Momentum to Rise in Q3

 

After two years of adjustment, Sunflex expects to see a breakthrough in the consumer market this year with an increase in demand and delivery momentum from Q2 to Q3. With the adjustment of its product profolio, Sunflex has earned revenue from the stable momentum demonstrated by its telematics and factory control markets.
 

In addition to electronics, the company’s market share of automobile FPCs is continuously on the rise, the product portfolio of which includes front lights, tail lights, front seat/back seat display monitors, dashboards, and GPS car FPC. These products are characterized by their high threshold and long validation period, so much so that they have become an integral part of the company’s stable growing product portfolio, despite their life cycle of 3 to 5 years.
 

Having been subject to 2 years of conservative operations, Sunflex will resume its high capital expenditure with investments of approximately NT$ 50 to 60 million allocated to factory automation. Furthermore, due to the increase in the accessory assembly business that requires large-scale investment, the company also plans to expand its capacity of telematics and factory control equipment.