Thanks to the new capacity of its Xiantao Plant in Hubei, the revenue of Tripod Technology Corporation (Tripod) hit another record high in Q417, reaching NT$12.596 billion; in addition to existing orders for Mi phone boards, Tripod has recently received orders from HUAWEI.

According to the market survey institution’s statistics, Mi passed Samsung for the first time to have the largest market share in India in Q417. As one of the suppliers for Apple’s Home Pod, which is about to launch on the 9^th of next month, Tripod expects to reach revenue of NT$11 billion in Q118, with a quarterly reduction of 12% but an annual growth of 7%, a record high over the same period.

        In terms of capacity, the new capacity of Xiantao Plant in Hubei, which was expanded last year, has gradually been opened, and Tripod expects to invest an additional NT$4~NT$5 billion to further expand Xiantao Plant, which would lead to a monthly increase of 600,000 feet. Currently, Tripod is China’s second largest PCB manufacturer, following Zhen Ding Tech. The monthly capacity of Tripod’s Xiantao Plant in Hubei is expected to increase 600,000 feet in Q418, leading to a total capacity of 1.8 million square feet every month. Currently, the total capacity of Tripod his 9 million square feet every month. According to Tripod’s management, the new capacity of Xiantao Plant in Hubei has gradually been opened. Tripod also plans to produce automotive boards in the Xiantao Plant in Hubei.

        The net profit after tax of Tripod as of September 2017 was NT$3.249 billion, showing an annual growth of 38.8%. With the peak demand, Tripod’s revenue in Q417 hit a record high and peaked at NT$45.819 billion in 2017 with an annual growth of 5.3%. (Source: cnYES)