01 Nov '12, 3am

Ilitek to see revenues drop 5-10% in 4Q12:

Ilitek to see revenues drop 5-10% in 4Q12 Mavis Hong, Taipei; Steve Shen, DIGITIMES [Wednesday 31 October 2012] LCD driver IC vendor ILI Technology (Ilitek) is expected to see its revenues decline 5-10% in the fourth quarter of 2012 from NT$3.25 billion (US$110 million) recorded in the previous quarter due to seasonality, according to industry sources. However, Ilitek will be able to maintain its gross margin at around 17% in the fourth quarter as it did in the previous quarter, the sources estimated. While shipments of large-size and small-size driver ICs both will remain strong in the fourth quarter, Ilitek expects shipments of large-size driver ICs to enjoy a higher growth in the quarter as compared smaller driver ICs. Ilitek has reportedly landed orders for touch controller ICs from Samsung Electronics, as well as related orders for Windows 8 devices. But Ilitek declin...

Full article: http://www.digitimes.com/news/a20121031PD225.html

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