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Article: Taiwanese passive component suppliers see turnaround in Q2.
- Article from:
- The Taiwan Economic News
- Article date:
- July 29, 2009
CopyrightCOPYRIGHT 2009 China Economic News Services. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Taipei, July 29, 2009 (CENS) -- With strong consumer demand for mobile phones, notebook PCs and LCD (liquid crystal display) TVs helping to drive up capacity utilization rates to around 70%, Taiwanese passive components makers have generally enjoyed a turnaround in business operations in the second quarter of this year.
One example is Holy Stone Enterprise Co., Ltd., a MLCC (multi layer ceramic capacitor) supplier, who scored sales revenue of NT$3.059 billion (US$93.63 million at US$1: NT$32.67) for the second quarter, still 5.86% less than a year earlier but sharply up 38.16% from a quarter earlier.
More noteworthy is that the firm's pretax profits ...