Cheng Uei's revenues peak in August against GSEO's decline.
Largan Precision Co., Ltd., another major maker of optical lens in Taiwan, secured most of iPhone5's high-end lens orders to hit NT$ 1.534 billion (US$51.13 million) in revenues, up 30% MoM to be the second highest on record.
Largan and GSEO are both major suppliers of iPhone lens, but iPhone5's broader lens specifications left GSEO behind Largan in product yield rate, hence the contrasting revenue performances.
An institutional investor indicated that iPhone5's connectors and connecting wires have been transformed from 30 pins to 19 pins, with significant price increase, benefiting Cheng Uei's gross profit margin in the third quarter. Besides, the firm expects to reach a new revenue high again in September with the upcoming traditional peak season for commercial electric appliances.
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|Publication:||The Taiwan Economic News|
|Article Type:||Brief article|
|Date:||Sep 13, 2012|
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