Waving goodbye to the loss incurred in Q1 as a result of currency exchange, Flexium Interconnect Inc. is now embracing Q2, where it faces the interim period of new and old models and the capacity usage is just about the same as the same period last year. Traditionally the revenue starts to pick up from July. Now with the new design of American smartphones in place, the capacity is expected to be stimulated by the demand, therefore contributing to more income in July and even through the latter half of the year. The rise is expected be a growth of 2-digit. With all the expectations about the various fields in which FPC can be applied, Flexium estimates at least some 2-billion-NT-worth capital investment this year, including its new facility in Kaohsiung that will launch production in the second half of the year and its plan to deploy its business in China.

As for their strategy with new smartphones this year, Flexium has become a signature supplier after successfully taking control of wireless charging flexible boards. In response to customer’s demand, they have adopted thinner circuit to be applied to optic and wireless connection technology, creating an advantage.

Being optimistic about the application of new flexible boards, e.g. AI, energy efficiency, automated car systems, Flexium is well aware that it will use thinner, ultra-fine circuit and facilitate more stabilized connection. Ultimately, they anticipate substitution of FPC for PCB.

Flexium will spend no less than NT$2 billion this year. The new Kaohsiung facility will be ready by Q2 and is now prepared to launch trial production, with official operation to begin in the second half. In addition, Kunshan has established a subsidiary and activated a new facility, which will be launched respectively in the second half of this year and next year. These two investment plans will facilitate a portion of capacity for this year’s new products and boost the R & D for future products and technologies.

(News resource: MoneyDJ)