 41.67%. With the cumulative revenue of $717 million from January to May, the year-on-year increase has been 32.38%. Asia Electronic Material remarked that the effects of product portfolio optimization and continuous price increases of PI (polyimide films) drove the new record revenue in May. With an increase in the proportion of high-margin products, such as black PI coverlay, Asia Electronic Material is optimistic about the peak season effect in the second half of the year.
 
Asia Electronic Material noted that the current product price increases over the same period last year in response to the price hikes of upstream PI helped the continued revenue growth in May. Along with the consistent PI stock-out conditions, prices may still further increase. In addition to rising product prices that provided the revenue, the company’s product portfolio optimization strategy has gradually flourished. Asia Electronic Material emphasized that in addition to an increasing demand for FPC, the company’s increase in its proportion of such high-margin products as black PI coverlay and stiffeners was also a key factor in encouraging positive revenue growth in May.

        Asia Electronic Material’s Kunshan plant currently has a 60% to 70% utilization rate, so due to the strong demand for terminal applications, such as 5G and automobile Internet products, Asia Electronic Material expects to invest US$18.8 million (approximately NT$560 million) to establish a new plant at Dongtai to increase production capacity. The new plant will produce FCCL (flexible copper clad laminates), high-frequency products, and other relevant products in the future. The factory is expected to start construction in August this year. If all goes well, trial production will be performed in August next year. Therefore, the company is highly anticipating its future growth momentum. (Source: Liberty Time Net)

 
 
     
 
 
     
 
 
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