Chin Poon sees upturn revenue with increasing production
Date: 2018-02-01
News Type:
Automobile PCB manufacturer Chin Poon is expecting a better season in Q1 this year compared to Q4 of last year, with the inventory clear out of PCB at the customers’ end and a stock buffer prior to the Chinese New Year holidays in February. Chin Poon has planned to increase the capacity of the Changshou factory and seeks the breakeven point of its Thailand factory. When asked, the PCB manufacturer indicated that the expansion has been determined by local demand. Currently, orders from the local market are strong enough, and the space for expansion is ready to generate output accordingly.
With the Taiwan factory the main source of revenue, contributing more than half of the earnings, the Changshou factory accounted for 25% of the revenue. Based on local market demands, a total of 70 million USD is planned for the expansion of production, which will be operational in the latter half of this year or the first half of next year, at the earliest. The output value of the latest investment is expected to be between 2.4 and 2.5 billion NTD with the newly-joined operation running at full capacity. However, the actual production will depend on local demand.
The Thailand factory’s expansion and operation structure improvement has increased with the delisting of Draco, a subsidiary of Chin Poon. The capital expansion of $600 million Thai Baht in August 2017, organizational optimization, and equipment in position have all contributed to better production this year.
Meanwhile, according to statistics, from the increasing $100 – 200 million USD global mobile panel demands every year, Chin Poon aims to get 40 – 80 million USD in new orders each year, setting its own products apart from others through quality manufacturing and new safety zone related applications. (Source: Economic Daily)
More news
- TPCA Show 2025 Reservation! 2024-11-15
- TPCA Show 2024 will be held as scheduled on 10/25 2024-10-24
- TPCA Show 2024 Pre-registration 2024-10-23
- Rajah&Tann:Doing Business in Thailand &Southeast Asia 2024-10-18
- BYD's Thailand factory has been completed, achieving the production target of its 800th new energy vehicle 2024-07-25
- China to Cancel Tariff Concessions on Over 100 Products Under ECFA 2024-07-10
- MKS-阿托科技 大中華區業務總監 蔡政修博士對於大中華PCB市場的展望問與答 2024-06-06
- Dell Technologies announces AI PC, aims to make it standard by 2025 2024-05-20
- TSMC‘s Major Advancement in Advanced Packaging: Silicon Photonics Packaging to Launch in 2025 2024-05-10
- Kinsus Interconnect Technology contemplates setting up an IC substrate plant in Malaysia 2024-02-15
- Mainland China Rewrites the Global Map for Electric Vehicle 2024-02-01
- The spokesman revealed that the government is accelerating investment promotion in the electronics industry, one of the three industries targeted to upgrade the country. 2024-01-20
- CES Debuts Next Week, Unveiling the First Year of AI PC 2024-01-15
- Apple and Amkor to jointly establish a packaging plant - Serving as a downstream US plant for TSMC 2023-12-10
- Breaking Nvidia's Monopoly? 6 Major Tech Giants Developing In-House AI Chips in Unison 2023-10-20
- IDC: Mobile phones will recover next year 2023-09-10
- "Made in India" mobile phone production has exceeded 2 billion, making it the second-largest mobile phone manufacturing country globally. 2023-08-20
- The Taiwan Carbon Solution Exchange formally established 2023-08-10
- Zero inflation in mainland China in June Clouded by the shadow of deflation 2023-07-17
- Apple’s first MR, Vision Pro -- Mixture of Reality Glasses Debuts 2023-06-12