TPK, GIS see rising demand for pocket book and pill purposes
Siu Han, Taipei; Joseph Tsai, DIGITIMES
Touch panel makers General Interface Solution (GIS) and TPK Holding have each loved a ramp-up in orders for brand new iPad Pros, which will likely be buoying their income efficiency within the second quarter of 2020, in keeping with business sources.
Although the second-generation iPhone SE has adopted Apple’s conventional Touch ID design, GIS and TPK are nonetheless lacking out alternatives from the brand new smartphone, which adopts an in-cell contact panel with out 3D Touch performance attributable to price considerations, the sources defined.
However, the 2 companies are nonetheless anticipated to take pleasure in quickly rising demand for iPad Pro within the second half, the sources stated.
TPK and GIS are each suppliers of the iPhone 11, dealing with primarily the lamination of the smartphone’s touchscreen module.
The two companies’ shipments for the iPhone 11 have additionally been weakening because the coronavirus pandemic has severely hindered customers’ buying, the sources said.
But due to rising demand for iPads, TPK noticed its consolidated revenues decide up 27.4% on month to reach at NT$10.45 billion (US$344.64 million) in March, whereas GIS’ March revenues additionally soared 63.4% on month to return to NT$9.52 billion with first-quarter revenues reaching NT$22.64 billion, down 33.43% sequentially.
With most upstream suppliers’ capability in China already totally restored in April, demand for the iPad Pro is predicted to succeed in the height of the 12 months in April and can stay in excessive gear in each May and June, the sources identified.
As China-based Ofilm is steadily phasing out its touchscreen enterprise, value competitors within the touchscreen market is predicted to subside, the sources added.
TPK in 2020 can be seeking to increase into the medium-size LCD module enterprise that’s prolonged from the present product traces and can start to supply one-stop providers to its purchasers. TPK is ready to start mass transport LCD module merchandise within the second half.
Taiwan contact panel makers to see rising orders for iPads
Photo: Digitimes file photograph
