30 Dec '13, 8am
FPCB maker Flexium to see double-digit revenue growth in 1H14 #DIGITIMES
FPCB maker Flexium to see double-digit revenue growth in 1H14 Patty Wang, Taipei; Steve Shen, DIGITIMES [Monday 30 December 2013] Flexible PCS maker Flexium Interconnect is expected to post double-digit revenue growth in the first half of 2014 thanks to its status being a supplier in Apple's supply chain, as well as buoyed by capacity ramps in the past two years, according to industry observers. After spending NT$2 billion (US$67.23 million) for capacity ramp in 2012, Flexium continued to invest NT$1.8 billion in the first three quarters of 2013 to upgrade its manufacturing processes and resulted in a 30% increase in its total capacity, noted the obsersers. Flexium also saw its revenues almost triple to NT$1.82 billion in November 2013 as compared to the monthly figures recorded in the first half of the year thanks to capacity ramp projects. Accumulated 2013 revenues throu...