Backlit unit (BLU) makers Radiant Optoelectronics and Coretronic have each reported sturdy gross sales for March, pushed by sturdy BLU orders for Apple’s 7.9-inch iPad mini and 10.5-inch iPad Air, in response to business sources.
Radiant noticed its revenues surge 33.5% on month and 44.7% on 12 months to NT$5.289 billion (US$171.38 million) in March, throughout which BLU shipments elevated 14.3% on month to 12.18 million items, together with 9.034 million items for cell units, 2.924 million items for IT merchandise (notebooks and screens), 73,000 items for TVs, and 153,000 items for different functions.
For the primary quarter of 2019, revenues totaled NT$14.858 billion, down 17.81% on quarter however up 32.44% on 12 months.
However, Radiant might even see its income slip 10-15% sequentially within the second quarter because of an absence of recent merchandise, the sources estimated. Radiant will maintain an buyers convention on April 25 to disclose its first-quarter outcomes in addition to enterprise outlook for the second quarter.
Meanwhile, Coretronic reported revenues of NT$4.098 billion for March, up 35% on month however down 14% on 12 months. Year-to-date revenues totaled NT$11.274 billion, down 22% on quarter and 9% on 12 months because of off-peak season results and lowered work days within the quarter, the corporate stated.
The firm shipped 205,000 items of imaging merchandise akin to projectors within the first quarter, down 36% on 12 months. Shipments of such merchandise in April might be barely decrease than these shipped a month earlier, the corporate estimated.
Shipments of the corporate’s vitality saving units, primarily BLUs, totaled 10.01 million items within the first quarter, down 14.5% on quarter and 11.5% on 12 months.
Coretronic is scheduled to carry a web based buyers convention on April 30.
